UPDATE 2-Deutsche Bank is first to settle bond-rigging lawsuit, amid federal probe
11 Sep UPDATE 2-Deutsche Bank is first to settle bond-rigging lawsuit, amid federal probe
Posted at 20:29h
in
News
by KMFSLLP
Deutsche Bank AG
will pay $15 million to resolve claims it conspired to rig
prices of bonds issued by Fannie Mae and Freddie Mac
, becoming the first of 16 financial services companies
to settle litigation by investors.
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