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Deutsche Bank Says Cooperating With Italian Authorities On Bond Sale Investigation

Source: thewillnigeria.com
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Deutsche Bank (DBKGn.DE) said on Friday it is cooperating with authorities in Italy in an inquiry regarding the sale of Italian sovereign bonds in 2011.

“In 2011 we responded to a related inquiry made by (Italian market regulator) Consob, and we provided information and relevant documents at that time,” Deutsche Bank said in a statement.

A source had told Reuters earlier on Friday that Deutsche Bank is under investigation over the sale of 7 billion euros ($7.99 billion) worth of Italian state debt.

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