Bloomberg News

Deutsche Bank Says Set Aside Reserves For Possible Libor Fines

November 28, 2012

Stephan Leithner, Deutsche Bank AG (DBK)’s head of compliance, says set aside reserves for possible financial damages over banks’ alleged manipulation of London Interbank Offered Rate. * Leithner was speaking at a hearing on Libor at the Finance Committee of the German parliament in Berlin today * Reserves relate to Libor probes by regulators, he says * Deutsche Bank does not expect to pay damages for U.S. claims, he says

To contact the reporter on this story: Annette Weisbach in Frankfurt at aweisbach1@bloomberg.net

To contact the editor responsible for this story: Frank Connelly at fconnelly@bloomberg.net


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