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Deutsche Bank faces Korea probe

Regulators are stepping up monitoring and supervision of South Korea's derivatives market

The South Korean government will send officials to Hong Kong to investigate whether the Deutsche Bank securities unit there was involved in the heavy selling of Korean stocks last month, a senior official said yesterday.

Financial Supervisory Service governor Kim Jong-chang told reporters on the sidelines of a conference that the financial authority will send the officials to look into the heavy stock selling that occurred November 11.

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