Ex-Deutsche Bank Trader Zhou Admitted to Mismarking CMBS Trades

  • Zhou resigned after disclosing his actions, Finra records show
  • Bank probe into Zhou's conduct is ongoing, according to filing

Former Deutsche Bank AG trader Arnie Zhou admitted to his supervisor at the bank that he was responsible for inaccurate valuations tied to bonds backed by commercial mortgages, according to a regulatory filing.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.