Deutsche Bank Takes Out Full-Page Ad To Apologize For Its Market-Rigging Misconduct

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zerohedge.com / by Tyler Durden / Feb 5, 2017 2:18 PM

Deutsche Bank took out full-page ads in Germany’s Frankfurter Allgemeine Zeitung and Sueddeutsche Zeitung on Saturday, in which the country’s biggest lender apologized for (getting caught) engaging in market manipulation and misconduct that has cost the company billions. In the ad, signed by CEO John Cryan on behalf of the bank’s top management,the bank said its past conduct “not only cost us money, but also our reputation and trust.

The ad said “we in the management committee and bank leadership as a whole will do everything in our power to keep such cases from happening again.”

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