Finance

Deutsche Bank’s Co-Head of Americas ECM Left Amid Investigation

  • Beau Bohm departed German bank before probe was completed
  • Allegations are ‘offensive and false,’ Bohm’s attorney says

Deutsche Bank AG’s former co-head of equity capital markets in the Americas, Beau Bohm, left in April amid an investigation into an alleged personal relationship with a subordinate, according to people with knowledge of the matter.

The investigation focused on a relationship between Bohm and a female director in the firm’s investment-banking arm in New York, the people said, asking for anonymity to discuss confidential information. The woman didn’t directly report to Bohm, and he departed before the bank concluded its investigation, some of the people said.