Search Results for: Deutsche Bank AG
Seven big investment banks in UK paid just $30 million tax in 2014
December 29th, 2015
Seven of the biggest investment banks operating in London paid little or no tax in Britain last year, despite reporting billions of dollars in profits, a Reuters analysis of corporate filings shows. In recent months, the seven investment and ...
Deutsche Bank to sell its stake in a Chinese Bank for Billions
December 29th, 2015
Deutsche Bank announced today that it has agreed to sell its entire 19.99% stake in Hua Xia Bank to PICC Property and Casualty Company Limited for a consideration of RMB 23.0 to 25.7bn subject to final price adjustment at ...
Commerzbank sues BNY Mellon, Wells Fargo, HSBC over mortgage losses
December 28th, 2015
Commerzbank AG has sued four banks in the United States, claiming that they failed to properly monitor billions of dollars in toxic mortgage-backed securities acquired by the German lender before the 2008 financial crisis. Bank of New York Mellon ...
Deutsche Bank Tally of Suspect Russia Trades Said at $10 Billion
December 22nd, 2015
Beyond mirror trades, $4 billion in transactions were flagged Regulators said to have received review results in September Deutsche Bank AG has identified as much as $4 billion in suspicious transactions related to its Russian operations, in addition to ...
German Regulator to Publish Deutsche Bank Libor Report in January ‘At the Earliest’
December 14th, 2015
Germany’s financial markets regulator, BaFin, is likely to publish its final report about its findings over the key reference rate Libor manipulation scandal at the beginning of January at the earliest, according to two people with knowledge of the matter. Accusations ...
Japan securities watchdog seeks penalties against Deutsche Securities
December 8th, 2015
Japan‘s securities watchdog recommended on Tuesday that Deutsche Bank‘s brokerage unit be punished after it provided information about a Japanese company to clients ahead of an earnings release. The Securities and Exchange Surveillance Commission said Deutsche clients were encouraged ...
Deutsche Bank launches maxblue robo-advisor
December 7th, 2015
AnlageFinder robo-advisor for experienced and first-time investors / development in cooperation with fintech fincite / maxblue app for mobile securities trading maxblue, Deutsche Bank’s online investment platform, is expanding its services to include the AnlageFinder robo-advisor. The robo-advisor uses ...
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 ...
Big banks accused of interest rate-swap fixing in U.S. class action suit
November 26th, 2015
A class action lawsuit, filed Wednesday, accuses 10 of Wall Street’s biggest banks and two trading platforms of conspiring to limit competition in the $320 trillion market for interest rate swaps. The class action lawsuit, filed in U.S. District Court ...
Deutsche Bank tests password-free mobile security
November 23rd, 2015
Deutsche Bank is experimenting with new antifraud technology that uses the way you handle and hold your phone to work out if you are really you. The bank hopes the system will free customers from passwords and allow it ...
