While Deutsche Bank employees fret about their jobs and pay, Germany's largest lender is trying to track down several hundred former staff to claim share payouts it has been holding in Jersey.
) employees fret about their jobs and pay, Germany’s largest lender is trying to track down several hundred former staff to claim share payouts it has been holding in Jersey.
The assets, which are in the form of stock as well as accrued dividends, have been held for years by the outpost, which was the central depository for awards for Deutsche Bank employees globally, excluding those in Germany and the United States. Deutsche Bank said it was hard to speculate on why the former employees had not been located. The relatively low value of their assets partly reflects an 80% drop in Deutsche Bank’s share price over the past decade to record lows.
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