Deutsche Bank Bans Fixed Income Chat Rooms Amid Probes
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Deutsche Bank AG, Europe’s biggest investment bank by revenue, barred multi-party chat rooms at its fixed-income and currency trading businesses as regulators continued punishing banks for alleged rate-rigging.
The ban for employees working in fixed income took effect this week, Michael Golden, a London-based spokesman for the company, said by telephone today. Similar measures were taken in foreign exchange in February, he said.