Deutsche Bank (DB.US) CEO Christian Sewing will face lawsuits totaling millions of dollars.

According to the financial news app Zhitong Finance, according to foreign media quoting court documents, Christian Sewing, CEO of Deutsche Bank (DB.US), will face a lawsuit with a claim amounting to millions of dollars, filed by former employees of the bank. These former employees allege that Sewing led an internal audit of derivative transactions that had serious flaws.