Fed fines Deutsche Bank $156.6 million for forex violations
gata.org / By Patrick Rucker and Karen Freifeld, Reuters / Thursday, April 20, 2017
The U.S. Federal Reserve on Thursday fined Deutsche Bank $156.6 million for violating foreign exchange rules and running afoul of the Volcker Rule.
The German bank failed to detect and halt its traders from using chat rooms to communicate with competitors, the Fed said in a statement.
Central bank officials are “requiring the firm to cooperate in any investigation of the individuals involved in the conduct underlying the FX enforcement,” according to the statement.
In a statement, the bank said, “we are pleased to resolve these civil enforcement matters with the Federal Reserve.” …
… For the remainder of the report:
http://www.reuters.com/article/us-deutsche-bank-fed-forex-idUSKBN17M2MK
The post Fed fines Deutsche Bank $156.6 million for forex violations appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/04/20/fed-fines-deutsche-bank-156-6-million-for-forex-violations/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).