Business & Finance

Deutsche Bank says cooperates with Italian authorities on bond sale investigation

Parvez Jabri Published May 6, 2016

FRANKFURT: Deutsche Bank said on Friday it is cooperating with authorities in Italy in an inquiry regarding the sale of Italian sovereign bonds in 2011.

"In 2011 we responded to a related inquiry made by (Italian market regulator) Consob, and we provided information and relevant documents at that time," Deutsche Bank said in a statement.

A source had told Reuters earlier on Friday that Deutsche Bank is under investigation over the sale of 7 billion euros ($7.99 billion) worth of Italian state debt.

Copyright Reuters, 2016

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USD PKR Interbank Selling / Apr 29	278.53
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Karachi Cotton PKR/37.32 KG / Apr 26	20535
Petrol/Litre / Apr 29	293.94
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Gold 10 Grams PKR / Apr 29	209105
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786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
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786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
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Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
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Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
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