FRANKFURT, April 4 German regulators Bafin and
Bundesbank are conducting an in-depth probe of Deutsche Bank
AG's accounts over allegations the lender failed to
correctly value a derivatives portfolio, two people familiar
with the matter said on Thursday.
They said Germany's central bank was is reacting to
allegations that Deutsche Bank misvalued credit derivatives,
allowing the bank to hide up to $12 billion in losses.
Deutsche Bank, which has said these allegations were
unfounded, declined to comment.
The Bundesbank said it could not provide information on
measures that affect individual institutions.
"Generally, you can assume that we pursue any allegations
that are made, to assess their validity," a Bundesbank
(Reporting By Alexander Huebner and Kathrin Jones; writing by