Deutsche Bank Made Huge Bet, and Profit, on Libor

Deutsche Bank AG made at least €500 million ($654 million) in profit in 2008 from trades pegged to the interest rates under investigation by regulators world-wide, internal bank documents show. The German bank’s trading profits resulted from billions of euros in bets related to the London interba…

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Deutsche Bank Made Huge Bet, and Profit, on Libor