In these financially troubled times, bankers tend not to score too highly on the scale of public admiration, with their bonuses, bailouts and bad loans. But today details emerged of a woman who may confound the popular view that everyone in the industry is in it for themselves.
The 62-year-old branch head of one German bank was hailed as a hero after she confessed to transferring money from rich customers to help her poorer clients. Already, she has been dubbed “Die Robin Hood Bankerin”.
She didn’t transfer any money to her own accounts, so the court only gave her a 22 months suspended sentence, instead of 4 years in prison. She transfered around £7m from wealthy to over-drafted accounts.