“The significant loss in our prime services business relating to the failure of a U.S.-based hedge fund is unacceptable.”
The supply-chain lender's filing follows the decision of Swiss funds that had invested in its securities to withdraw their support.
The company’s shares plunged after third-quarter results, but some analysts continue to like the stock.
Switzerland's second largest bank is following the lead of competitors in response to the country's monetary policy.
The SEC said ‘relationship hires’ allowed the bank to win millions in business in the Asia-Pacific region.
The bank is joining other companies that are writing down the value of their deferred tax assets in the wake of the U.S. legislation.
Companies' compensation for women doesn't reflect their performance levels or their impact on business results.
The settlements with U.S. authorities ease investor concerns over the impact of the MBS scandal on the shaky European banking industry.
The bank allegedly misrepresented it had attracted $7.6 billion in new wealth management business to meet performance targets.
Deutsche Bank 'is one of the most important net contributors to systemic risks in the global banking system,' the IMF said.
The bank is eyeing the capital markets' response to its largely unprecedented move of securitizing operational risks.
Credit Suisse accelerated its cost-cutting efforts as adverse market conditions led to a huge drop in revenue for the investment bank's global markets unit.
