Deutsche Bank hit with spoofing fine by US Justice Department
Deutsche Welle, 29 January 2018
US authorities have fined Deutsche Bank and two other European finance institutions for manipulating markets. Germany warned its best-known bank not to overdo bonuses — it’d be bad for its already soured image.
US authorities fined Deutsche Bank and two other banks for market manipulation on Monday. The banks were accused of manipulating futures markets in precious metals through a process known as “spoofing,” the US Justice Department and Commodity Futures Trading Commission (CFTC) announced.
Illegal manipulation
