Firing Of Derivatives Trader Leads To Deutsche Bank CDS Probe

24 Jun 2011

The firing of Alex Bernand as one of Deutsche Bank’s top derivatives traders in late 2009 is said to have led to an investigation by the U.S. Securities and Exchange Commission into alleged improper valuation of some of the assets in its derivatives portfolio.

The firing of Alex Bernand as one of Deutsche Bank’s top derivatives traders in late 2009 is said to have led to an investigation by the U.S. Securities and Exchange Commission into alleged improper valuation of some of the assets in its derivatives portfolio. The revelation comes in ...

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