Deutsche Bank bans chat too

MIRC Chat

Deutsche Bank barred multi-party chat rooms at its fixed-income and currency trading businesses as regulators investigated rate-rigging.

Bloomberg reports that the ban for employees working in fixed income took effect this week, Michael Golden, a spokesman for the company, said Wednesday. Similar measures were taken in foreign exchange in February, he said.

Regulators are targeting traders’ electronic messages, using them as evidence of wrongdoing in their investigations into the manipulation of benchmark interest rates and foreign-exchange markets.

To access the complete Bloomberg article hit the link below:

Deutsche Bank Bans Fixed Income Chat Rooms Amid Probes

Deutsche Bank to RBS Fined by EU for Rate Rigging

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