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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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May 21, 2015
06:13 EDTDBDeutsche Bank announces co-CEO Jain to assume direct oversight of strategy
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May 19, 2015
06:15 EDTDBDeutsche Bank explores moving parts if UK leaves EU, Financial Times says
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May 18, 2015
19:20 EDTDBDeutsche Bank retail chief to quit after disagreement, Reuters says
Rainer Neske, Deutsche Bank's head of retail banking, is set to resign because he disagrees with the company's restructuring program, reports Reuters, citing unnamed industry sources quoted by Handelsblatt. Reuters notes that the restructuring involves selling the Postbank retail business, increasing investments in equities and wealth management, and divesting up to $169.65B in investment bank assets. Reference Link
06:58 EDTDBDeutsche Bank co-CEOs won't step down, Reuters reports
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May 14, 2015
06:04 EDTDBUnivision IPO could launch 'in weeks,' NY Post reports
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May 12, 2015
07:48 EDTDBStandard & Poor's to hold a summit
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May 11, 2015
07:14 EDTDBDeutsche Bank's head of structured finance leaving bank, Bloomberg reports
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