News In Brief

Ticker

Deutsche Bank hid billions in losses

06.12.12 @ 09:31

  1. By EUOBSERVER

Under the leadership of Josef Ackermann Deutsche Bank valued trades in a way that hid billions in losses during the financial crisis, the Financial Times reports. Three former employees have told US regulators of the transactions aimed to maintain the banks strong image. The bank flatly denies the allegations.

Stay in touch

Making sense of the EU. To make sure you don't miss out, we offer different options for staying in touch.

  1. RSS