The World from Berlin 'A Costly Defeat for Deutsche Bank'

Germany's highest civil court has ruled that Deutsche Bank should have warned its customers of the risks of an exotic investment product it sold in the run-up to the financial crisis. The landmark ruling has huge implications for the banking industry and could unleash a wave of similar cases, with compensation possibly running into the hundreds of millions.
Deutsche Bank headquarters in Frankfurt.

Deutsche Bank headquarters in Frankfurt.

Foto: RALPH ORLOWSKI/ REUTERS
-- David Gordon Smith