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Markets » Libor

Rigging key interest rates: Deutsche Bank fined $2.5 billion
Libor

Rigging key interest rates: Deutsche Bank fined $2.5 billion

German banking giant Deutsche Bank will pay a record $2.5 billion for rigging interest rates in a multi-bank conspiracy that undermined global financial markets, US and British authorities said Thursday. "Deutsche Bank secretly conspired with its competit
Published 24 Apr, 2015 12:00am
Rigging key interest rates: Deutsche Bank fined $2.5 billion
Libor

Rigging key interest rates: Deutsche Bank fined $2.5 billion

German banking giant Deutsche Bank will pay a record $2.5 billion for rigging interest rates in a multi-bank conspiracy that undermined global financial markets, US and British authorities said Thursday. "Deutsche Bank secretly conspired with its competit
Published 24 Apr, 2015 12:00am
Rigging key interest rates: Deutsche Bank fined $2.5 billion
Libor

Rigging key interest rates: Deutsche Bank fined $2.5 billion

German banking giant Deutsche Bank will pay a record $2.5 billion for rigging interest rates in a multi-bank conspiracy that undermined global financial markets, US and British authorities said Thursday. "Deutsche Bank secretly conspired with its competit
Published 24 Apr, 2015 12:00am
Britain's watchdog criticises Deutsche Bank over Libor
Libor

Britain's watchdog criticises Deutsche Bank over Libor

Britain's financial regulator has harshly criticized Deutsche Bank's top management for failing to cooperate in its probe of the rigging of benchmark interest rate Libor, German magazine Der Spiegel said on Saturday. Britains Financial Conduct Authority (
Published 19 Apr, 2015 12:00am
Euro's woes
Libor

Euro's woes

The euro's slide against the dollar has ignited fears of a currency war, analysts maintain though some argue that countries are proactively intervening in the marketplace to weaken their currency with the objective of improving exports, while others aver
Published 12 Apr, 2015 12:00am