Search Results for: Deutsche Bank
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 ...
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 ...
Deutsche Bank, JP Morgan team up for US$818m CMBS deal
March 29th, 2016
Deutsche Bank and JP Morgan have teamed up for the first time since the crisis to underwrite a conduit commercial mortgage bond by themselves, according to investors and syndicate sources. The US$818m deal includes only loans made by Deutsche ...
Deutsche Bank and Bank of China implement interbank host-to-host platform for Bosch China
March 16th, 2016
Deutsche Bank and Bank of China today announced the implementation of an interbank host-to-host platform between the two banks to provide cash management services to Bosch China. With this solution, Deutsche Bank has become the first foreign bank in ...
Deutsche Bank and UBS lose bonus tax case
March 10th, 2016
The UK Supreme Court has ruled Deutsche Bank and UBS should pay taxes on bonuses paid to their investment bankers. The bonuses were paid to staff via offshore accounts in the form of shares to avoid attracting income tax ...
Deutsche Bank Buys Back Debt to Bolster Investor Confidence
March 1st, 2016
Bank has repurchased $740 million in dollar-denominated senior unsecured securities Deutsche Bank AG said on Monday it has so far repurchased $740 million in dollar-denominated senior unsecured securities in a buyback offer, part of a larger transaction aimed at shoring up ...
Deutsche Bank: It’s time to buy gold
February 29th, 2016
Gold is still expensive, but rising economic risks and market turmoil mean investors should buy it for insurance, Deutsche Bank said Friday. The recovery since the global and European financial crises had put theprice of gold under some pressure. The ...
