The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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domingo, 8 de julio de 2012

Germany probing Deutsche Bank over Libor: report

NEW YORK (MarketWatch)
Shares of Deutsche Bank AG  slumped 5.3% in New York trade on Friday
The losses came after Reuters reported, citing two unnamed sources, that Germany's markets regulator BaFin has started a special investigation into Deutsche Bank over the suspected manipulation of interbank lending rates
A spokesperson for the German bank couldn't immediately be reached for comment
The news comes after Barclays PLC  recently agreed to pay a fine of more than $450 million to settle a probe into the attempted manipulation of the London interbank offered rate, which is known as Libor
A number of other big banks are being investigated as part of the ongoing cross-border probe into Libor

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