October 20, 2015 BY Maria Nikolova
Forex error leads to Deutsche Bank sending $6bn to hedge fund client
An incident with many zeroes at the London-based Forex desk of Deutsche Bank AG (FRA:DBK) has added to concerns about risk and operational controls at the investment giant. According to a report by the Financial Times, the bank paid whooping $6 billion to a hedge fund client by mistake in June 2015. People familiar with…
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