Deutsche Bank AG agreed to pay former executive Colin Fan roughly $6 million to settle a lawsuit he filed over trades that bank lawyers concluded improperly earned him millions of dollars, according to people familiar with the settlement. The agreement is a partial victory for Mr. Fan, who argued that Deutsche Bank unfairly withheld bonuses he had earned while he worked there. He left the bank in late 2015.

Source: Wall Street Journal May 02, 2018 19:06 UTC