Deutsche Bank is to be sued by a group of lawyers in a British court , who accuse the bank of selling high - speed computing software to profit in forex markets at the expense of their customers . Reports suggest that the lawsuit will be filed later this year on behalf of companies , investors , and even some central banks that are in the business of buying and selling software . The lawsuit will mirror a similar one filed in New York last month by the same group of lawyers . Deutsche Bank has said that it opposes the allegations and will fight the claim .
Deutsche Bank is to be sued by a group of lawyers in a British court, who accuse the bank of using high-speed trading software to profit in forex markets at the expense of their customers. Reports suggest that the lawsuit will be filed later this year on behalf of companies, investors, and even some central banks that are in the business of buying and selling currencies. The lawsuit will mirror a similar one filed in New York last month by the same group of lawyers. Deutsche Bank has said that it opposes the allegations and will fight the claim.