Ex-Deutsche Bank traders avoid prison time for Libor scheme
Two former Deutsche Bank
AG traders will not serve any prison time for
conspiring to manipulate the Libor benchmark interest rate
between 2005 and 2011, a federal judge ruled on Thursday,
sharply criticizing U.S. prosecutors for treating the two men as
“proxy wrongdoers” for a much larger scheme.
AG traders will not serve any prison time for
conspiring to manipulate the Libor benchmark interest rate
between 2005 and 2011, a federal judge ruled on Thursday,
sharply criticizing U.S. prosecutors for treating the two men as
“proxy wrongdoers” for a much larger scheme.
Posted by Reuters
