Big Bank ‘Crime of the Century’ Results in Guess What? No Jail Time for Anyone
Published on Friday, April 24, 2015 by Common Dreams by Deirdre Fulton, staff writer While...
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Tag: Deutsche Bank
EU fines eight banks record 1.7 bn euros for rate fixing
The European Union fined eight finance groups a record 1.7 billion euros ($2.3 billion) on Wednesday for rigging the Euribor and Japanese yen Tibor interest rates.
Read MoreFannie Mae sues 9 giant banks over Libor losses
Fannie Mae Thursday sued nine giant banks plus the British Bankers Association over some $800 million in losses due to rate-rigging manipulation
Read MoreYet Another Bank Fined for a Magnetar Deal, With Yet More Revealing Emails
A Massachusetts financial regulator fined Deutsche Bank $17.5 million Wednesday, saying that the bank did not disclose the role of a securities unit or Magnetar in structuring one such deal – a collateralized debt obligation known as Carina CDO Ltd
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