Deutsche Bank Sets Aside Another $1.1 Billion for Legal Costs
The bank is among the institutions accused of manipulating benchmark interest rates.
View ArticleJust 13 Banks Fail E.C.B. Stress Test, in Possible Economic Turning Point
The European Central Bank said of the 130 banks it reviewed, only 13 lacked sufficient capital to withstand a severe crisis. But some analysts question the rigor of the exam.
View ArticleResults of Stress Tests Don’t Guarantee Better Economic Health for Eurozone
The vast majority of banks in the eurozone are solid enough to survive a crisis, but only a minority are in a position to increase lending and help the eurozone avoid slipping back into recession.
View ArticleDeutsche Bank Announces Management Shakeup on Eve of Earnings Report
Stefan Krause, the chief financial officer, will shift to another position within the bank and Marcus Schenck, a Goldman Sachs partner, will be his replacement, the bank confirmed late Tuesday.
View ArticleDeutsche Bank Posts $117 Million Loss as Legal Costs Mount
Earnings at Germany's largest bank had been expected to suffer after it said last week that it had set aside an additional $1.1 billion to cover legal costs.
View ArticleFamiliar Clouds Still Shadow Deutsche Bank
The costs of litigation and regulation are still weighing on Deutsche Bank, and investors remain to be convinced that it has made the right call on fixed income, currencies and commodities, George Hay...
View ArticleTheme in Big Banks’ Latest Earnings Reports: Legal Costs
This time, regulators have the opportunity to rope in all the major players at once, Antony Currie of Reuters Breakingviews writes.
View ArticleFinancial Stability Board to Propose Stricter Capital Rules for Global Banks
The plan would require global systemically important banks to hold twice as much capital, 6 percent, as required by Basel III rules.
View ArticleAs Currency Settlement Draws Near, Barclays Gets Cold Feet
The next phase of the case will most likely present a greater test to the banks, as the focus shifts to criminal investigations and individual liability.
View ArticleU.S. Accuses Deutsche Bank of Skirting Millions in Back Taxes
Prosecutors accuse the bank of a “scheme to evade” paying tens of millions of dollars in capital gains taxes in the sale of stock shares.
View Article10 Wall Street Firms Fined Over Conflicts in Toys ‘R’ Us I.P.O.
Finra fined the firms $43.5 million, saying they implicitly or explicitly offered favorable research coverage in return for a role in a planned I.P.O.
View ArticlePredictions, Pet Peeves and Random Musings From Davos
Bankers and other attendees at the World Economic Forum offer their thoughts on regulation, oil prices and quantitative easing by the European Central Bank, among other subjects.
View ArticleDeutsche Bank Posts a Profit, Upending Predictions of a Loss
Increased uncertainty in global financial markets prompted clients to do more trading, generating more fees for the bank.
View ArticleGerman and British Regulators Examining Deutsche Bank’s Controls and Reporting
A year after the New York Fed raised questions, the inquiries are the latest to examine reporting procedures at one of Europe’s largest lenders.
View ArticleEuropean Authorities Fine ICAP $17 Million in Libor Investigation
ICAP said the Europe Commission’s accusations related to activity that was the subject of separate settlements with American and British regulators.
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