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Ex-Deutsche trading head hit by second scandal

The French market regulator has named Deutsche Bank's former director of European trading, who was fined last year for his part in a share-buying scandal, in its report detailing why it fined the bank and hedge fund GLG a total of €1.5m ($1.9m).

The report by France's Autorité des Marchés Financiers explains the reasoning behind fines relating to a convertible bond sold by French telecoms firm Alcatel in 2002.

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