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Ex Deutsche Bank AG executive acquitted of fixing Euribor rate

Duncan Penny QC was instructed by Ian Ryan of Howard Kennedy in the defence of Mr Andreas Hauschild, a former Deutsche Bank AG executive. Mr Hauschild was accused of conspiring to fix the Euribor rate, which is tied to loans and derivatives to the value of trillions of dollars. Between April and June 2018 Duncan Penny QC defended Mr Hauschild’s former colleague, Achim Kraemer, who was also acquitted.

Following a trial at Southwark Crown Court, Mr Hauschild was acquitted of all charges.

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