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Minister of Finance Amr El-Garhy announced, in a press statement on Monday, that four European banks were selected to promote and arrange the issuance of euro-dominated bonds this fiscal year (FY), adding that these banks are Deutsche Bank, BNP Paribas, Intesa Sanpaolo, and Standard Chartered. These banks are to issue euro-denominated bonds worth between €1bn …
Deutsche Bank’s mission expressed the bank’s optimism about the economic reforms taken by the Egyptian government
Egyptian authorities reached staff-level agreement with IMF on first review under $12bn EEF, says the Deutsche Bank Markets Research
Germany’s blue-chip share index has surged to a record as investors were relieved by the success of French presidential candidate Emmanuel Macron
Germany’s biggest lender, Deutsche Bank, has agreed to pay a fine of close to a hundred million dollars to settle a fraud case in connection with the bank’s use of a US shell company to avoid paying taxes.Preet Bharara, the US attorney for the Southern District of New York, announced Wednesday that Deutsche Bank had admitted to its actions designed to avoid taxes and agreed to pay $95 million (89.8 million euros) to the United States to account for this conduct.
Germany’s biggest lender reportedly plans to withhold millions in bonuses for former board members and demand the repayment of existing bonuses.
Germany’s biggest commercial lender has posted an unexpected profit in the third quarter as it struggles to avoid a multi-billion dollar fine in the US and amid nagging doubts about its capital reserves.
Shares of Deutsche Bank and Credit Suisse have been dropped from the prestigious Stoxx Europe 50 share index. Is European banking in decline? And if so, what are the factors that led to its current parlous state?
The once-proud Deutsche Bank is now threatening the global financial system. Things keep getting worse and worse, though Brexit offers a tiny glimmer of hope, writes DW’s Henrik Böhme.
Deutsche Bank, Santander have repeatedly failed the test in the wake of the 2008 financial crisis. But Deutsche Bank USA’s chief executive assured the public that its capital adequacy has “never been in doubt.”
Bank shares have been hit hard since the UK’s Brexit referendum. Two hedge funds homed in on Germany’s Deutsche Bank – betting huge sums of money on the large lender’s stock price dropping further.
A court has found six former Deutsche Bank employees guilty of enabling tax fraud within the carbon emissions certificate trading scheme. One of the bank’s former employees has received a three-year jail sentence.
Germany’s biggest lender has told its shareholders gathered for an annual meeting it’s not quite back to growth yet, but on its way. The bank’s investors, however, are angry about scandals and losses.
Seven major global banks have settled a lawsuit in the United States accusing them of market manipulation. They were suspect of colluding to rig the daily benchmark for interest rate exchange contracts.
Deutsche Bank hasn’t done enough to prevent its accounts from being misused to launder money, circumvent international sanctions or even finance terrorism, the UK’s financial regulatory agency has found.
A court in Frankfurt is looking into the role that suspended employees of Deutsche Bank played in a large-scale fraud scheme involving the trading of carbon permits. The trial is to continue until May.