Britain's financial watchdog criticizes Deutsche Bank over Libor

April 18, 2015 12:07 PM

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FRANKFURT, April 18 (Reuters) - Britain's financial regulator has harshly criticized Deutsche Bank's top management for failing to cooperate in its probe of the rigging of benchmark interest rate Libor, German magazine Der Spiegel said on Saturday.

Britains Financial Conduct Authority (FCA) wrote a letter saying that Deutsche Bank's behaviour was unacceptable, the magazine said, adding that Deutsche Bank's board discussed the letter.

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