deutsche bank accidentally sent client 6bn
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Deutsche Bank accidentally sent client $6bn

Arab Today, arab today

Arab Today, arab today Deutsche Bank accidentally sent client $6bn

Deutsche Bank
London - AFP

Germany's biggest lender Deutsche Bank accidentally sent $6 billion to a client after entering the wrong numbers, Bloomberg News reported on Monday.

A junior member of the investment bank's foreign exchange sales team made the error in June, Bloomberg reported, citing a person briefed on the situation.

The $6 billion was sent to a US hedge fund client and recovered one day later, and occurred after the employee used a "gross figure, rather than a net figure", according to the report.

The incident follows a series of scandals at the Frankfurt-based bank, which launched a major business and management shake-up this weekend.

Its two co-chief executives Anshu Jain and Juergen Fitschen resigned in June over missed profit targets and missteps, and were replaced by new co-CEO John Cryan.

The bank is mired in roughly 6,000 legal cases and received a record $2.5 billion fine in May for its role in rigging interest rates.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

deutsche bank accidentally sent client 6bn deutsche bank accidentally sent client 6bn

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

deutsche bank accidentally sent client 6bn deutsche bank accidentally sent client 6bn

 



GMT 03:59 2012 Tuesday ,27 March

Wafaa Amer: Port Said events frustrate me

GMT 13:51 2016 Tuesday ,05 January

France begins 1-year commemorations

GMT 04:07 2017 Tuesday ,04 July

Chinese Navy ships in Oman on goodwill visit

GMT 08:40 2017 Friday ,06 October

Erdogan says Turkey will 'soon' close borders

GMT 06:10 2018 Wednesday ,24 January

Bahraini-Jordanian solar energy cooperation discussed

GMT 19:30 2017 Friday ,08 December

Princess Sabeeka receives UN Women executive director

GMT 16:50 2017 Wednesday ,26 April

Nina Olson cooks live at “Expo” Sharjah

GMT 17:10 2017 Thursday ,02 November

Hoora Health Centre expansion project inaugurated

GMT 09:27 2016 Wednesday ,30 November

President, VP & bin Zayed congratulate Albanian President

GMT 02:43 2017 Saturday ,11 March

Shaikh Hamdan's Instagram followers reach 5m

GMT 12:28 2016 Monday ,21 November

Coldplay charms India in anti-poverty concert
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday