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Deutsche Bank Profits Smashed By Mis-Selling Derivatives, Libor and FX Fixing Probe Provisions

German lender is being investigated for Libor fixing, FX rigging and mis-selling derivatives

Most Asian markets finished the week lower

Asian Markets Week Review: Most Indices Drop Ahead of US Fed Reserve Meet

Markets awaiting cues from Fed meeting and slew of economic and corporate data.

US appeals courts say British bank Barclays must return nearly $300m to hedge fund Black Diamond. (Photo: Reuters)

Barclays Liable for $300m on Black Diamond Swap Derivative Deal Breach

US appeals courts say British bank must return nearly $300m to hedge fund Black Diamond.

Bully-Banks' Brolly-Day Assembly outside the Houses of Parliament as small businesses and their MPs urge the Treasury and the FCA to make the banks pay proper and prompt redress to small businesses mis-sold IRSAs. (Photo: IBTimes UK)

Mis-Selling Derivatives Bully-Banks Q&A: 'Banks Delivering Redress at a Snail's Pace' [VIDEO]

Group founder Jeremy Roe tells us about the lack of redress and help for businesses in financial distress

Vedanta Hedging's managing director Abshishek Sachdev is an independent expert on mis-selling derivatives but has also advised politicians over the scandal (Photo: IBTimes UK)

Mis-Selling Derivatives Independent Expert Q&A: Banks Rake In Profits on Redress Review [VIDEO]

Vedanta Hedging's Abhishek Sachdev speaks to IBTimes UK about hidden liabilities, embedded swaps and consequential losse

Solicitor and Barrister from LexLaw, Ali Akram, talks to IBTimes UK about legal rights surrounding the mis-selling derivatives scandal (Photo: IBTimes UK)

Mis-Selling Derivatives Lawyer Q&A: Ticking Timebomb of Legal Rights [VIDEO]

LexLaw solicitor and barrister Ali Akram tells IBTimes UK about the legal options for businesses in distress

Guto Bebb MP speaks to IBTimes UK about the mis-selling derivatives scandal (Photo: IBTimes UK)

Mis-Selling Derivatives Guto Bebb MP Q&A: Exclusive Developments with FCA, Banks and Parliament [VIDEO]

IBTimes UK speaks exclusively to APPG founder and Aberconwy MP on the Parliamentary backbench debate

Arsenal's Spanish Star Gives Verdict on Mesut Ozil

Arsenal midfielder Santi Cazorla believes that their new summer signing Mesut Ozil can mark a new era, following the likes of Zinedine Zidane and Ronaldinho.

Ian Holloway Parts Ways With Crystal Palace as Board Looks to Tony Pulis as Replacement

Ian Holloway has parted ways with Crystal Palace by mutual consent.

FCA's Martin Wheatley has voiced his disappointment in the past about the 'slow progress' banks have made to deliver redress to mis-sold derivatives victims (Photo: Reuters)

FCA's Martin Wheatley to Slam Banks for 'Inadequate' Speed of Mis-Selling Derivatives Redress

Financial Conduct Authority's chief executive to outline progress of swaps review.

Barclays has several options as to how to gain redress through the review and consequential losses (photo: Reuters)

Mis-Selling Derivatives: Barclays Unveils Financial Distress and Redress Options

Barclays stops short of blanket redress payments to IRSA victims before consequential losses.

RBS installs blanket two-step redress payment system before consequential losses determined (Photo: Reuters)

Mis-Selling Derivatives: RBS Installs Blanket Redress Payment System Before Consequential Losses

Royal Bank of Scotland follows in HSBC's footsteps and will pay customers redress offers before consequential loss determination

Proelios has created mobile games for some of the world's largest companies, including Volkswagen, Barclays Card and Fanta. (Photo: Proelios)

Mobile Gaming, Branding, Advertising with Proelios: Turning Everyone into a Gamer [VIDEO]

Proelios' partner and head of client services Kristien Wendt on the rise of mobile games strengthening brands

Rabobank is on the cusp of being fined $1bn by US and UK authorities for its alleged role in the manipulation of the key interbank lending rate Libor (Photo: Reuters)

Libor Fixing Scandal: Rabobank Braces for $1bn US and UK Fine

Report says Dutch lender set to announce fine by end of October.

Former RP Martin broker Terry Farr arrives at Southwark Crown Court in London in October. The SFO charged Terry Farr and James Gilmour in July with conspiracy to defraud over Libor rates (Photo: Reuters)

Libor Fixing Scandal: SFO Puts 22 more Traders 'On Notice'

British court hears how Serious Fraud Office could see another 22 people face rigging charges

Deutsche Bank declined to comment on reports that it is talking to 50 employees over possible Libor rigging allegations (Photo: Reuters)

Libor Fixing Scandal: Deutsche Bank Questions 50 Employees in Internal Probe

German lender starts talks with employees over possible Libor manipulation, says Handelsblatt.

Barclays Turns to Startups to Combat Fear of Evolving Technology

Barclays bank seeks help from startups to help solve problems created by rapidly evolving technology.

Guardian Care Homes filed news email evidence over mis-selling derivatives and Libor fixing case against Barclays. FCA said no new reviews or probes are being carried out or launched (Photo: Reuters)

Mis-Selling Derivatives: Barclays Battles Fresh Libor Fixing Evidence in GCH Court Case

Barclays is battling fresh Libor fixing evidence in court after Guardian Care Homes, which is seeking an invalidation of complex derivative products it was sold to by the bank, takes it to an appeals court.

WSJ, David Enrich and third parties are threatened with imprisonment, asset seizure, fines if names of people SFO plan to implicate in Libor fixing criminal case are divuled in England and Wales (Photo: Reuters)

Libor Fixing Scandal: SFO Silences WSJ Journalist David Enrich With Imprisonment and Fine Threats

Third parties also threatened with fines, imprisonment, asset seizure if individuals the government plans to implicate are divulged

FCA's Martin Wheatley says banks have made progress but more needs to be done over incentive schemes for staff (Photo: Reuters)

FCA's Martin Wheatley: Dangerous Bank Bonus Culture Still Exists

Wheatley says that while some improvements have been made, there are still a number of areas to tackle.

Britain's Chancellor of the Exchequer George Osborne (rear, L) stands next to Chinese Vice premier Ma Kai (rear, R), as Paul Deighton, commercial secretary to the Treasury, participates in a signing ceremony with Xu Yongsheng, deputy director of China's N

Selling Britain's Soul to China Comes at a Price: Beware of Banking but Welcome FDI

Chinese investment will be a saving grace but relaxing banking rules could damn the financial system's safety

Financial Ombudsman Services Chief Natalie Ceeney Blames Banks for the Flood of Claims Management Companies

PPI mis-selling still dominates FoS' piles of complaints

The Indian Economy Will Pick Up By The Year-End

Monsoons will keep the Indian Economy Afloat

Good monsoon rainfall and the revival of billions of dollars worth of delayed projects are expected to boost India's economic growth.

FCA DATA: Barclays most complained about bank in Britain, followed by Lloyds TSB Bank, MBNA Limited, Bank of Scotland, Santander UK (Photo: Reuters)

Mis-Selling PPI Makes Barclays the Most Complained About British Bank

UK's Financial Conduct Authority publishes data on complaints and redress for the first half of 2013

Bankers Face 'Global Health Crisis' as Working Conditions Worsen

Barclays' Hector Sants signed off for stress while Lloyds' António Horta-Osório took time off in the past.

Deutsche Bank and Barclays are being sued in the Court of Appeal over how Libor fixing could invalidate IRSAs because many are attached to the benchmark lending rate (Photo: Reuters)

Mis-selling Derivatives and Libor Fixing: Lawyers Unveil Deutsche Bank Emails On Customer Being 'Screwed'

Unitech is appealing against earlier ruling saying banks' attempts to manipulate Libor invalidate IRSA.

Barclays' Compliance Boss Hector Sants Taking Time Off Over Stress

Sants off until end of year as bank mired in numerous scandals, such as Libor fixing and derivatives mis-selling.

David Cameron (L) and George Osborne (R) established the Parliamentary Commission on Banking Standards (PCBS) to reform the banking sector (Photo: Reuters)

PCBS Andrew Tyrie: UK Government Ignores Key Banking Reform Blueprint Elements

Parliamentary Commission on Banking Standards chairman says government is failing implement key reforms

Barclays is being sued by Guardian Care Homes and Deutsche Bank is being sued by Unitech for alleged swap mis-selling (Photo: Reuters)

Mis-Selling Derivatives and Libor Fixing: UK Court to Determine Whether Rate Rigging Invalidates Swaps

London Court of Appeal will begin a three day hearing examining two cases against Barclays and Deutsche Bank

JPMorgan Reports Loss in Humiliation for Jamie Dimon

JPMorgan posts first quarterly loss under chief executive Jamie Dimon