Deutsche Bank to Search Former Exec’s Emails in Derivatives Spat
- Louise Kitchen left German lender for Credit Suisse last year
- Disclosure of records to hotel group normal part of litigation
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Deutsche Bank AG, fighting a €500 million ($520 million) lawsuit over the potential misselling of risky foreign exchange derivatives, agreed to search the emails and records belonging to a former executive, Louise Kitchen.
The German lender will search Kitchen’s records as it prepares for a London trial with a Spanish hotel operator, according to a filing Monday. The agreement came after the operator queried why she hadn’t been included in a list of what it characterized as key individuals for disclosure purposes.