Deutsche Bank Fined Almost $10 Million
Deutsche Bank was fined almost $10 million. DB was fined for not taking enough control over data submissions which helps set European interest-rate benchmarks.
Deutsche Bank was fined almost $10 million. DB was fined for not taking enough control over data submissions which helps set European interest-rate benchmarks.
The Justice Department has warned the Deutsche Bank that it may have violated a criminal settlement and could face prosecution or fines.
10/21/2021-A whistle-blower, who helped the U.S. & U.K. get the evidence against Deutsche Bank, collected the $200 million. Regulators were investigating the bank’s manipulation of global interest rate benchmarks.