Deutsche Bank Had A Profitable Interest Rate Trading Business In 2008
From Dealbreaker January 10, 2013 - 12:07pm
There are two questions worth asking about today’s Wall Street Journal story about how Deutsche Bank “made at least €500 million ($654 million) in profit in 2008 from trades pegged to the interest rates under investigation by regulators world-wide”: is that a lot?, and did they do it by manipulating Libor? The second one is…
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