The German bank's move to downsize comes due to falling profits. Deutsche Bank also plans to close several of its branches.
Federal authorities are also investigating whether Deutsche Bank failed to properly comply with anti-money-laundering regulations, according to the New York Times. While laid-off employees at ...
Not all of that money was necessarily dodgy ... Last month the Dutch bank ING was fined €775m over a laundering scandal. Last year Deutsche Bank paid a total of $630m to US and UK regulators ...
The fine is BaFin’s second highest on record, behind the €40mn penalty the regulator meted out to Deutsche in 2015 over shortcomings in the bank’s anti-money laundering controls. The bulk of the new ...
Deutsche Bank will give its asset management arm preferred access to private credit deals it originates, the companies said ...
(This guest post originally appeared at the author's blog) Deutsche Bank recently released their ... Reflation continues to work and money pours out of low risk assets and into high beta assets.
LONDON (Reuters) - Deutsche Bank shares jumped again on Thursday, bringing their gains to 17% in the two days since German political parties agreed a tectonic spending shift to revamp the military ...