The German financial supervisor fines Deutsche Bank for EURIBOR checks

The German financial supervisor fines Deutsche Bank for EURIBOR checks

($1 = 0.8853 euros)

FRANKFURT, Dec 29 (Reuters) – The German financial regulator BaFin on Wednesday said it had fined Deutsche Bank (DBKGn.DE) 8.66 million euros ($9.78 million) for controls related to the Euro Interbank Offered Rate (EURIBOR), a setback for the nation’s largest lender as it seeks to restore its reputation.

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Reporting by Tom Sims
Editing by Riham Alkousaa