Joerg Vogt, a former trading executive at Deutsche Bank, has sued the U.K. financial regulator for indirectly identifying him in its Libor settlement with the bank, a person with knowledge of the case said.
He said the FCA gave enough details about him in a report accompanying its $351m settlement with Deutsche Bank that he could be identified, said the person, who asked not to be named because the details aren’t public.
Vogt’s claim is the latest in a wave of suits from traders over improper identification in bank penalty notices. The agency lost a landmark appeal on the issue last month when a judge found it failed to properly anonymize Achilles Macris, the former JPMorgan manager of the London Whale trader, in a settlement report.
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