An ATM is seen outside a branch of German Deutsche Bank in Madrid, Spain, March 22, 2016. REUTERS/Sergio Perez FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) has suspended five wealth management executives, a source familiar with the matter said. As part of an internal investigation, Deutsche Bank found that three Geneva-based and two Frankfurt-based staff in its wealth management business serving the Middle East and Africa may have violated rules, the source said, echoing a report by online publication Inside Paradeplatz. No clients suffered damage due to their actions, the source said. Deutsche Bank declined to comment. Reporting by Andreas Kröner; Writing by Arno Schuetze; Editing by Alexander Ratz and Mark Potter
Deutsche Bank has suspended five wealth management executives as part of an internal investigation; it is believed they may have violated rules though no clients have suffered damage due to their actions. Deutsche Bank has declined to comment.