business
Deutsche Bank denies training former trader in market manipulation
Key takeaways
- James Vorley, who previously worked in London as a commodities trader for the bank, has brought a £12m ($16.2m) case in the High Court in London.
- He says he was directed by more senior employees to trade in a way that later left him exposed to criminal action in the US.
- In 2020, a federal court in Illinois found him guilty of wire fraud.
Deutsche Bank denies training former trader in market manipulation Vidhya Edwards Munnangi Wed, May 6, 2026 at 6:49 PM GMT+7 3 min read DB SI=F Deutsche Bank has denied allegations that it trained employees to engage in market manipulation, after a former trader convicted of fraud accused the lender of teaching him an illegal trading strategy.
James Vorley, who previously worked in London as a commodities trader for the bank, has brought a £12m ($16.2m) case in the High Court in London.
He says he was directed by more senior employees to trade in a way that later left him exposed to criminal action in the US.
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