Skip to content
Subscriber Only

Deutsche Bank Said to Suspend Traders in Currency Probe

Deutsche Bank AG, the world’s biggest foreign-exchange dealer, suspended several currency traders for suspected attempts to rig rates, according to two people familiar with the matter.

One trader suspended by Deutsche Bank dealt in the Argentine peso and was based in the Americas, said one of the people, who asked not to be identified because they aren’t authorized to speak publicly on the matter. The bank is examining employees’ electronic communications using search terms negotiated with regulators late last year and will suspend or reinstate workers based on those findings, the person said.