Deutsche Bank Pays $2.5 Billion Fine For Interest Rate Rigging

http://www.corpwatch.org/article.php?id=16023
Date Written:  2015-04-27
Publisher:  CorpWatch
Year Published:  2015
Resource Type:  Article
Cx Number:  CX17467

Deutsche Bank has agreed to pay out $2.5 billion fine to settle U.K. and U.S. government investigations into allegations of fixing global interest rates, months after 6 other banks paid out $4.3 billion on similar charges. Activists say that the banks should have faced criminal charges.

Subject Headings

• Banking Industry
• Corporate Crime
• Interest Rates
• Price-fixing