Deutsche Bank $2.5 Billion LIBOR Fine Is Not Enough

Deutsche Bank $2.5 Billion LIBOR Fine Is Not Enough
A woman with an umbrella passes a Deutsche Bank branch in Frankfurt am Main, on January 29, 2013. The Chinese investment in the German bank hasn't helped and a merger with a U.S. bank could be a better solution. Thomas Lohnes/Getty Images
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Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.