Deutsche Bank Probing “Misstated” Derivative Valuations After Finding “Divergences”

Wednesday, October 26, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Oct 26, 2016

Deutsche Bank is probing whether it misstated the value of derivatives in its interest-rate trading business, and is sharing its findings with U.S. authorities. The reason for the probe is that, as has been a recurring case with many of its peers of the last few years, the bank found valuations that “diverged from internal models” at which point it began questioning traders.

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