Former UBS trader Tom Hayes has been found guilty of rigging global interest rates by a London court. The 35-year-old has been sentenced to jail in the first ever trial of an individual for Libor […]
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Tag: LIBOR
Deutsche Bank CEO To Stand Trial For Purgery
Corruption starts at the top and in the case of Deutsche Bank it appears to have gone all the way to the very top. CEO Juergen Fitschen is one of five defendants in a trial […]
Another Day Another Bank Scandal – Deutsche Bank Fined $2.5 Billion
Americans should be outraged today as The New York Department for Financial Services announced that Deutsche Bank will pay a $2.5 billion fine “in connection with the manipulation of the benchmark interest rates, including the […]