{"id":87034,"date":"2015-04-23T13:50:07","date_gmt":"2015-04-23T13:50:07","guid":{"rendered":"https:\/\/armbanks.am\/2015\/04\/23\/242771\/"},"modified":"2024-12-15T13:17:39","modified_gmt":"2024-12-15T13:17:39","slug":"deutsche-bank-will-pay-u-s-and-british-authorities-2-5-billion-fine","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2015\/04\/23\/87034\/","title":{"rendered":"Deutsche bank will pay U.S. and British authorities $2.5 billion fine"},"content":{"rendered":"<p><strong>YEREVAN, April 23. \/ ARKA \/.<\/strong> Deutsche Bank will pay U.S. and British authorities $2.5 billion and its London subsidiary will plead guilty to wire fraud for manipulation of benchmark interest rates, U.S. authorities said on Thursday, The Wall Street Journal reports.<\/p>\n<p>As part of the deal, Germany\u2019s largest bank also entered into a deferred prosecution agreement with the U.S. Justice Department and admitted its role in manipulating the London Interbank Offered Rate (Libor).<\/p>\n<p>The bank also agreed to terminate and ban employees who engaged in misconduct and will install an independent monitor, according to New York state&#8217;s Department of Financial Services.<\/p>\n<p>The $2.5 billion penalty includes $600 million to the New York regulator, $800 million to the U.S. Commodity Futures Trading Commission, $775 million to the U.S. Justice Department and $344 million to the UK&#8217;s Financial Conduct Authority, authorities said.-0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Deutsche Bank will pay U.S. and British authorities $2.5 billion and its London subsidiary will plead guilty to wire fraud for manipulation of benchmark interest rates, U.S. authorities said on Thursday, The Wall Street Journal reports<\/p>\n","protected":false},"author":1,"featured_media":156954,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[15418,15716,12234],"class_list":{"0":"post-87034","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-bank-en-2","10":"tag-deutsche-2","11":"tag-pay"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/87034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=87034"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/87034\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/156954"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=87034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=87034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=87034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}