Attempting to avoid a bailout during the financial crisis, Deutsche Bank (DB) - with knowledge...

|About: Deutsche Bank AG (DB)|By:, SA News Editor

Attempting to avoid a bailout during the financial crisis, Deutsche Bank (DB) - with knowledge of senior executives - hid about $12B in losses on a massive derivatives trade, according to three former employees. The complaints - made to regulators including the SEC - were all made independently of each other over the past two years. Deutsche says the allegations are old news and an investigation has found them to be "wholly unfounded." Shares -3.5% AH.