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Stock Market & Financial Investment News

News Breaks
July 22, 2014
15:32 EDTDBNY Fed said Deutsche Bank U.S. unit reports 'inaccurate, unreliable,' WSJ says
In a letter sent to Deutsche Bank last December from the Federal Reserve Bank of New York, the regulator stated that its examination found that financial reports produced by the bank's U.S. unit were "inaccurate and unreliable" and that the firm's U.S. reporting structure required "wide-ranging remedial action," reported The Wall Street Journal. The issues "expose the firm to significant operational risk and misstated regulatory reports," according to the letter. 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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