The Corner | April 10, 2015 | Deutsche Bank is looking to clean up its image and may soon come to an agreement that draws a line under its involvement in the Libor scandal. As first reported by The New York Times, the German bank could be about to come to an agreement with the U.S Justice department. Financial supervisors admitted to The Corner that not enough has been done to eradicate bad practices.
LONDON | By Víctor Jiménez | We leave the Thameslink station, in the southern section of Ludgate Hill Street that leads to the door of St. Paul’s Cathedral in London. We are close to Square Mile. On our way to his office, the veteran financial journalist Jon Hay explains that Euromoney (one of the large market information publishing companies in Europe) has started to hire new reporters to cover, for instance, the latest data on the collateralised loan obligations (‘CLOs’), which are one of the debt structures that got deflated after the 2007 credit bubble burst.