Germany: Deutsche Bank fined $2.5 billion over rate rigging

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Deutsche Bank has been fined $2.5 billion over rate rigging.  The fine follows a seven year investigation in which the Bank, Germany’s largest lender was accused of obstructing regulators and rigging rates. The bank was also ordered to sack seven of its top employees. http://www.reuters.com/article/2015/04/23/us-deutschebank-libor-settlement-idUSKBN0NE12U20150423

wo thirds of the population. Ngo was found guilty and is awaiting sentencing next month.  http://www.theatlantic.com/magazine/archive/2015/05/bank-of-the-underworld/389555/

 

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