Libor Probe Finds No Evidence Against Jain, Handelsblatt Says
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Germany’s financial regulator found no evidence during a two-year probe that Deutsche Bank AG co-Chief Executive Officer Anshu Jain knew about or participated in possible interest rate manipulation, newspaper Handelsblatt reported.
The watchdog, known as Bafin, also concluded that other board members didn’t know about or take part in any such activity, Handelsblatt said. The Bonn-based watchdog’s report on the case is expected to come at the start of 2015, the newspaper said, citing unidentified people close to the financial industry.