Berenberg bank raided in Hapag-Lloyd insider trading probe
Berenberg's headquarters, a property company and two private addresses in Hamburg have been searched as part of an investigation into alleged insider trading in Hapag-Lloyd shares during TUI’s divestment in 2017. The bank itself is not being targeted.
Spokesman for Berenberg tells Lloyd’s List: ‘We are co-operating fully with the authorities and we fully believe that the suspicions will not be confirmed.’
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