German authorities said Thursday that a letter bomb addressed to Deutsche Bank chief Josef Ackermann contained a fully functional bomb, capable of exploding had it not been intercepted in the bank's mailroom.
The bomb was intercepted after a routine X-ray screening on Wednesday in the mailroom of the bank's Frankfurt headquarters, prosecutors and police from Hesse state said in a joint statement.
"Specialists from the Hesse Criminal Office working together with Frankfurt police have successfully deactivated the bomb," the statement said.
The authorities refused to give any further details on the matter, citing an ongoing investigation.
Deutsche Bank spokesman Klaus Winker said the bank alerted police immediately after the package came to the attention of mailroom workers during a routine screening.
The New York Police Department said it had been alerted to the scare late Wednesday, causing the department to dispatch patrols to the bank's offices in the city "solely as a precaution."
NYPD spokesman Paul Browne said the return address on the letter was the European Central Bank _ the governing body for the 17-nation common European currency, which has its headquarters just across the park from Deutsche Bank in downtown Frankfurt.
The Swiss-born Ackermann, 63, was awarded a negative prize by an anti-lobby group on Wednesday for allegedly cutting deals with German Chancellor Angela Merkel regarding efforts earlier this year to save Greece from bankruptcy.
Deutsche Bank rejected the charges.