Last week’s record £284.4m penalty imposed on Barclays for its part in the foreign exchange rate rigging scandal came just weeks after a £226.8m fine on Deutsche Bank The ... Read More
1. The Cyprus Securities and Exchange Commission (‘CySEC’) has notified the public that has imposed an administrative fine of €20.000 to Trademarker (Cyprus) Ltd for the infringement of the ... Read More
Traders allegedly breached anti-money-laundering rules Deutsche Bank AG said it has suspended several Moscow-based traders over allegedly breaching anti-money-laundering rules, adding to the list of legal woes at Germany’s largest lender. ... Read More
Citigroup Inc., Barclays PLC, J.P. Morgan Chase & Co. and Royal Bank of Scotland Group are expected to plead guilty to rigging foreign-currency exchange rates and pay billions in ... Read More
Bank of America Corp. agreed in March to pay a combined total of $315 million to settle lawsuits with Deutsche Bank AG and BNP Paribas Mortgage Corp. related to ... Read More
Suit over legacy-mortgage matters continues Morgan Stanley said on Monday that a continuing lawsuit with Deutsche Bank over legacy mortgage matters could cost it nearly $300 million. In April 2014, Deutsche Bank ... Read More
Investment is part of the German bank’s restructuring strategy, which aims to achieve annual savings of €3.5 billion by 2020. Deutsche Bank is to invest up to €1 billion ... Read More
Reaffirming commitment to being a leading global bank based in Germany Key decisions Deleveraging CB&S to build a more focused investment bank, with planned gross leverage reduction of approximately ... Read More
Group results Income before income taxes (IBIT) of EUR 1.5 billion, a decrease of 12% from 1Q2014 Core Bank IBIT, which excludes the Non-Core Operations Unit (NCOU), of EUR ... Read More
Deutsche Bank has issued a press release to inform that: Deutsche Bank has reached a joint settlement with US and UK regulators over all of their remaining investigations into past ... Read More
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