Photo: Bloomberg The bank’s self-reporting measures and cooperation with the SFC helped avert an even larger fine Credit Suisse and its Hong Kong subsidiaries were fined a collective $39.3 million
Deutsche Bank Ordered to Pay $70 million for Manipulation of USD Swap Rates
Photo: Deutsche Bank The German investment bank reportedly intentionally attempted to alter benchmark levels to benefit its personal positions. The Commodity Futures Trading Commission (CFTC) issued an order directed at