Deutsche trader dismissed

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Deutsche Bank dismissed credit trader Anshul Rustagi in January following an investigation into a £30 million overstatement sitting on his book. The German banking giant only picked up on the discrepancy in the third week of December while Rustagi was away on holiday – more than a month after the shortfall started accumulating.

Known as 'Rusty' to his colleagues and invariably described as a "young high flyer", Rustagi traded collateralised debt obligations (CDOs) for the German bank's credit

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