Deutsche Bank said in focus of treasury probe

Deutsche Bank

Investigators probing the $13 trillion market for US Treasurys are zeroing in on a second Wall Street bank, The New Post has learned.

The New York Post reports that Deutsche Bank, led by co-CEO John Cryan, has emerged as a focus of the probe into whether traders rigged auctions for government debt, according to sources.

No bank has been accused of wrongdoing, but investigators are narrowing their focus after requesting documents and communications from all of the 22 primary dealers in Treasurys.

That group includes the biggest Wall Street banks and their counterparts in Europe and Asia.

Goldman Sachs, led by Chief Executive Lloyd Blankfein, revealed in a regulatory filing in November that regulators were looking into its role in government debt auctions.

To access the complete New York Post article hit the link below:

Deutsche Bank eyed in Treasury rigging probe

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