Deutsche Bank AG faced a claim from Sebastian
Holdings Inc., an investment fund that accuses bank in creating losses valued at
$2.5 bn via miscarried foreign-exchange transactions. Sebastian Holdings insists
that Deutsche Bank permitted a trader to break forex trading limits during
period 2006-2008. Losses for Sebastian took place when company had to close
positions and assemble margin calls. Deutsche Bank in its statement admitted only
unpaid margin call and announced that it will defend itself against other such claims.