The FSA has fined Deutsche Bank AG over £6m for failing to observe proper standards of market conduc...
The FSA has fined Deutsche Bank AG over £6m for failing to observe proper standards of market conduct and failing to conduct its business with due skill, care and diligence. These breaches arose from two separate transactions conducted by Deutsche during March 2004 and the regulator has also fined David Maslen, Deutsche's former head of European Cash Trading, for his part in the situation.
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
