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Investors say new CFTC rules arent enough to salvage discredited benchmark.
Europe moves toward banking union, allows banks to tap bailout fund directly.
Offerings drop 34% as Facebook debut, European crisis scare away buyers.
Merkel increasingly isolated as other leaders back euro bonds, growth measures.
Proposed U.S.-E.U. agreement would set a good example for other nations, Kaeser says.
Bank will pay $453 million; CEO Diamond and other executives to forgo bonuses.