Deutsche Bank is under investigation by US regulators for potentially covering up crisis-era losses

December 6, 2012
December 6, 2012


A link from The Wall Street Journal

The SEC is investigating allegations that Deutsche Bank hid billions of dollars of paper losses during the financial crisis. Former employees say the bank overvalued a portfolio of derivatives to hide rapidly mounting losses in 2008. Deutsche Bank says the allegations “stem from people without personal knowledge of, or responsibility for, key facts and information.”

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