A whistleblower who helped reveal false accounting at Deutsche Bank has refused an $8.25 million award from a U.S. securities regulator because of the agency's failure to punish bank executives, the Financial Times reported.
Eric Ben-Artzi, a former Deutsche Bank risk officer, wrote in an opinion article in the Financial Times that the $55 million U.S. Securities and Exchange Commission penalty on which the award is based should have been paid by Deutsche's executives.
Ben-Artzi, his law...
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