Summary Collision happened early Tuesday in a car park near the Deutsche Bank office
HONG KONG (AFP) - A senior foreign banker was arrested in Hong Kong after his Ferrari was involved in a crash in a car park which killed a security guard, reports said Wednesday.
Police said the 48-year-old driver -- identified by the South China Morning Post as Robert Ebert, the head of equities for Asia Pacific at Deutsche Bank -- was arrested on "suspicion of dangerous driving causing death".
The paper said Ebert was later bailed without charge.
"When reaching the car park s entrance, the private car reportedly lost control and collided with another private car... It then hit... a 53-year-old man who was next to the water barriers," police said in a statement.
"Sustaining serious head and shoulder injuries, the 53-year-old man... was certified dead at 2pm," the statement said.
Police said the collision happened early Tuesday in a car park near the Deutsche Bank office in the city s International Commerce Centre tower. They identified the 48-year-old driver only as a foreign man named James.
Frankfurt-based Deutsche Bank declined comment on the incident.
The Post reported that the Ferrari had been bought for HK$4.5 million ($585,000) in 2013.
The front page of the Apple Daily newspaper showed police officers checking the wrecked black Ferrari, while a video on the newspaper s website showed the driver wearing a dark blue suit and avoiding reporters cameras.
