Deutsche Bank is suspected of fraud in the stock market of Korea

South Korean financial regulators suspended the division of Deutsche Bank in the country on suspicion of fraudulent securities. On it informs AFP. The investigation into the actions of the investment bank, which may be responsible for the collapse on the Seoul stock exchange on Nov. 11, 2010, was launched in early February. Recall on November 11 in the last 10 minutes of trading the main Korean stock index KOSPI fell by 48%. This day ended with a term options, and by the end of the session was followed by demands from foreign investors to sell securities to 2.6 billion dollars. Most of these orders went through Deutsche Bank. The threat of a recurrence of such cases, regulators in Seoul issued new rules designed to reduce volatility in the market. Deutsche Bank is a global commercial and investment bank, which employs more than 100,000 people in 74 countries. Its headquarters are in Frankfurt, and guide investment division - in London. The volume of bank assets at the end of 2010 exceeded 1.9 trillion euros. Materials: Lenta.Ru