Deutsche Börse Reaches €10.5m Settlement, Ending CEO Probe

[kreslik.news]

Deutsche Börse has moved for a resolution regarding the insider trading allegations relating to Carsten Kengeter’s role in share purchases extending back to 2015. Mr. Kengeter found himself facing pressure from German regulators after purchasing $4.85 million in Deutsche Börse shares at the onset of merger talks with the London Stock Exchange (LSE).

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The decision follows last month’s development, which grew to include not only Mr. Kengeter but all of the bourse’s leading management. While Deutsche Börse was hit with ... (read more)