Deutsche and Mercuria settle US$21mn Qingdao fraud claim | Global Trade Review (GTR)
Deutsche Bank and global commodities trader Mercuria have settled a US$21mn dispute stemming from the Qingdao metals scandal exposed in 2014, court documents show. Mercuria filed a claim against the German lender in London’s High Court in November 2019, seeking damages, interest and costs over a 2014 deal in which Mercuria paid the bank for ...
Source: gtreview.com