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    1. Home
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    3. >Germany drops probe of former Deutsche Bank board member over Wirecard
    Banking

    Germany Drops Probe of Former Deutsche Bank Board Member Over Wirecard

    Published by maria gbaf

    Posted on August 10, 2021

    1 min read

    Last updated: February 18, 2026

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    This image relates to the article discussing the closure of the insider trading investigation against Alexander Schuetz, a former Deutsche Bank board member, by German prosecutors regarding Wirecard shares.
    Former Deutsche Bank board member Alexander Schuetz linked to Wirecard insider trading investigation - Global Banking & Finance Review
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    Germany Ends Investigation into Former Deutsche Bank Board Member Schuetz

    FRANKFURT (Reuters) – German prosecutors have dropped an investigation of former Deutsche Bank supervisory board member Alexander Schuetz for alleged insider trading of Wirecard shares, a Stuttgart state prosecutor said on Monday.

    Germany’s securities regulator BaFin filed a criminal complaint against Schuetz in April.

    Stuttgart prosecutors, which had been handling the complaint, found no initial grounds for suspicion in the case and will not pursue the issue further, the Stuttgart prosecutor said.

    A spokesperson for Schuetz declined to comment.

    (Reporting by Tom Sims; Editing by Caroline Copley)

    Frequently Asked Questions about Germany drops probe of former Deutsche Bank board member over Wirecard

    1What was the reason for the investigation of Alexander Schuetz?

    The investigation was related to alleged insider trading of Wirecard shares.

    2Who filed the criminal complaint against Schuetz?

    Germany's securities regulator BaFin filed a criminal complaint against Schuetz in April.

    3What did Stuttgart prosecutors conclude about the case?

    Stuttgart prosecutors found no initial grounds for suspicion and decided not to pursue the issue further.

    4Did Schuetz provide any comments regarding the investigation?

    A spokesperson for Schuetz declined to comment on the matter.

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