Ex-Deutsche Boss Slapped With $300K Fine For Rate Rigging

Law360, New York (April 9, 2019, 4:34 PM EDT) -- A Manhattan federal judge hit former London-based Deutsche Bank managing director Michael Curtler with a $300,000 fine Tuesday for conspiring to rig global interest rates, but credited his cooperation with prosecutors in sparing him prison.

U.S. District Judge Colleen McMahon also ordered Curtler, 46, to continue cooperating with federal prosecutors during a two-year period of supervised release, during which he has agreed to periodically visit New York to see his probation officer.

"You were the first to decide that you would assist the government in connection with this investigation and prosecution," Judge McMahon said. She called his rigging of the Libor...

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