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Libor scandal, Deutsche Bank must pay 2 billion fine

The Bank has already paid 725 million euros to the European Union Antitrust following the closure of investigations into the manipulation of the interbank index.

Libor scandal, Deutsche Bank must pay 2 billion fine

Deutsche Bank he is expected to reveal today the details of the 2 billion euro fine imposed by the American and British supervisory authorities after the accusation that some of his employees manipulated the Libor, the rate on the London interbank market.

Analysts expect the German bank to budget court costs of 1,5 billion euros in the first quarter of 2015. The results of the quarterly will be published next week, when it seems that revenues close to historical highs will be announced.

The bank has already paid 725 million euros to the European Union Antitrust following the closure of investigations into the manipulation of the interbank index.

The penalty would go beyond UBS's previous record, which spent $1,5 billion on the same charge. About a dozen companies have collectively paid $6,5 billion since June 2012 following the Libor scandal.

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