Deutsche Bank Slides After Mortgage Probe Unveiled; Admission It Rigged Stocks
by Tyler Durden
ZeroHedge.com
05/23/2016
A month after admitting to rigging precious metals markets, Deutsche Bank has been hit with a double-whammy of more alleged fraudulent behavior today and the stock is sliding. First, Reuters reports that the bank took a charge of 450 million euros for “equity trading fraud,” and then Bloomberg reports that The SEC is looking into Deutsche’s post-crisis mortgage positions.
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