Two members of the board at Germany's KfW Bank for Reconstruction have been suspended pending an investigation into losses incurred by the bankruptcy of the US investment bank Lehman Brothers.
A department head at the bank has also lost his job. The moves were announced after revelations that the bank lost more than half a billion euros from the Lehman bankruptcy. 350 million of that amount come from an inadvertant transfer of funds to Lehman Brothers shortly before it went bankrupt - 50 million more than originally reported. Another 186 million euros were lost by KfW in other transactions with Lehman.
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