Search Results for: Deutsche Bank
Regulator Investigates Controls at Deutsche Bank Commodities Unit
June 20th, 2014
Germany’s top financial regulator recently investigated internal controls at Deutsche Bank AG’s commodities unit, according to a person familiar with the probe. The regulator, BaFin, sent a letter to the bank outlining its findings in April, this person said. ...
Deutsche Bank Japan, SEC Whistleblower, Italy: Compliance
June 18th, 2014
Deutsche Bank AG’s Japanese securities unit entertained officials from 45 funds that manage public pensions, according to a report obtained by Bloomberg News, signaling that the potentially illegal practice was more widespread than regulators disclosed. Deutsche Securities Inc. spent ...
Deutsche Bank cap hike delay due to court bottleneck
June 5th, 2014
Deutsche Bank’s (DBKGn.DE) plans for an 8 billion euro ($11 billion) capital hike came to an abrupt halt on Wednesday when a procedural bottleneck in a German court forced Germany’s flagship lender to delay the issue by several days. ...
Deutsche Bank boosts finances with new capital
May 19th, 2014
Deutsche Bank AG says raising 8 billion euros ($11 billion) in new capital from investors will strengthen its finances as it faces tighter regulation and uncertain costs from litigation. Co-CEO Anshu Jain told analysts Monday that the fresh capital ...
Deutsche Bank’s Birmingham legal team is growing
May 16th, 2014
Deutsche Bank has appointed a new head of legal for its Birmingham office, charged with growing the department’s size and the range of business-critical advice it provides to the bank across Europe, Asia and Africa. Jonathan Marshall joined the ...
Deutsche Bank Attacks Basel Plan’s Threat to Repo Market
April 30th, 2014
Global banks from Deutsche Bank AG (DBK) to Credit Suisse Group AG (CS) are urging international regulators to rethink a liquidity rule they say risks harming the market for repurchase agreements and pushing up governments’ borrowing costs. Draft plans ...
Deutsche Bank Profit Beats Estimates on Trading Revenue
April 29th, 2014
Deutsche Bank AG (DBK), Europe’s largest investment bank by revenue, said first-quarter profit declined less than expected as trading revenue exceeded analysts’ estimates. Net income dropped 34 percent to 1.08 billion euros ($1.5 billion) in the three months through ...
Former Deutsche Bank Salesman Admits Bribery in Tokyo
April 22nd, 2014
Former Deutsche Bank AG (DBK) salesman Shigeru Echigo admitted to bribery charges in Tokyo and said he acted on instructions from his managers, as authorities push brokerages to be more judicious in entertaining clients. At the start of his ...
Deutsche Bank Said to Find Improper Communication in FX Case
April 10th, 2014
Deutsche Bank AG (DBK) put a London-based currency saleswoman on leave last month for inappropriate communication with the Monetary Authority of Singapore, a person familiar with the matter said. No other details on Kai Lew’s communications with MAS were ...
ICBC Standard Bank buys Deutsche’s London bullion vault – sources
January 11th, 2016
ICBC Standard Bank growing bullion footprint Chinese-South African lender looking to become bullion clearer ICBC Standard Bank is buying the lease on Deutsche Bank’s London gold and silver vault, enlarging its footprint in the city’s bullion market, four industry ...
