Citi, Deutsche Bank, HSBC agree to pay $132 million to settle Libor claims
Banks use Libor to set rates on hundreds of trillions of dollars of credit card, mortgage, student loan and other transactions, and to determine the cost of borrowing from one another.
Oct 13, 2017, 07:00 AM ISTAnshu Jain joins Cantor Fitzgerald as President
Financial services company Cantor Fitzgerald LP has appointed Anshu Jain, the former co-chief executive of Deutsche Bank AG, as its president.
Jan 03, 2017, 10:38 AM ISTDeutsche Bank probes $6 billion suspected money laundering
Deutsche Bank AG is looking into possible money laundering transactions by some of its clients in Russia which could exceed $6 billion, a source familiar with the matter told Reuters on Friday.
Jun 06, 2015, 08:29 AM ISTDeutsche likely to pay more than $2 billion over Libor-rigging: Source
Deutsche Bank AG is likely to pay more than $2 billion to U.S. and U.K. authorities over the manipulation of a key interest rate benchmark, more than any other bank has been penalized over the rate rigging, a person familiar with the matter said.
Apr 23, 2015, 09:30 AM IST