A German judge could force Deutsche Bank (DB) to pay up to €1.5B in damages to the the heirs of...

|About: Deutsche Bank AG (DB)|By:, SA News Editor

A German judge could force Deutsche Bank (DB) to pay up to €1.5B in damages to the the heirs of Leo Kirch over the collapse of his media empire in 2002 if the bank declines to settle the case. Kirch, who died last year, sued DB over comments former CEO Rolf Breuer made about Kirch Group's ability to obtain financing and his alleged maneuverings to split up the company.