Deutsche Bank agrees to ₹251 cr penalty for duping clients
German lender Deutsche Bank agreed to pay $37 million (over ₹251 crore) and admitted to misleading customers about its dark pool stock-trading platforms. It deceived clients over two years into thinking their trades were routed to the highest-ranked execution quality pool, which wasn't the case, an official said. “[S]elf-serving statements that defraud investors will not be tolerated,” he added.