CNMV To Discipline Deutsche Bank
Posted on 01/11/2024
The Executive Committee of the Spanish National Securities Market Commission (CNMV) is beginning “disciplinary proceedings” against Deutsche Bank for advisory services provided to Spanish clients. CNMV says Deutsche provides “highly complex and high-risk financial derivative instruments on currencies” CNMV took issue with the Target Profit Forwards and Pivot TPF, “a conduct which may constitute a…
