Deutsche continues internal Libor review

Deutsche Bank - Foyer Bridge

Deutsche Bank said an internal investigation into its senior management’s role in the interest-rate rigging Libor scandal is still going on.

Bloomberg reports that the review is examining the actions of past and present members of the management board, spokeswoman Regina Schueller said in an e-mailed response to questions from Bloomberg News. Three external law firms are involved in the review.

Deutsche Bank was among six firms fined a record $2.32bn last month by the European Union amid a global investigation into whether banks colluded to rig benchmark interest rates such as the London interbank offered rate.

To access the complete Bloomberg article hit the link below:

Deutsche Bank Says Management Review of Libor Scandal Continues

Federal Reserve Said to Probe Banks Over Forex Fixing

JefferiesAnd the Best Place to Work in the global financial markets 2018 is...

Register for HITC Business News