Korea Slaps Deutsche Bank With Six-Month Derivatives Ban

South Korea’s Financial Services Commission has banned Deutsche Bank from trading derivatives and proprietary stock for six months, as the regulator laid blame on the German bank for triggering a USD26 billion plunge in stock market value last November, reports Bloomberg.

South Korea’s Financial Services Commission has banned Deutsche Bank from trading derivatives and proprietary stock for six months, as the regulator laid blame on the German bank for triggering a USD26 billion plunge in stock market value last November. The FSC is also planning to ask prosecutors to investigate five employees of the bank for their role in the market distortion.

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