Britain is suing Brussels over rules capping bonuses for bankers -- saying that the new regulations make the banking sector less competitive.
That's caused outrage amongst taxpayers still footing the bill for the last financial crisis.
A trial in London to last several months is looking into benchmark-rigging offences committed between 2005 and 2009. Among the defendants are traders from Germany's largest lender, Deutsche Bank, and Barclays.
Traders from Deutsche Bank and Barclays take to the stand in the first Euribor rigging trial. Euribor is the Brussels-based benchmark interest rate lenders charge each other to lend euros.
Once again, Deutsche Bank has a new man at the helm. Once again, it’s hoped that his appointment will make everything better. The task he is facing? Nothing less than staving off collapse, says DW's Henrik Böhme.
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