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  • Gaël Saillen
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18 janvier 2006, 0h00
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Deutsche Bank is to disown comments attributed to anonymous executives that occasional losses are a price worth paying for excelling in derivatives trading. That is the right thing to do. The comments were made to the Financial Times after the German bank dismissed a trader allegedly for overstating his position by £30m. It is not clear whether the overstatement was deliberate. But either way, the comments send the wrong signal to the bank’s staff. One interpretation could be that Deutsche’s to...
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