Deutsche’s ‘fat finger’

Talk about trimming the balance sheet. Deutsche Bank admitted on Monday that a junior FX trader accidentally wired $6 billion to a hedge fund over the summer in a “fat finger” trade — just one day after the firm announced major management changes that break up the investment bank.

The hedge fund, which wasn’t named, returned the windfall the next day, the Financial Times first reported.

John Cryan, chief executive since June, has been on a crusade to slim ranks and heighten accountability at the bank.

Kevin Dugan