SEOUL, March 9 (Reuters) - Deutsche Bank's local brokerage unit will likely lose 11.2 billion won ($10 million) in business during a six-month penalty suspension imposed on some operations, the German investment bank said on Wednesday.
South Korea's top financial regulator last month decided to suspend Deutsche's operations including derivatives trades and some proprietary deals after ruling that the bank manipulated the stock market and prompted a market slide on Nov 11.
The suspension will take effect from April 1 to Sept 30.
The estimated loss would account for about 9 percent of its latest reported annual operating income of 120.45 billion won for fiscal 2009.
(Reporting by Jungyoun Park; Editing by Ken Wills)