Deutsche Bank reveals role in providing 9/11 liquidity

Reuther, a keynote speaker at FX Week sister magazine Risk's Asset/ Liability & Risk Management conference in Paris on October 17, told how he, together with Deutsche Bank's group treasurer Detlef Bindert, approached the central banks with the idea on the morning of Wednesday, September 12.

At that point, it had become clear that the New York clearing operations of the Fed had been severely disrupted, especially by the near-closure of the Bank of New York's clearing operations.

US dollars were

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