By Arno Schuetze and Jonathan Gould
Reuters
Thursday, February 25, 2016
FRANKFURT, Germany -- Germany's financial regulator will take no further action against Deutsche Bank over alleged interest rate rigging and precious metals price fixing, the country's largest lender said on Thursday.
The watchdog, Bafin, has also drawn a line under a special audit into a derivatives trade with Italy's Monte dei Paschi, Deutsche said in a statement.
Bafin confirmed it had closed the special audits but declined to comment on details.
"Bafin does not see the need to take further action against the bank or former and current members of the management board with respect to the closed special audits," Deutsche said, adding the regulator cited changes it had already implemented or planned to redress shortcomings for its decision. ...
... For the remainder of the report:
http://www.reuters.com/article/us-deutsche-bank-bafin-idUSKCN0VY2O4 [1]
We Are Amid the Biggest Financial Bubble in History;
When It Bursts, Bullion Owned in the Safest Way Will Protect Wealth
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Switzerland, Singapore, and Hong Kong remain extremely safe jurisdictions for storing bullion. Avoid exchange-traded funds and digital gold providers where you are a price taker. Ensure that you are outright legal owner of your bullion. If you do not own segregated bullion that you can visit, inspect, and take delivery of, you are exposed.
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Visit us at: http://www.goldcore.com [5]
Join GATA here:
Mines and Money Asia
Tuesday-Thursday, April 5-7, 2016
Hong Kong Convention and Exhibition Centre
Hong Kong Special Administrative Region, China
http://asia.minesandmoney.com/ [6]
Mining Investment Asia
Wednesday-Friday, April 13-15, 2016
Marina Bay Sands, Singapore
http://www.mininginvestmentasia.com/ [7]
Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:
https://jeffersoncompanies.com/landing/2014-av-powell [8]
Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:
http://www.goldrush21.com/order.html [9]
Or by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://gata.org/node/wallstreetjournal [11]
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