Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Deutsche Bank AG
Current Parent Company: Deutsche Bank
Penalty: $5,000,000
Year: 2023
Date: November 21, 2023
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Secondary Offense: interest rate benchmark manipulation
Violation Description: Deutsche Bank agreed to pay $5 million to settle its role in litigation involving manipulation of the British pound sterling LIBOR interest rate benchmark.
Level of Government: federal
Action Type: private litigation
Court: Southern District of New York
Civil or Criminal Case: civil
Case ID: 1:15-cv-03538
Case Name: Sonterra Capital Master Fund, Ltd. v. Barclays Bank PLC et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Germany
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking & securities
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
Link to Archived Court Document:  subscribe to see this data field
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.