Deutsche Bank spying scandal widens


German media report that Deutsche Bank has suspended its security chief after allegations that Germany's largest bank spied not just on its employees but also on people outside the financial institution.
The news agency Reuters says unnamed sources have confirmed reports published by the German daily Frankfurter Allgemeine Zeitung (FAZ) on Wednesday, that Deutsche Bank had spied not only on its employees but also on people outside the bank. The paper said the bulk of the spying allegedly took place in 2006. However it is unclear what kind of data the institution's security department had gathered.
Reuters says senior bank managers were among those under surveillance. Deutsche Bank has so far not commented on the report. Also on Wednesday,the German business daily Handelsblatt reported that Deutsche Bank had suspended the security chief of its German operations. Rafael S., a former officer with the German army, had been responsible for managing daily security. His tasks included gathering and assessing "relevant security information."

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