Klaus Zumwinkel is leaving the board of US bank Morgan Stanley, a move that comes two weeks after he resigned as chairman of Deutsche Telekom and chief executive of Deutsche Post over allegations of tax evasion.

Financial News reported on Monday that his role as a non-executive director of Morgan Stanley had come under the spotlight due to the allegations.

Shanny Basar

Morgan Stanley

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Zumwinkel to leave  Morgan Stanley board

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