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Being watched? Deutsche Bank is alleged to have spied on its employees

Snoopers ‘spied’ on Deutsche Bank staff


06.07.09

Deutsche Bank was today alleged to have hired private detectives to spy on its employees, including a member of the supervisory board.

Senior managers and shareholders were also victims of the snooping which included females hired to approach men in bars “to find personal weaknesses of certain shareholders”.

The German financial watchdog BaFin has been informed and will launch a probe.

The revelations in the magazine Der Spiegel today come after the bank launched an internal inquiry at the end of May into potential breaches of data privacy law.

Detectives were hired to keep an eye on people suspected of leaking information, and made inquiries as to who they were meeting and when, said Der Spiegel, which had seen a report by a law firm on the matter.

Victims of the espionage included a representative from union Verdi on the supervisory board suspected of having disclosed the company's third-quarter results in 2001 to journalists.

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I dont want to have to ruin your day, but they all do it. They bug conference rooms, company limosines, and operate surveillance.
Welcome to the real world!

- Dave Davies, Basingstoke, Hants


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