Credit Suisse

Probing into the dark pools
4:40 pm
Tue July 29, 2014

NY AG investigates more investment banks

Investigators say UBS, Credit Suisse, and Deutsche Bank are being questioned.

Three more investment banks say they are being investigated in a widening probe by New York Attorney General Eric Schneiderman over allegations the banks give flash traders unfair advantage over regular investors.

Deutsche Bank, UBS, and Credit Suisse have regulators asking questions about who they allow to trade in their private stock exchanges. These so-called "dark pools" have grown rapidly in recent years as slower moving institutional investors seek protection from predatory flash traders.

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