Deutsche Bank Didn’t Archive Chats Used by Some Employees Tied to Libor Probe

WSJ (sub. req.):

A month after reaching a $2.5 billion settlement over interest rate rigging, Deutsche Bank AG told regulators its disclosures may have been incomplete because it accidentally failed to archive electronic chats involving its employees, people familiar with the matter said.

The bank is working to recover the records from its systems but might have permanently lost an unknown number of chats dating back to 2005, the people said.

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