Search Results for: Deutsche Bank's London
Deutsche Bank May Take $350 Billion Out of London Post-Brexit
July 26th, 2017
In the aftermath of the Brexit vote from a year earlier, German banking giant Deutsche Bank has been making plans to downsize its London operations. Now, the bank led by CEO John Cryan is reportedly thinking about moving an ...
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 ...
ICBC Standard Bank buys Deutsche’s London bullion vault – sources
January 11th, 2016
ICBC Standard Bank growing bullion footprint Chinese-South African lender looking to become bullion clearer ICBC Standard Bank is buying the lease on Deutsche Bank’s London gold and silver vault, enlarging its footprint in the city’s bullion market, four industry ...
Deutsche Bank’s Swiss Unit to Pay $31 Million in Tax Case
November 27th, 2015
U.S. has reached non-prosecution deals with 57 Swiss banks Firms have paid a total of $570.4 million in tax accords Deutsche Bank AG’s Swiss unit agreed to pay $31 million to receive a non-prosecution agreement in a U.S. probe ...
Deutsche Bank Moscow Faces Three Investigations Over Possible Money Laundering
July 17th, 2015
German banking giant Deutsche Bank is now undergoing three investigations into possible money-laundering at its Moscow branch after Britain joined the United States and the lender itself in probing suspect trades. The Financial Conduct Authority (FCA), Britain’s financial watchdog, ...
Deutsche Bank swings to €92m loss on legal costs
October 29th, 2014
Deutsche Bank swung to a loss in the third quarter because of higher legal costs to settle investigations. Germany’s largest lender posted a net loss of €92m ($117m; £72.6m) in the three months to September, compared to a profit ...
All Eyes are on the Bank of England; Pound Jumps vs Euro, Dollar
June 29th, 2017
Interest Rate Rise Ahead: British Pound Jumps v Euro, Dollar as Carney Joins Rush to the Exit Door of Extra-Loose Monetary Policy FX Rates 29-6-17: Pound to Dollar exchange rate today: 1.2962, week’s best: 1.2976, week’s low: 1.2706 Pound ...
Bundesbank publishes gold bar list
October 8th, 2015
On 7 October, the Deutsche Bundesbank published a list detailing its holdings of gold bars in custodian storage in Frankfurt am Main, London, Paris and New York. The list contains the bar numbers, melt or inventory numbers, the gross and ...
Bundesbank successfully continues relocate gold
January 19th, 2015
The Bundesbank successfully continued and further stepped up its transfers of gold last year. In 2014, 120 tonnes of gold were transferred to Frankfurt am Main from storage locations abroad: 35 tonnes from Paris and 85 tonnes from New ...
Top banks face wait for detail of new buffer to protect against bailouts
July 8th, 2014
According to a global banking regulator, details of a new buffer of bonds to shield taxpayers from having to rescue a big bank won’t become clear for at least a year or more. Lenders like Goldman Sachs, Deutsche Bank ...
