EghtesadOnline: Deutsche Bank AG employees may have manipulated internal indexes as part of an allegedly fraudulent scheme to help Banca Monte dei Paschi di Siena SpA conceal losses, according to an audit commissioned by German regulators.
EghtesadOnline: Eight months after Deutsche Bank AG settled a lawsuit claiming it manipulated gold and silver prices, documents it disclosed as part of the accord provide “smoking gun” proof that UBS Group AG, HSBC Holdings Plc, Bank of Nova Scotia and other firms rigged the silver market, plaintiffs claim.
EghtesadOnline: Mexican bank InvestaBank will stick to its plan to acquire Deutsche Bank assets in the country, saying it has been cleared in audits by local regulators after one of its partners was arrested in the United States.
EghtesadOnline: Iranian Deputy Oil Minister for International Affairs Amir Hossein Zamaninia said Germany’s Deutsche Bank has resumed its oil cooperation with Iran.
EghtesadOnline: Deutsche Bank AG, Germany’s biggest bank, is considering options such as scaling back U.S. operations as part of a wider overhaul to lower costs, according to several media reports.
EghtesadOnline: Deutsche Bank is studying a possible change of its strategy in the United States, where it is fighting a $14 billion fine the Department of Justice (DoJ) is requiring over the sale of toxic mortgage bonds before the financial crisis, two sources close to the company said on Saturday.
EghtesadOnline: Threatened with a multi-billion-dollar fine from U.S. regulators, Deutsche Bank's management is rethinking elements of its year-old strategic overhaul that has made faltering progress, people familiar with the matter said.
EghtesadOnline: Qatar’s royal family is considering increasing its stake in Deutsche Bank AG to as much as 25 percent, according to people with knowledge of the matter.
EghtesadOnline: Deutsche Bank is continuing to cut back the size of its derivatives book, which is not as risky as investors may believe, Chief Risk Officer Stuart Lewis told German weekly paper Welt am Sonntag.
EghtesadOnline: German Finance Minister Wolfgang Schaeuble said on Saturday that there has been too much talk about the fortunes of Deutsche Bank after the U.S. government said it would levy a $14 billion fine on the bank.