The Traderszone Network

Published in TZ Latest News 12 October, 2014 by The TZ Newswire Staff

Deutsche clampdown on bad behavior prompts exodus of traders: FT

Deutsche Bank has been facing a set of investigations by regulators involving allegations that benchmark interest rates were manipulated and that some investors were unfairly favored in off-market trading venues known as dark pools. The newspaper reported that other banks like Barclays (BARC.L) are also in the process of introducing similar measures, after its bonus culture was cited as one of the factors that led to the Libor manipulation rate scandal. Barclays is introducing a company-wide bonus policy this year for bankers who stick to the British bank’s values and behavioral guidelines.

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