Deutsche Bank denies knowledge of Forex as far back as 2006

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Deutsche Bank denied a German newspaper report on Friday that claimed a senior bank official knew of alleged currency market manipulation efforts as far back as 2006.

Reuters reports that the Frankfurter Allgemeine Zeitung reported on its website that a senior Deutsche currency trader attended meetings with officials from Bank of England eight years ago where currency trading irregularities were discussed.

Details of those meetings were first brought to light on Wednesday in a Reuters report.

The so-called currency fixings that are at the centre of a global investigation into allegations of manipulation by traders are used to price trillions of dollars worth of investments and deals and relied upon by companies, investors and central banks.

To access the complete Reuters article hit the link below:

Deutsche Bank denies it knew of forex woes since 2006

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