Deutsche Bank to RBS Fined by EU for Rate Rigging – Bloomberg – bank interest – Google News

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Banks fined record €1.7bn over benchmark interest rate… December 4, 2013 Banks fined record €1.7bn over benchmark interest rate rigging cartel – The Guardianbank interest – Google NewsJill Treanor

Deutsche Bank Fined for Rate Rigging as EU Tops Record –… December 4, 2013 Krisztian Bocsi/Bloomberg The Deutsche Bank headquarters in Frankfurt, Germany. Deutsche Bank AG and Royal Bank of Scotland Group Plc are among six companies fined a record 1.7 billion euros ($2.3 billion) by the European Union for rigging rates linked to Libor. Deutsche Bank was fined 725 million euros, the biggest penalty in the case. Societe Generale SA was fined 446 million euros, RBS must pay 391 million euros, and JPMorgan Chase & Co. will pay…

Banks braced for huge EU fines over Libor rate-rigging… December 4, 2013 Banks braced for huge EU fines over Libor rate-rigging scandal – The Guardianbank interest – Google NewsJill Treanor and agencies

Deutsche Bank Ordered to Pay Fired Rate Traders $500000… November 7, 2013 [flickr_feed template="default" count=1 text="bank"] Four Deutsche Bank AG (DBK) traders who won reinstatement of their jobs after they were dismissed following an internal probe into rate-rigging were awarded almost $370,000 ($500,000) in back pay. The total monthly pay of the four men, who were fired in February, ranged from 10,833 euros to 22,083 euros on average, according to the written version of the judgment made Sept. 11 and released by the Frankfurt Labor Court yesterday.…

E.U. Imposes 1.7 Billion Euros in Fines Over Rate-Rigging… December 4, 2013 By CHAD BRAY and JACK EWING The settlement, announced by European Union antitrust officials, relates to actions by traders at some of the world’s largest banks, including Citigroup, Royal Bank of Scotland and Deutsche Bank. Published: December 4, 2013 at 5:00AM Source: NYT Business Day http://dealbook.nytimes.com/2013/12/04/e-u-imposes-1-7-billion-euros-in-fines-over-rate-rigging-scandal/ Antitrust Laws and Competition Issues, Fines (Penalties), Libor (London Interbank Offered Rate)