Deutsche Bank alleged to have hid $12B in losses, FT reports Complaints made to the SEC by three former Deutsche Bank (DB) employees allege that the bank hid $12B in paper losses to avoid a government bailout, according to a Financial Times report. The report cites a statement from Deutsche that says the allegations are more than 30 months old and were made public in June 2011, adding that the bank will "continue to cooperate fully with the SEC's investigation of this matter." Reference Link
News For DB From The Last 14 Days
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