Deutsche Bank To Pay $190M In Forex Rigging Deal

Law360, New York (September 29, 2017, 11:16 AM EDT) -- Deutsche Bank AG on Friday agreed to pay $190 million to settle allegations that it rigged foreign exchange rates, making it the latest in a line of global banks that have settled class action claims totaling $2.3 billion to date.

Deutsche Bank agreed in Friday's settlement to cooperate with the plaintiffs in their pursuit of the last holdout bank under the forex-rigging charges. (Getty) Under the settlement, which was filed in federal district court in Manhattan on Friday, Deutsche Bank agreed to cooperate with the plaintiffs in their pursuit of the last holdout bank. Deutsche Bank is the 15th of 16...

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