Deutsche Bank has sacked two senior managers, ahead of a possible criminal investigation into alleged surveillance of those it branded troublemakers.

Deutsche Bank declined to comment yesterday, saying it was waiting for the outcome of its own investigation into the surveillance of a non-executive director and the alleged monitoring of a critical shareholder and a journalist.

Earlier in the week, state prosecutors said they were considering mounting a criminal investigation.

German banks watchdog BaFin has also launched an investigation. – (Reuters)