Deutsche Not 'Forthcoming With E-mails' ?

The Times reports that Deutsche bank has been accused of witholding e-mails from US regulators investigating claims of biased stock research practices.

The German bank is one of 12 firms currently being investigated by US regulators in connection with a conflict-of-interest probe. Investigators are examining hundreds of thousands of documents provided by the firms, including several thousand e-mails. The newspaper quotes an unnamed source who is said to be 'close to the investigation' who claims that Deutsche has not been 'as forthcoming with e-mails as they might'.

It is believed that investigators have established that there are gaps in e-mail exchanges between certain key analysts which appear to deal with potential conflict issues.

Deutsche Bank has not commented on the story.

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