Deutsche Bank Investigated Over Italy Bond Sale
Posted: Thu May 05, 2016 11:35 am
Deutsche Bank is facing criminal investigations in Italy for alleged market manipulation relating to its mass sell-off of Italian government bonds in 2011, according to sources. The German lender also made the headlines recently in April, as it emerged that it was due to be presented with the final bill for LIBOR manipulation charges of at least 1.5 billion euros ($1.7 billion).
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Prosecutors are reported to be questioning five people in connection with the case, including ... (read more)