Deutsche Bank says in annual report that it was granted immunity in the EU’s antitrust probe into trading of sovereign, supranational and agency bonds and doesn’t expect any fine.
“On December 20, 2018, the European Commission sent a statement of objections to Deutsche Bank regarding a potential breach of EU antitrust rules in relation to secondary market trading of SSA bonds denominated in US dollars,” lender says
“Deutsche Bank has proactively cooperated with the European Commission in this matter and as a result has been granted immunity”
‘In accordance with the European Commission’s guidelines, Deutsche Bank does not expect a ...
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