Search Results for: Deutsche Bank
Traders at Barclays and Deutsche Bank questioned over Euribor rigging
March 9th, 2015
The Serious Fraud Office (SFO) is questioning former traders from Barclays and Deutsche Bank over possible Euribor rigging. According to the FT, which spoke to sources close to the matter, they are being interviewed “under caution”. This means the UK fraud investigators ...
GT Nexus selects Deutsche Bank for global cash management
March 6th, 2015
Deutsche Bank today announced its appointment as a global cash management bank for GT Nexus, the world’s largest cloud-based business network and execution platform for global trade and supply chain management. Deutsche Bank’s international cash management platform now offers ...
BofA Executive’s Job Said Held Up by Deutsche Bank Probe
November 6th, 2014
Deutsche Bank AG (DBK)’s examination of how employees handled deals with the world’s oldest lender is preventing Michele Foresti from starting his new job at Bank of America Corp. (BAC), according to three people briefed on the matter. Foresti, who ...
U.S., UK regulators might settle Deutsche Bank Libor case this year
October 7th, 2014
U.S. and British regulators are in a plan to settle the Deutsche Bank AG (DBKGn.DE) Libor case in the next few months as they hope to extract major penalties from the bank for alleged manipulation of the benchmark interest ...
Currency trader of Deutsche Bank was dismissed for irregularities
September 22nd, 2014
A Deutsche Bank AG (DBK) currency trader was dismissed earlier this year after internal checks uncovered irregularities around how he recorded trades, the bank said. Andy Donaldson was suspended in June and dismissed shortly after, Sydney-based Adrian Cox, a ...
Brokers Battle Deutsche Bank Over Selling In-House Products
September 9th, 2014
Since the market collapse of 2008, scrutiny has intensified on the way large banks and securities firms treat their brokerage customers, particularly when it comes to steering them into the firms’ own products. One possibility raised in the 2010 ...
FCA fines Deutsche Bank with £4.7m
August 28th, 2014
Deutsche Bank AG London Branch (Deutsche) has been fined £4,718,800 by the Financial Conduct Authority (FCA) for incorrectly reporting transactions between November 2007 and April 2013. Deutsche failed to properly report 29,411,494 Equity Swap CFD (contracts for difference) transactions. ...
Goldman, Deutsche Bank Said Near Deal for National Bank of Greece Buyout Firm
August 6th, 2014
The private-equity units of Goldman Sachs and Deutsche Bank are nearing an agreement to purchase the buyout arm of National Bank of Greece SA. Goldman Sachs Asset Management and DB Private Equity are in talks to pay Greece’s largest ...
UBS, Deutsche Bank questioned by U.S. regulators on trading operations
July 29th, 2014
Germany’s Deutsche Bank (DBKGn.DE) and Switzerland’s UBS (UBSN.VX) were investigated by U.S. regulators, who are searching to find whether broker-run stock exchanges gave an unfair advantage to high-frequency traders. The investment banks, which said on Tuesday that they were ...
New York Fed Censured Deutsche Bank Over Inaccurate, Unreliable Financial Reporting
July 23rd, 2014
The Federal Reserve Bank of New York found several deficiencies in the way German lender Deutsche Bank AG’s (NYSE:DB) U.S. unit was reporting its financial data, which, according to a Wall Street Journal report Tuesday, the company had known ...
