
Deutsche Bank agreed to pay $600 million to the Department of Financial Services, terminate certain employees and install an independent monitor to resolve allegations that it engaged in the manipulation of the benchmark interest rates, including the London Interbank Offered Bank (LIBOR), the Euro Interbank Offered Rate (EURIBOR) and the Euroyen Tokyo Interbank Offered Rate. At the same time, Deutsche Bank resolved a criminal case with the U.S. Justice Department and a civil case with the Commodity Futures Trading Commission. For more info visit https://www.dfs.ny.gov/reports_and_publications/press_releases/pr1504231