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Stock Market & Financial Investment News

News Breaks
December 5, 2012
17:32 EDTDBDeutsche Bank alleged to have hid $12B in losses, FT reports
Complaints made to the SEC by three former Deutsche Bank (DB) employees allege that the bank hid $12B in paper losses to avoid a government bailout, according to a Financial Times report. The report cites a statement from Deutsche that says the allegations are more than 30 months old and were made public in June 2011, adding that the bank will "continue to cooperate fully with the SEC's investigation of this matter." Reference Link
News For DB From The Last 14 Days
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August 28, 2015
06:28 EDTDBProsecutor wants to summon Murdoch, others in Deutsche Bank case, Reuters says
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August 27, 2015
18:02 EDTDBU.S. may prohibit Deutsche Bank, others from managing pensions, Bloomberg says
In correspondence dated mid-July, the U.S. Labor Department tentatively rejected requests from Deutsche Bank (DB), UBS (UBS), RBS (RBS) to manage U.S. pension funds, reports Bloomberg, citing letters between the organizations. Bloomberg notes that the Department could use the "threat of denial" to mandate stricter conditions on pension management. Reference Link
August 26, 2015
12:06 EDTDBDeutsche Bank traders questioned by SFO in Libor probe, Bloomberg says
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August 18, 2015
09:02 EDTDBDeutsche AWM acquires Wicker Park Commons shopping plaza
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06:49 EDTDBDeutsche Bank reorganizes FIC business, FT reports
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