Argentina Probes Deutsche Bank’s Dismissal of Trader

Argentina’s central bank is investigating the dismissal of a Deutsche Bank AG currency trader to determine whether it was linked to a warehouse fire that destroyed industry documents this week in Buenos Aires.

The probe is part of a broader review of importers and exporters the central bank suspects may be withholding foreign currency overseas, Cabinet Chief Jorge Capitanich said today at a press conference in Buenos Aires. Argentine President Cristina Fernandez de Kirchner ordered the investigation into the Feb. 5 blaze at an Iron Mountain Inc. warehouse after an employee said fire precautions had been scaled back, Capitanich said. The fire, which killed nine people, destroyed files belonging to companies in industries from banking to telecommunications to energy, he said.