UPDATE 2-Deutsche Bank co-CEO Fitschen faces trial over Kirch case

lunes 2 de marzo de 2015 14:03 GYT

* Munich court lets prosecution proceed with case

* Trial due to start on April 28

* Deutsche Bank says presumption of innocence applies (Adds court statement, background, shareholder quote)

By Jörn Poltz and Thomas Atkins

MUNICH/FRANKFURT, March 2 (Reuters) - Deutsche Bank co-CEO Juergen Fitschen faces a lengthy trial connected to the Kirch bankruptcy after a court agreed to hear the case in a blow to one of Germany's most powerful bankers and a setback for its largest bank.

The Munich district court on Monday decided to let the prosecution proceed with a trial of Fitschen and four former executives at the bank following months of deliberation.

While widely expected, the prospect of a lengthy trial adds to legal headaches facing Deutsche, which plans to unveil a new strategy as early as the end of this month.

A spokesman said it was Deutsche Bank's policy not to comment on ongoing litigation. "The presumption of innocence applies to all former and current management board members," he said.

The trial, scheduled to begin on April 28, will see Fitschen joined on the defendants' bench by former CEOs Josef Ackermann and Rolf Breuer and two former management board members, Clemens Boersig and Tessen von Heydebreck.   Continuación...