2015-07-17reuters.com

``Deutsche Bank has disputed allegations by Germany's financial watchdog, sources close to the lender said, in its official response to a preliminary report into interest rate manipulation which threatens sanctions against the bank and individuals... The report also alleges "major misconduct" by traders and "major failures" by members of the management board or the group executive committee, and refers to "substantial organizational defects", which continued in some cases until the beginning of 2014 -- long after supervisors had sounded the alarm on market manipulation.''



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