Saturday, August 28, 2010

HSH Nordbank Chief Nonnenmacher Says He Never Approved or Tolerated Spy

Germany - HSH Nordbank AG Chief Executive Officer Dirk Jens Nonnenmacher said he never approved or tolerated spying at the bank and that the lender will “do everything” to examine allegations that spying took place...

German magazine Der Spiegel reported on Aug. 21 that officials at the bank asked a security company to investigate former HSH Nordbank Chief Operating Officer Frank Roth, who was fired last year. The magazine relied on a document citing an unidentified former security adviser.

Nonnenmacher said the security adviser has since made a statement revoking the allegations... (more)