Deutsche Bank confiscates 20 tons of Venezuelan gold after default on swap agreement

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Deutsche Bank confiscates 20 tons of Venezuelan gold after default on swap agreement

Posted by The Analyst | June 5, 2019 | Business
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Germany’s biggest lender, Deutsche Bank, has taken control of 20 tons of gold belonging to Venezuela as collateral after Caracas defaulted on a gold swap agreement valued at US$750 million.
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