“Only right that Deutsche Bank is facing the largest fine” – Which? response to Deutsche Bank fine for IBOR-related misconduct

Which? executive director, Richard Lloyd, said:

​“It’s only right that Deutsche Bank is facing the largest fine of this kind for breaking the rules and hampering the regulator’s investigation.

“Rigged markets will ultimately hit people in the pocket, so the regulator must continue to take tough action on those banks who mislead and fail to cooperate with investigations. Banks must now learn from their mistakes and improve their culture if they are to win back trust.” ​

Statement: ,