20-05-2016 15:34 via news.yahoo.com

Deutsche Bank investigates deal that may have profited staff

FRANKFURT (Reuters) - Deutsche Bank is investigating staff involvement in a transaction suspected of causing a conflict of interest and has suspended bonus payments of the staff while the probe is ongoing, the bank said on Friday. The Wall Street Journal reported on Thursday that six current and former employees had made about $37 million by chipping in their own money to trades between Deutsche Bank and a hedge fund in 2009 that were meant to remove some of the risk the bank had taken on f
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