U.S. Sues Ex-Deutsche Bank Head of Subprime Mortgage Trading
Financial times, Sept. 11, 2017–Jessica Dye (subscription)
A decade after the financial crisis, the US has filed a civil lawsuit accusing the former head of subprime trading at Deutsche Bank of misleading investors about the characteristics of loans backing more than $1bn worth of securitisations that resulted in hundreds of millions of dollars in investor losses.
