Given its refusal to stay out of the news, we thought it was about time to turn our attention to Deutsche Bank. In an extended set of episodes we are going to examine in detail exactly what, in our opinion, went wrong and why.

Part one begins by examining the "mirror trade" affair in detail. We will bring to light previously unreported elements and also try and make sense of exactly what was the problem (HINT: It wasn't the mirror trades themselves).

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