Ex-Deutsche Bank Traders Convicted in LIBOR Rigging
"This isn't over," said the attorney for defendant Matthew Connolly.
GE Profits Plummet, But Hopeful Signs Appear
GE's second-quarter profits sank 30% from last year, but revenue was up, beating analyst expectations.
Deutsche Bank Announces Job Cuts; Chair Survives Removal Vote
Most of the cuts will be in Deutsche’s corporate and investment bank, in particular equities sales and trading personnel.
Will New Tax Law Uproot Overseas Financial Structures?
The TCJA may force some U.S. companies to reconsider their strategy of shifting profits to affiliates in low-tax jurisdictions.
Deutsche Bank Expects $1.8B Tax Act Writedown
Morgan Stanley, Darden Restaurants also report effects of the tax cuts.
Are Rising Dividend Payouts Backed By Cash?
“Firms are only capable of sustainably maintaining their dividend payouts provided they are generating sufficient free cash flow,” researchers contend.
Ex-Deutsche Trader Accused of RMBS Fraud
The bank's former head of subprime trading allegedly misrepresented the quality of securitized loans to protect Deutsche's bottom line and his own salary.
Fed Faults Deutsche Bank Laundering Controls
The bank agrees to pay $41 million for allowing "significant deficiencies" in its monitoring of billions of dollars in potentially suspicious transactions.
CFOs on the Move: Week Ending May 5
Deutsche Bank, Callaway Golf, Nordstrom, Essilor, CTG, Norfolk Southern, Marco Technologies, CMS Energy, Shake Shack, Hawkins
Deutsche Bank Fined Over Laundering Controls
A New York State regulator says the bank's deficient controls facilitated $10 billion in sham trades involving Russian investors.
Deutsche, Credit Suisse Settle MBS Cases for $12B
The settlements with U.S. authorities ease investor concerns over the impact of the MBS scandal on the shaky European banking industry.