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Deutsche Bank continued to push risky derivatives years after probe found mis-selling

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Internal investigation from 2019 uncovered rule-breaking and lax controls in sales of products to Spanish SMEs.

13 September, 2023 by Olaf Storbeck in Frankfurt

Deutsche Bank continued to sell risky foreign exchange derivatives to companies in Spain that had suffered big losses from such products even after an internal inquiry found long-standing mis-selling.

An internal probe that began in 2019 after a whistleblower complaint found that staff exploited

The

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