German prosecutor launches new rate inquiry at Deutsche Bank: FT

German prosecutors have launched preliminary inquiries into the roles individuals may have played in connection with Deutsche Bank’s participation in the interest rate-rigging scandal, the Financial Times reported online on Monday. Earlier this month, a source told Reuters that Germany's financial watchdog Bafin had heavily criticized Deutsche Bank in its report investigating attempts to manipulate inter-bank interest rates such as Libor. The German regulator has been investigating Deutsche Bank and the role it played during the financial crisis when a global inter-bank lending rate mechanism was being manipulated.

German prosecutor launches new rate inquiry at Deutsche Bank: FT source: http://finance.yahoo.com/news/german-prosecutor-launches-rate-inquiry-150534307.html