Deutsche Bank Shares Rise After Shakeup

ENLARGE Deutsche Bank managers held meetings and conference calls with employees in London, New York and Frankfurt, above. Photo: Martin Leissl/Bloomberg News By Jenny Strasburg and Jenny Strasburg The Wall Street Journal CANCEL Biography @jennystrasburg Google+ [email protected] Juliet Samuel Juliet Samuel The Wall Street Journal CANCEL Biography @CitySamuel [email protected] Oct. 19, 2015 1:46 p.m. ET 0 COMMENTS Deutsche Bank AG DB 2.48 % employees and investors on Monday positively graded the lender’s management and organizational overhaul, saying they welcomed clarity on how businesses will be judged going forward. They also said next week will be crucial to understanding Deutsche Bank’s

Big bank whistleblower turns down reward worth millions

Global banking system under attack

A former Deutsche Bank employee has turned down his share of a $ 16.5 million whistleblower award to protest a lack of punishment for the bank’s top executives.

Eric Ben-Artzi, a former risk officer, is in line for the major payout after warning the U.S. Securities and Exchange Commission that Deutsche Bank (DB) had inflated the value of its portfolio of exotic credit derivatives during the financial crisis.

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