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Report: Deutsche Bank suspends 5 execs at MEA wealth management arm

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Report: Deutsche Bank suspends 5 execs at MEA wealth management arm

Deutsche BankAG suspended five executives at its wealth management arm servingthe Middle East and Africa, Reuters reported April 6, citing "a sourcefamiliar with the matter."

The bank suspects after an internal probe that the threeGeneva-based and two Frankfurt-based executives breached rules, the newswireadded. No clients were negatively affected as a result of the employees'actions, the source said.