2 Ex-Deutsche Bank Traders Charged in Libor Probe

The video discusses the charges against Deutsche Bank traders in a Libor rate-rigging scheme, highlighting the legal and financial challenges faced by the bank. It covers the impact of these issues on the bank's capital and stock, and the implications of Basel rules on operational risk and capital requirements. The discussion includes the bank's strategy to address outstanding legal matters and the ongoing debate between banks and regulators regarding future legal costs.

What was the main accusation against Deutsche Bank traders in the US?

• Insider trading

• Rate rigging scheme

• Money laundering

• Tax evasion

How has Deutsche Bank's legal situation affected its financial status?

• Reduced legal bills

• Decreased stock value

• Improved credit rating

• Increased annual profit

What is the primary concern for Deutsche Bank regarding Basel's operational risk calculation?

• Stricter loan conditions

• Lower customer deposits

• Increased capital requirements

• Higher interest rates

What do banks argue about the financial crisis in relation to legal costs?

• It had no impact on legal costs

• It was a one-time event

• It was a recurring event

• It will happen again soon

Why do regulators insist on including legal costs in capital calculations?

• To ensure future stability

• To lower interest rates

• To reduce operational risk

• To increase bank profits