liberty Bank is granted permission from the federal Department of commerce to continue having its affiliates serve retirement plans as a qualified asset manager , even if its subsidiary , Deutsche Securities Korea ( DSK ) and four employees are placed in the federal Central District Court for market price manipulation , where a one - day stock swap wiped $ 27bn in value from South Korea 's equity market .
Deutsche Bank is seeking permission from the US Department of Labor to continue having its affiliates serve retirement plans as a qualified asset manager, even if its subsidiary, Deutsche Securities Korea (DSK) and four employees are convicted in the Seoul Central District Court for market price manipulation, where a one-day stock rout wiped $27bn in value from South Korea's equity market.