The Aussie press this morning has some breaking news … from June …
- A Deutsche Bank foreign exchange trader has been sacked
- Is under investigation for inflating trades
- Said to be up to $5 million in losses
Its in the Australian Financial Review (gated): Deutsche fires rogue forex trader
Like I said, gated. if you can’t access it Business insider has some more here, ungated: Report: Deutsche Bank Sacked A Rogue Australian Forex Trader
I always prefer it when the headline reads, Rouge Trader, not Rogue Trader … makes it much more interesting I think.