Deutsche Bank sued by in Texas by investment firm over swap transaction

Deutsche Bank is accused in a Texas federal court of falsifying documents after discovering that a swap transaction was not going to work out the way the bank had hoped and improperly held almost $1m from Texas asset management firm, Sabal Limited.

By John Kennedy (March 25, 2016, 3:09 PM EDT) -- Deutsche Bank AG falsified documents after discovering that a swap transaction wasn't going to work out the way the bank would prefer and improperly held almost $1 million from a Texas asset management firm, according to a lawsuit filed by the firm in Texas federal court Thursday....

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