Deutsche Bank Archives - CFO

Deutsche Bank Fined $132M Over Bribery Schemes

Risk & Compliance

Deutsche Bank Fined $132M Over Bribery Schemes

U.S. authorities say the scandal-plagued bank made improper payments to politically-connected intermediaries to secure business overseas.

By Matthew Heller | January 11, 2021

Deutsche Bank Slashing 18K Jobs as Part of Massive Restructuring

Deutsche Bank Slashing 18K Jobs as Part of Massive Restructuring

Deutsche Bank CEO: "Saying goodbye to Wall Street is absolutely the wrong assessment."

By Vincent Ryan | July 8, 2019

Ex-Deutsche Bank Traders Convicted in LIBOR Rigging

Ex-Deutsche Bank Traders Convicted in LIBOR Rigging

"This isn't over," said the attorney for defendant Matthew Connolly.

By William Sprouse | October 18, 2018

GE Profits Plummet, But Hopeful Signs Appear

Accounting & Tax

GE Profits Plummet, But Hopeful Signs Appear

GE's second-quarter profits sank 30% from last year, but revenue was up, beating analyst expectations.

By William Sprouse | July 20, 2018

Deutsche Bank Announces Job Cuts; Chair Survives Removal Vote

Risk & Compliance

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.

By William Sprouse | May 24, 2018

Will New Tax Law Uproot Overseas Financial Structures?

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.

By John Hintze | May 15, 2018

Deutsche Bank Expects $1.8B Tax Act Writedown

Deutsche Bank Expects $1.8B Tax Act Writedown

Morgan Stanley, Darden Restaurants also report effects of the tax cuts.

By David Katz | January 8, 2018

Are Rising Dividend Payouts Backed By Cash?

Working Capital

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.

By David Katz | January 3, 2018

Ex-Deutsche Trader Accused of RMBS Fraud

Risk & Compliance

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.

By Matthew Heller | September 12, 2017

Fed Faults Deutsche Bank Laundering Controls

Risk & Compliance

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.

By Matthew Heller | May 31, 2017

CFOs on the Move: Week Ending May 5

CFOs on the Move: Week Ending May 5

Deutsche Bank, Callaway Golf, Nordstrom, Essilor, CTG, Norfolk Southern, Marco Technologies, CMS Energy, Shake Shack, Hawkins

By Joan Urdang | May 5, 2017

Deutsche Bank Fined Over Laundering Controls

Risk & Compliance

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.

By Matthew Heller | January 31, 2017

Deutsche, Credit Suisse Settle MBS Cases for $12B

Risk & Compliance

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.

By Matthew Heller | December 23, 2016

Fitch Keeping ‘Negative’ Eye on Deutsche Bank

Financial Performance

Fitch Keeping ‘Negative’ Eye on Deutsche Bank

The credit rating agency says the bank's debt may need to be downgraded as it struggles with a sluggish business environment.

By Matthew Heller | November 4, 2016

Deutsche Bank Faulted Over Research Policies

Risk & Compliance

Deutsche Bank Faulted Over Research Policies

The SEC fines the bank $9 million for failing to prevent improper communications between analysts and customers.

By Matthew Heller | October 13, 2016