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Deutsche Bank To Pay $2.5 Billion, Terminate And Ban Individual Employees, Install Independent Monitor For Interest Rate Manipulation - Widespread Effort By Bank Employees To Manipulate Benchmark Interest Rate Submissions For LIBOR, EURIBOR, TIBOR - Deutsche Bank Employee: This "Is A Corrupt Fixing And DB Is Part Of It!" - Deutsche Bank Employee Seeking To Obtain Lower Rate: "I’m begging u, don’t forget me… pleassssssssssssssseeeeeeeeee… I’m on my knees…"

Date 23/04/2015

Benjamin M. Lawsky, Superintendent of Financial Services, announced today that Deutsche Bank will pay $2.5 billion, terminate and ban individual employees who engaged in misconduct, and install an independent monitor for New York Banking Law violations in connection with the manipulation of the benchmark interest rates, including the London Interbank Offered Bank ("LIBOR"), the Euro Interbank Offered Rate ("EURIBOR") and Euroyen Tokyo Interbank Offered Rate ("TIBOR") (collectively, "IBOR").

Deutsche Bank To Pay $800 Million Penalty To Settle CFTC Charges Of Manipulation, Attempted Manipulation, And False Reporting Of LIBOR And Euribor - The Fine Imposed On Deutsche Bank Represents The Largest Fine In CFTC’s History - With Today’s Action, The CFTC Has Imposed Over $4 Billion In Penalties Against 13 Banks And Brokers To Address LIBOR And FX Benchmark Abuses

Date 23/04/2015

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order againstDeutsche Bank AG (Deutsche Bank) bringing and settling charges that Deutsche Bank routinely engaged in acts of false reporting and attempted manipulation and, at times, succeeded in manipulating the London Interbank Offered Rate (LIBOR) for U.S. Dollar, Yen, Sterling, and Swiss Franc, and the Euro Interbank Offered Rate (Euribor), interest rate benchmarks critical to the U.S. and global financial markets. Deutsche Bank is also charged with aiding and abetting, at times, the attempts of traders at other banks to manipulate Yen LIBOR and Euribor. The CFTC Order finds that Deutsche Bank, through its traders and benchmark submitters, engaged in this manipulative conduct to benefit cash and derivatives trading positions that were priced off of LIBOR or Euribor.

Deutsche Bank Fined £227 Million By Financial Conduct Authority For LIBOR And EURIBOR Failings And For Misleading The Regulator

Date 23/04/2015

The Financial Conduct Authority (FCA) has handed Deutsche Bank AG (Deutsche Bank) a £227 million ($340 million) fine, its largest ever for LIBOR and EURIBOR-related (collectively known as IBOR) misconduct. The fine is so large because Deutsche Bank also misled the regulator, which could have hampered its investigation.

Finansinspektionen - Swedish Financial Supervisory Authority - Is Not Progressing With The Amortisation Requirement

Date 23/04/2015

Finansinspektionen (FI) is of the opinion that it is necessary to put an amortisation requirement in place. At the same time, the Administrative Court of Appeal of Jönköping, among others, finds deficiencies in the legal basis for FI to decide on an amortisation requirement. FI determines that the legal status is unclear and that FI’s mandate needs clarifying. Therefore, at present, FI is not progressing with the amortisation requirement.

Nasdaq Announces 67% Increase In Quarterly Dividend To $0.25 Per Share

Date 23/04/2015

The Board of Directors of The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) has declared a regular quarterly dividend of $0.25 per share on the company's outstanding common stock, an increase of 67% from the prior $0.15 per share quarterly dividend.

ESMA Consults On Draft Guidelines Specifying Criteria For The Assessment Of Knowledge And Competence In MiFID II

Date 23/04/2015

The European Securities and Markets Authority launched today a consultation on draft guidelines specifying criteria for the assessment of knowledge and competence of natural persons in investment firms that provide investment advice or information about financial instruments, investment services or ancillary services to clients.

Nasdaq Reports Strong First Quarter 2015 Financial Results

Date 23/04/2015

• First quarter 2015 non-GAAP diluted EPS of $0.80, the company's second-highest non-GAAP: operating income, net income and diluted EPS. First quarter 2015 GAAP diluted EPS was $0.05.
• The Board has authorized a 67% increase in the quarterly dividend, to $0.25 per share from $0.15.
• First quarter 2015 net revenues1 were $507 million, down 4% year-over-year. On an organic basis, excluding the impact of foreign exchange rates and acquisitions, non-trading segment organic growth was 3%.
• A restructuring effort eliminated $17-$19 million in annualized expenses. The company will incur related charges of $63 million, of which $31 million was realized in the first quarter of 2015. In addition, restructuring charges included a non-cash charge of $119 million related to our global rebranding initiative.
• Non-GAAP operating expenses were $272 million in the first quarter of 2015, down 8% year-over-year. On an organic basis, excluding the impact of foreign exchange rates, non-GAAP operating expenses fell 2%.
• Non-GAAP operating margin was 46% in the first quarter of 2015, up from 44% in the prior year period.
• The company repurchased $30 million of our common stock in the first quarter of 2015, bringing total repurchases to $208 million during the last four quarters.
• The 2015 non-GAAP expense forecast was lowered to $1,085 - $1,110 million, due to the impact of both restructuring actions and changes in foreign exchange rates.

HKEx: Partial Cancellation Of The Bonds Due To Conversion

Date 23/04/2015

Reference is made to the announcements made by Hong Kong Exchanges and Clearing Limited (“HKEx” or “Guarantor”) on 25 September and 24 October 2012, and by the Guarantor and HKEx International Limited (“Issuer”) jointly on 17 December 2012, and 26 February and 16 April 2014 in relation to the US$500,000,000 0.50 per cent convertible bonds due 2017 (“Bonds”) constituted under the trust deed dated 23 October 2012 (as amended and restated effective 17 December 2012).

Thai Bourse Launches First Sustainability And Social Enterprise Investment Awards

Date 23/04/2015

The Stock Exchange of Thailand (SET), underlining commitment to boost quality of Thai listed firms and enhance capital market sustainability, will grant two key new awards for listed firms having outstanding sustainability attributes by initiating Sustainability Awards and Social Enterprise Investment Awards. The results will be announced by the end of this year.

BSE To Provide Online Information To Listed Companies On Pending Investor Complaints

Date 23/04/2015

In a continuous endeavour to improve upon the services to the market participants, Asia’s oldest exchange, BSE has decided to provide the list of pending investor complaints against the listed company online, this list of pending investor complaints will be provided through the “Listing Centre” Module.