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Deutsche Bank Pays $190 Million for FX Rigging

Deutsche Bank Pays $190 Million for FX Rigging

Deutsche Bank will be paying $190 million for its role in rigging foreign exchange prices.  This is a preliminary settlement filing to a U.S. District Court, and is subjected to the approval of the judge.

” Deutsche Bank Will Pay $190 Million for FX Rigging “

Since the 2008 financial crisis, numerous banks had been accused of manipulating foreign exchange and interbank rates.

Source: Reuters

About Deutsche Bank

Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the Bank is continuously growing in North America, Asia and key emerging markets. With more than 78,000 employees in over 70 countries worldwide, Deutsche Bank offers unparalleled financial services throughout the world. The Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Visit: Deutsche Bank

 


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