Deutsche Bank close to US$1.5b deal in Libor case: sources
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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.
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