, Columnist
Deutsche Boerse Leaves a Bad Taste
Deutsche Boerse has reached a deal, at shareholders' expense.
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Another day, another financial firm accepts a fine while protesting it has done nothing wrong.
Deutsche Boerse AG has strenuously denied allegations CEO Carsten Kengeter dabbled in insider trading and the company breached disclosure rules when he purchased shares in the exchange not long before it revealed it was in talks to merge with London Stock Exchange Group Plc last year. Kengeter, too, has said the allegations will be shown to be unfounded.