German regulator to finish own probe into Deutsche by June

April 23, 2015 5:52 PM

59 0

FRANKFURT, April 23 (Reuters) - Germany's financial watchdog is expected to finish its own investigation into the activities of Deutsche Bank's traders in May or June and a supervisory source said it would incorporate the findings of authorities in the United States and Britain.

London, New York and Washington imposed a combined record fine of $2.5 billion on Germany's largest bank on Thursday, but Bafin is not expected to impose a large penalty and will instead focus on responsibility for wrongdoing, the source said.

Read more

To category page