Violation Tracker Individual Record

Company: 
Deutsche Bank
Current Parent Company: 
Deutsche Bank
Penalty: 
$800,000,000
Year: 
2015
Date: 
April 23, 2015
Primary Offense: 
interest rate benchmark manipulation
Violation Description: 

The U.S. Commodity Futures Trading Commission issued an Order settling charges that Deutsche Bank routinely engaged in acts of false reporting and attempted manipulation and, at times, succeeded in manipulating the LIBOR and Euribor interest rate benchmarks.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Commodity Futures Trading Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
Germany
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking & securities
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.