Search Results for: Deutsche Bank
Former managing director of Deutsche Bank Securities Inc. charged for fraud
November 12th, 2018
The Commodity Futures Trading Commission (CFTC) announced today that it filed and settled charges against Jacob Bourne, a former managing director of Deutsche Bank Securities Inc., for fraudulently mismarking swap valuations to conceal significant trading losses. The CFTC Order ...
FCA fines Deutsche Bank £163 million for serious anti-money laundering controls failings
January 31st, 2017
Soon after the New York’s Department of Financial Services fined Deutsche Bank $425 million for Russian Mirror-Trading scheme, the U.K. regulators FCA announced a fined of £163,076,224 to Deutsche Bank AG for failing to maintain an adequate anti-money laundering ...
British Pound Starts 2017 Significantly Undervalued According to Deutsche Bank
January 7th, 2017
Research from Deutsche Bank places Pound Sterling as one of the world’s most undervalued currencies as we head into 2017. Of 31 currencies analysed, Sterling is third cheapest on a DBeer valuation. The DBeer model is Deutsche Bank’s own ...
FINRA Fines Deutsche Bank $3.25 Million
December 19th, 2016
FINRA Fines Deutsche Bank $3.25 Million for Deficient Disclosures Concerning the Operation of Its Alternative Trading System The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Deutsche Bank Securities Inc. $3.25 million for failing to provide ...
One of Deutsche Bank’s top wealth chiefs is among 13 bankers facing allegations of fraud
December 16th, 2016
One of Deutsche Bank’s top wealth chiefs in London is among 13 bankers facing allegations of fraud and false accounting tied to complex finance transactions with struggling Italian lender Monte dei Paschi. Matteo Vaghi, a London-based managing director at ...
SEC: Deutsche Bank to pay a $9.5 million penalty
October 13th, 2016
The Securities and Exchange Commission today announced that Deutsche Bank Securities has agreed to pay a $9.5 million penalty for failing to properly safeguard material nonpublic information generated by its research analysts. Deutsche Bank also published an improper research ...
Guru Investors Avoided Deutsche Bank And These European Financials
October 10th, 2016
Value gurus mostly exited Deutsche Bank (NYSE:DB) before its stock tumbled this month on news it might have to pay a large fine related to the financial crisis. While many maintain positions in other European banks as fear weighs ...
It’s Not Just Deutsche Bank. The Entire Financial Sector Is Sick
October 3rd, 2016
These are great times for financial assets — and by implication for finance companies that make and sell them, right? Alas, no. Just the opposite. Each part of the FIRE (finance, insurance, real estate) economy is imploding as “modern” ...
Gold slips on tapering safe-haven demand as Deutsche Bank worries ease
October 3rd, 2016
Gold edged lower on Monday on a firmer dollar and a gain in equities, with the yellow metal losing its safe-haven appeal as concerns about Deutsche Bank’s health eased. Spot gold dropped 0.1 percent to $1,314.50 an ounce by ...
Asian Stocks Rebound as Deutsche Bank Concern Ebbs; Pound Drops
October 3rd, 2016
German lender’s U.S. fine reported to be less than feared U.K.’s May says Brexit process to start by end of March Asian stocks rose and regional bonds fell as concern about Deutsche Bank AG’s finances eased after the lender ...
