Germany's financial regulatory body has singled Deutsche Bank general counsel Richard Walker in a report urging the bank to make senior management changes in the wake of the Libor scandal.
January 07, 2014 at 06:38 AM
1 minute read
The original version of this story was published on Legalweek
Germany’s financial regulatory body has singled out Deutsche Bank general counsel Richard Walker in a report urging the bank to make senior management changes in the wake of the Libor scandal.
The report, a copy of which was obtained by German weekly magazine Der Spiegel, states the bank did not provide “a sufficient explanation and examination of the processes within the Bank in dealing with the allegations to Libor”.
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