Search Results for: Deutsche Bank AG
Ex-Deutsche Bank Trader Said to Sue U.K. FCA in Identity Spat
June 12th, 2015
Joerg Vogt, a former trading executive at Deutsche Bank AG, sued the U.K. financial regulator for indirectly identifying him in its Libor settlement with the bank, a person with knowledge of the case said. Vogt, the bank’s former director ...
New senior FX structure reinforces Saxo Bank’s currency expertise
June 11th, 2015
Saxo Bank announced today that Kurt vom Scheidt has been appointed Global Head of Foreign Exchange at Saxo Bank. Based in Singapore, Kurt vom Scheidt started at Saxo in 2008 and has been instrumental in successfully growing the FX ...
S&P Cuts Ratings on European Banks
June 10th, 2015
Deutsche Bank, RBS, Barclays are among the banks being downgraded Standard & Poor’s Ratings Services cut its credit ratings on several European commercial banks on Tuesday, saying it considers the prospect that the governments would provide extraordinary support to ...
Deutsche Bank probes $6 billion suspected money laundering
June 8th, 2015
Deutsche Bank AG (DBKGn.DE) is looking into possible money laundering transactions by some of its clients in Russia which could exceed $6 billion, a source familiar with the matter told Reuters on Friday. Transactions conducted over a period of ...
Deutsche Bank appoints John Cryan to succeed Jürgen Fitschen and Anshu Jain
June 8th, 2015
The Supervisory Board of Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) decided at an extraordinary meeting today to appoint John Cryan (54) to the position of Co-Chief Executive Officer, effective July 1, 2015. Mr. Cryan has been a member ...
Justice Department Readies New Bank Settlements
June 5th, 2015
Federal and state officials are preparing the next round of billion-dollar mortgage settlements involving U.S. and European banks Up to nine banks are in line for the next round of billion-dollar payments related to soured mortgages as federal and ...
New Bundesbank projection: German economy shows an upward trend
June 5th, 2015
The German economy has recovered more quickly than expected from the cyclical lull in the middle of last year and has returned to a growth path that is underpinned by both domestic and foreign demand. “Domestic economic activity is ...
Citigroup Hires Deutsche Bank’s Hayashi for Japan Markets
June 3rd, 2015
Citigroup Inc., the third-largest U.S. bank by assets, hired Kuniyoshi Hayashi from Deutsche Bank AG to head its Japanese markets and securities division. Hayashi will join Citigroup Global Markets Japan Inc. on Aug. 11 as a managing director and ...
RBS Seen Facing $4.5 Billion Tab to Settle U.S. Mortgage Lawsuit
May 27th, 2015
Royal Bank of Scotland Group Plc, Britain’s largest taxpayer-owned lender, could pay as much as $4.5 billion to resolve claims of misconduct in its handling of U.S. mortgage securities, according to Bloomberg Intelligence. RBS may be closer to JPMorgan ...
Citi keeps top spot in FX trading as European banks slump: poll
May 27th, 2015
European banks Deutsche Bank, Barclays and UBS have seen their market share in foreign exchange trading slump in the past year, as U.S. banks led by Citigroup (C.N) grabbed business, according to widely watched industry rankings. Citigroup kept its ...
