Search Results for: Deutsche Bank
German Deutsche Bank faced threat of bankruptcy
July 11th, 2016
Three years ago, there were reports about bankruptcy of Deutsche Bank, which is managing SOFAZ assets. This is caused by too much unsecured derivatives in the balance of the bank. Now, International Bank of Azerbaijan has started to speak ...
FINRA Fines Deutsche Bank Securities Inc. $6 Million
June 30th, 2016
The Financial Industry Regulatory Authority (FINRA) today announced it has fined Deutsche Bank Securities Inc. $6 million for failing to provide complete and accurate trade data in an automated format in a timely manner when requested by FINRA and ...
Deutsche Bank May Punish Employees for Personal Trade With Firm
May 20th, 2016
Bank: ‘transaction may have involved unacceptable conflicts’ Auditors estimate employees gained about $37 million, WSJ says Deutsche Bank AG halted bonus payments to a group of employees while examining whether they improperly traded with the firm. “We are reviewing ...
Deutsche Bank becomes latest currency dealer to lower its dollar forecast
May 13th, 2016
Deutsche Bank on Thursday became the latest major player in the global currency market to lower its expectations for the U.S. dollar. The call is a sign that Wall Street is coming around to the view that the Federal ...
Deutsche Bank CEO acquitted of fraud
April 27th, 2016
The co-CEO of Deutsche Bank has been acquitted of attempted fraud charges after a yearlong trial. Juergen Fitschen’s charges were linked to the bank’s long-running battle with the heirs of a now-deceased media mogul – ABC reports. The regional ...
Is Deutsche Bank’s Gold Manipulation The Main Scam Or Just A Side-Show?
April 18th, 2016
For years now, the easiest way to finesse a debate over whether precious metals markets are manipulated has been to say, “well, if they’re not manipulated they’re the only market that isn’t.” That was unsatisfying, though, because as the ...
Deutsche Bank AG pays $20,000 infringement notice penalty
April 13th, 2016
Deutsche Bank Aktiengesellschaft (“Deutsche Bank AG”) has paid a penalty of $20,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (“MDP”). The penalty was for Deutsche Bank AG failing to make the necessary enquiry through ...
Deutsche Bank opens innovation lab in Silicon Valley
April 7th, 2016
Deutsche Bank announced today that it has opened an innovation lab in Silicon Valley, with a launch event attended by its Co-Chief Executive John Cryan on Tuesday. The lab in Palo Alto will enable the Bank to evaluate emerging ...
Deutsche Bank just lost its prime position in a prominent investment banking league table
April 4th, 2016
Deutsche Bank is suffering — it lost £5.1 billion ($7.4 billion) in 2015, shares tumbled, it is cutting thousands of jobs to shore up costs, and some of its key businesses continue to suffer. So it comes as no surprise that ...
Deutsche Bank agrees to pay $4 mln for trading violations
March 31st, 2016
A Deutsche Bank AG unit will pay more than $4 million to settle allegations that it failed to properly report data on millions of options trades, according to a Financial Industry Regulatory Authority (FINRA) document. The alleged conduct between ...
