Elan Mendel

Four Banks Fined $120 Million For ‘Mis-Selling’ Derivatives In Milan

On Wendesday an Italian court found Depfa Bank, UBS (UBSN.VX), JPMorgan (JPM.N) and Deutsche Bank (DBKGn.DE) guilty of fraud. The banks were found guilty of “mis-selling derivatives” (Reuters) to Milan; the four banks were...more

12/20/2012 - CFTC Derivatives Deutsche Bank Fraud JPMorgan Chase Libor UBS