Having been fined £6,363,643 in April by UK regulator the Financial Services Authority for failing to observe proper standards of market conduct and failing to conduct its business with due skill, care and diligence, Deutsche Bank must be keen to promote a spotless reputation in all aspects of its business.
As FSA managing director for wholesale business Hector Sants said when the fine was imposed, being aware of such issues is “fundamental to maintaining efficient, orderly and clean markets”.
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