The Financial Conduct Authority (FCA) has fined Deutsche Bank £163m for failing to prevent 'Russian mirroring' trades between 2012 and 2015.
The FCA said this was the largest fine for anti-money laundering (AML) controls failings ever imposed by it or its predecessor, the Financial Services Authority. In addition, the bank agreed to pay...
Bought plans in 1988 and 1989
To be added to model portfolio service
Launched 25 September