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VisitWill Deutsche Bank announce changes to its executive team by January 10, 2025?
Yes • 50%
No • 50%
Official announcements from Deutsche Bank
Deutsche Bank Settles $150 Million Libor Lawsuit with Exonerated Trader
Jul 10, 2024, 05:30 PM
Deutsche Bank has settled a $150 million lawsuit with a former trader who was convicted and later cleared of charges related to rigging the Libor benchmark rate. The trader accused Deutsche Bank of making false and misleading statements and claimed he was made a scapegoat by the bank, referring to himself as the Libor 'fall guy'. The settlement follows the trader's exoneration and the overturning of his conviction in New York.
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CEO steps down • 25%
CFO steps down • 25%
Both CEO and CFO step down • 25%
No change • 25%
CEO resignation • 25%
Board member changes • 25%
No significant leadership changes • 25%
Other executive changes • 25%
Internal candidate • 25%
External candidate from another German bank • 25%
External candidate from a non-German bank • 25%
No replacement by deadline • 25%
Yes • 50%
No • 50%
Decrease by 0-10% • 25%
Decrease by more than 10% • 25%
Increase by more than 10% • 25%
Increase by 0-10% • 25%
New compliance requirements • 25%
Stricter financial regulations • 25%
Other • 25%
Changes in Libor regulations • 25%