Share Name Share Symbol Market Type
Deutsche Bank AG XE:DBK XETRA Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.272 -3.17% 8.299 8.297 8.30 8.447 8.176 8.445 8,546,272 13:31:57

Australia Drops Cartel Case Against Citi, Deutsche Bank

11/02/2022 7:24am

Dow Jones News

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   By Cristina Roca 

Australia's federal prosecutor has decided not to proceed further in criminally prosecuting Citigroup Inc., Deutsche Bank AG and four senior bankers for cartel offenses, it said Friday.

"The Director concluded that there were no longer reasonable prospects of conviction for the charges before the court," said Commonwealth Director of Public Prosecutions Sarah McNaughton.

The case relates to a 2015 fundraising round for Australia & New Zealand Banking Group Ltd., which was underwritten by Citi, Deutsche and the local arm of JPMorgan Chase & Co.


Write to Cristina Roca at


(END) Dow Jones Newswires

February 11, 2022 02:09 ET (07:09 GMT)

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