Search Results for: Deutsche Bank
Deutsche Bank reports first quarter 2015 net income of EUR 559 million
April 27th, 2015
Group results Income before income taxes (IBIT) of EUR 1.5 billion, a decrease of 12% from 1Q2014 Core Bank IBIT, which excludes the Non-Core Operations Unit (NCOU), of EUR 1.9 billion, down EUR 360 million from the prior year ...
Deutsche Bank agrees to pay fines
April 23rd, 2015
Deutsche Bank has issued a press release to inform that: Deutsche Bank has reached a joint settlement with US and UK regulators over all of their remaining investigations into past submissions for interbank offered rates (IBOR) benchmarks. Read also: Deutsche Bank ...
Deutsche Bank fined £227 million by FCA
April 23rd, 2015
The Financial Conduct Authority (FCA) has handed Deutsche Bank AG (Deutsche Bank) a £227 million ($340 million) fine, its largest ever for LIBOR and EURIBOR-related (collectively known as IBOR) misconduct. The fine is so large because Deutsche Bank also ...
Deutsche Bank announced litigation costs
April 23rd, 2015
Deutsche Bank has issued a press release to announce: Approximately EUR 1.5 billion litigation cost in first quarter 2015 The majority of these litigation costs are not tax-deductible. Despite these costs Deutsche Bank will be profitable in the first ...
DFSA Fines Deutsche Bank AG for Serious Breaches
April 16th, 2015
The Dubai Financial Services Authority (“DFSA”), announced, that it has fined the DIFC branch of Deutsche Bank AG (“DBDIFC”), USD $8,400,000 (AED 30,849,000) for serious contraventions. Those contraventions include misleading the DFSA, failures in DBDIFC’s internal governance and systems ...
Deutsche Bank presents three ‘What if’ Grexit scenarios
March 24th, 2015
Here’s the three Deutsche Bank scenarios over “Grexit”: -Grexit Scenario 1: No contagion In the first scenario, Grexit occurs but has no contagion occurs – Grexit Scenario 2: Contagion In scenario 2, after a Grexit there would be an increase in volatility ...
Deutsche Bank statement regarding the Federal Reserve’s 2015 DFAST and CCAR results
March 12th, 2015
Deutsche Bank Bank (XETRA: DBKGn.DE / NYSE: DB) today responded to the announcement by the Board of Governors of the Federal Reserve (the Fed) of the 2015 results of the Dodd Frank Act Stress Test (DFAST) and Comprehensive Capital ...
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 ...
Deutsche Bank and Hewlett-Packard sign agreement
February 26th, 2015
Deutsche Bank and Hewlett-Packard (“HP”) today announced a ten-year, multibillion dollar agreement that will further modernise the Bank’s global information technology (IT) environment and aims to significantly reduce related IT infrastructure costs. Under the terms of the agreement, which ...
