Thursday 23 April 2015

Deutsche Bank in record $2.5bn fine over interest rate manipulation - BBC News

Deutsche Bank in record $2.5bn fine over interest rate manipulation - BBC News:



"Deutsche Bank has been fined $2.5bn (£1.66bn) by US and UK regulators for trying to manipulate interest rates.



The German bank has been fined $2.1bn by US regulators, and £227m by the UK's Financial Conduct Authority.



The fine relates to manipulation of the Libor and Euribor inter-bank rates."



'via Blog this'

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