By James Shotter
Financial Times, London
Wednesday, April 22, 2015
Deutsche Bank will take a litigation charge of "approximately E1.5 billion," it said on Wednesday as the German lender nears settlement of claims that it tried to manipulate interbank lending rates.
A resolution of the long-running saga could come as early as Thursday, and the bank’s total fine is likely to be more than E2 billion, according to people familiar with the situation.
That total would represent the largest penalty meted out so far in connection with the scandal over the manipulation of the London interbank offered rate (Libor) and other interbank borrowing rates. ...
... For the remainder of the report:
http://www.ft.com/intl/cms/s/0/e453ee58-e910-11e4-a71a-00144feab7de.html [1]
We Are Amid the Biggest Financial Bubble in History;
When It Bursts, Bullion Owned in the Safest Way Will Protect Wealth
With GoldCore you can own allocated -- and most importantly -- segregated coins and bars in Switzerland, Singapore, and Hong Kong.
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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http://info.goldcore.com/essential-guide-to-storing-gold-in-switzerland [3]
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Email the GoldCore team at info@goldcore.com [4] or call our trading desk:
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Visit us at: http://www.goldcore.com [5]
Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:
https://jeffersoncompanies.com/landing/2014-av-powell [6]
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 [7]
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 [9]
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