Deutsche Bank to pay $2.5B for interest rate violations

Deutsche Bank has agreed to pay $2.5 billion in a settlement with U.S. and British authorities over the manipulation of benchmark interest rates used globally for its own financial gain. The U.S. Justice Department said Thursday that the subsidiary DB Group Services UK Limited has agreed to plead guilty to wire fraud. Deutsche Bank has fired "numerous" ...

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Deutsche Bank to pay $2.5B for interest rate violations

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