Exclusive: Deutsche Bank’s own Libor probe clears board – sources

Posted by on Jul 24th, 2012 and filed under Featured. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Exclusive: Deutsche Bank’s own Libor probe clears board – sources

A visitor walks past the bank's logo prior to Deutsche Bank's annual news conference in FrankfurtFRANKFURT (Reuters) – A Deutsche Bank internal probe has found that two of its former traders may have been involved in colluding to manipulate global benchmark interest rates but there was no indication of failure at the top of the organization, three people close to the investigation said. The preliminary conclusion contrasts with Barclays, which last month reached a $ 450 million settlement with U.S. and UK regulators over its involvement in alleged manipulation of the London interbank offered rate (Libor). …


Exclusive: Deutsche Bank’s own Libor probe clears board – sources FRANKFURT (Reuters) – A Deutsche Bank internal probe has found that two of its former traders may have been involved in colluding to manipulate global benchmark interest rates but there was no indication of failure at the top of the organization, three people close to [...]

Leave a Reply

  • Copyright 2011, www.FinancialSurvivalNews.com