Bafin Intensifies Libor Probe At Deutsche Bank: Spiegel
Magazine Der Spiegel said on Sunday, German regulators have intensified investigations into Deutsche Bank in an effort to resolve a long-running, industry-wide investigation into possible efforts to manipulate benchmark interest rates. The magazine reported, the latest initiative aims to determine when co-Chief Executive Anshu Jain first learned of possible attempts to manipulate benchmark rates such as Libor at Deutsche Bank and in the industry in general. German regulator Bafin, which has hired auditors Ernst & Young to pursue new lines of query, declined to comment.
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