Post

Rate Scandal: Deutsche Bank's First Big Fine Won't Be Its Last


Deutsche Bank has vowed not to repeat the misconduct that led to Wednesday's fine.

The statement had already been prepared: "We are attaching the highest institutional importance to ensuring that this type of misconduct does not happen again," the chief executives of Deutsche Bank, Anshu Jain and Jürgen Fitschen, said in a statement shortly before midday on Wednesday. Minutes earlier, the European Commission in Brussels had slapped record fines totaling €1.7 billion ($2.3 billion) on six international banks. Deutsche Bank's share was the biggest by far at €725 million.

http://www.c.de/international/business/deutsche-bank-ordered-to-pay-big-fine-in-rate-fixing-scandal-a-937260.html

Subprime mortgages, currency tricks, interest rate fixing: Wherever supervisory authorities have probed crooked deals of the past, Deutsche Bank comes up. Now Germany's biggest bank has had to pay its first big fine. It won't be the last.



Euroland | EP2014 | transcontinental | transeuropean

. Presseschau auf Deutsch
. Revista de Prensa en Español
Posts of the day
Sauvez l’économie européenne… arrêtez les sanctions ! Maintenant ! 01/08/2015
The 15 diseases of the Eurocrats 12/26/2014
BRICS-EU-CIS Cooperation: problems and challenges 11/09/2014
La chef de la diplomatie de l'UE veut un État palestinien ayant Jérusalem-Est pour capitale 11/09/2014
Special issue - 9. Nov. 2014: Sur qui vont tomber les briques du Mur de Berlin ? 11/09/2014
25 Years Later, Another Wall Is Rising Between the West and Russia 11/09/2014
25 Years Later, Another Wall Is Rising Between the West and Russia 11/09/2014
Le traité transatlantique va réorganiser le commerce mondial au profit des Etats-Unis 11/09/2014
Xi Jinping et Poutine, duo de choc du sommet Asie-Pacifique 11/09/2014
Un premier réacteur nucléaire japonais redémarre 11/09/2014
Israël: «Une nouvelle Intifada a déjà commencé» 11/09/2014
Obama authorises plans to double number of US troops in Iraq 11/09/2014
Sobre la finlandización de Ucrania 11/09/2014
Leaders of BRICS countries to hold negotiations before G20 summit 11/09/2014
Partenariat transatlantique : vers un renouveau des négociations 11/07/2014
It’s now total war against the BRICS 11/07/2014
Terror laws clear Senate, enabling entire Australian web to be monitored and whistleblowers to be jailed 11/07/2014
Newropeans 16 proposals: Vision 2020: Reinventing Europe, 2005-2020 (Background) 11/07/2014
#TTIP #Juncker #EULEX #Lobying #Kosovo #FranckBiancheri #Newropeans 11/07/2014
Avoiding Western networks 11/04/2014
Stay tuned, subscribe to our weekly newsletter / Restez informés, abonnez vous à notre newsletter hebdomadaire. Click here:
-> Newsletter...
http://www.newropeans-magazine.info/
Follow us
Facebook
Twitter
Newropeans
@newropeans2014
Members' area | Powered by WM
index.php
This website is proudly part of Newropeans Network
Licence Creative Commons
The links to the articles and material don't give right for reposting, republishing their content. Please refer to the copyright of each author that applied to these materials and to the sources. Except where otherwise noted, content on this site is licensed under a Creative Commons Licence Creative Commons Attribution - No Commercial use 4.0 International.