Deutsche Bank suspends currency traders

Deutsche Bank - External

Deutsche Bank has suspended several currency traders in New York in an internal probe that forms part of an international investigation into alleged manipulation of the global currency markets, a source familiar with the matter said on Wednesday.

Reuters reports that multiple traders in New York and possibly elsewhere in the Americas are affected after investigations into 'communications across a number of currencies,' the source said.

The source didn't say how many traders had been suspended or what currencies they traded.

'Deutsche Bank has received requests for information from regulatory authorities that are investigating trading in the foreign exchange market,' it said in a statement. 'The Bank is cooperating with those investigations, and will take disciplinary action with regards to individuals if merited.'

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Deutsche Bank suspends FX traders in New York

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