SUBSCRIBERS
Deutsche Bank close to US$1.5b deal in Libor case: sources
Published Fri, Apr 10, 2015 · 09:50 PM
New York
DEUTSCHE Bank is close to resolving a multi-year probe by US and UK authorities into interest rate manipulation, with a UK subsidiary expected to plead guilty, according to two people.
Germany's biggest bank will probably finalise a settlement this month, the people said. The unit expected to plead is Deutsche Bank Group Services, one of the people said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Japan’s yen up sharply after hitting 34-year low against the dollar
China’s Bank of Communications Q1 profit rises 1.44%
HSBC’s private bank shuts independent asset management business in HK, Singapore
Nomura Q4 net profit jumps almost eight-fold on retail income surge
Rescue pup to meme star: the real-life ‘Dogecoin’ dog
Money laundering accused Zhang Ruijin slapped with 5 more charges days before scheduled guilty plea