Investigation into Deutsche Bank's role in Libor scandal complete

The German banking and finance regulator is ready to submit its report of Deutsche Bank’s role in the manipulation of interbank lending rates, a source close to the issue has told Reuters.

BaFin has reportedly completed its investigation into Deutsche Bank concerning the manipulation of benchmark interest rates like Libor and Euribor and is ready to submit a copy to it this week.

The regulator worked with the central Bundesbank and accountant Ernst & Young to complete its report.

Deutsche Bank has already dismissed or suspended seven employees over the scandal, but insists that no current or former member of its management board were involved.