Deutsche Bank pays €175m to settle case with Dutch affordable housing provider
Stichting Vestia says Deutsche Bank was was responsible for bribery over derivatives trades
12 July 2019 - 16:24
London — Deutsche Bank settled a lawsuit from a Dutch affordable-housing provider that said the lender was responsible for bribery over derivatives trades.
The bank paid €175m to settle the case with no admission of liability, it said on Friday in a statement. The deal brings an end to a long-running court battle that had featured testimony from a middleman who hass confessed to bribery, and tales of expensive sushi, “bubbly” wine and meals at a Michelin-starred restaurant...
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