Deutsche Bank Derivative Helped Monte Paschi Mask Losses

in 2013, Bloomberg, Mark Williams, Newsmakers, School of Management
January 17th, 2013

williams11-150x150Bloomberg
Mark Williams, School of Management

Deutsche Bank AG (DBK) designed a derivative for Banca Monte dei Paschi di Siena SpA at the height of the financial crisis that obscured losses at the world’s oldest lender before it sought a taxpayer bailout…

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