Deutsche Bank in regulator’s crosshairs
European Central Bank mulls probe into bank’'s trade in risky debt without approval
19 September 2019 - 17:45
For the umpteenth time, Deutsche Bank is ensnared in an alleged regulatory blunder. Except this time, the stakes are greater than its own integrity: confidence in its regulator, the European Central Bank (ECB), is on the line too.
The ECB is considering whether to probe Germany’s biggest bank for trading in its riskiest debt without the regulator’s approval, according to the German newspaper Sueddeutsche Zeitung...
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