Dismissed Deutsche Bank staff exit as overhaul bites and stock dives
From Asia to the United States, disconsolate staff at Deutsche Bank dealt Monday with news of massive layoffs with some already heading to the exits to drown their sorrows. The German giant's share price fell to a low of €6.66 ($7.47) before closing down 5.4 ...
Deutsche Bank axes whole teams in Asia-Pacific as 18,000 job cuts begin
Whole teams in Deutsche Bank's Asian operations were told their positions were gone Monday, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis. The German bank launched the restructuring ...
Trump suit to block Deutsche Bank subpoenas put on hold amid appeal
The federal district judge who last week denied Donald Trump's request to block subpoenas to Deutsche Bank AG and Capital One Financial Corp. for financial records put the case on hold while the president appeals his ruling. U.S. District Judge Edgardo Ramos on Monday signed ...
America's $1.6 trillion student debt woe spurring suicidal thoughts: survey
The $1.6 trillion in U.S. student debt may not pose a direct threat to the economy, but it's causing anguish that goes far beyond financial concerns for the people who owe it. One in 15 borrowers has considered suicide due to their school loans, according ...
In escalating fight, Trump camp sues Deutsche Bank and Capital One over House subpoenas
President Donald Trump, his three oldest children and the Trump Organization have sued Deutsche Bank AG and Capital One Financial Corp to try to block them from responding to U.S. congressional subpoenas issued by Democrats seeking financial records. The lawsuit filed late Monday opens a ...
Deutsche Bank handing over Trump loan documents in New York probe, source says
Deutsche Bank has begun to provide documents on financing for some of President Donald Trump's projects to New York State authorities, a source familiar with the matter told AFP on Wednesday. In mid-March, New York Attorney General Letitia James subpoenaed the German bank, demanding records ...
Democratic lawmakers subpoena Deutsche Bank, other institutions as part of Trump probe
Democratic lawmakers investigating President Donald Trump's finances announced Tuesday they have issued subpoenas to several banks, including Deutsche Bank, as part of a probe into "potential foreign influence" in U.S. elections. The subpoenas were announced by the heads of the House intelligence and financial services ...
Looking beyond Mueller, Democrats cast investigative nets targeting Trump
Emboldened by their new majority, Democrats are undertaking several broad new investigations into President Donald Trump and setting the stage for a post-Robert Mueller world. Whether the special counsel's final Russia report is damning of the president or not, Democrats in charge of a half-dozen ...
The Democratic chairman of the U.S. House Intelligence Committee said on Sunday he was concerned that Special Counsel Robert Mueller may not be investigating President Donald Trump's ties to Deutsche Bank AG . U.S. Rep. Adam Schiff announced last week a wide investigation into attempts ...
Trump-Deutsche Bank links in sights of U.S. House investigators
Democrats now in control of the U.S. House of Representatives are working out which House panels will take the lead in investigating President Donald Trump's business ties to Deutsche Bank, lawmakers and aides familiar with the plans said. As the new Democratic House of Representatives ...
Deutsche Bank's German offices raided in money laundering case linked to Panama Papers
Some 170 police officers, investigators and prosecutors raided the German offices of Deutsche Bank on Thursday on the suspicion bank employees helped clients set up offshore companies in tax havens to launder hundreds of millions of euros. The investigation emerged from an analysis of documents ...
Ex-Deutsche Bank dealer joins cryptocurrency startup FXcoin Ltd. as strategist
A Japanese cryptocurrency startup founded by a Deutsche Bank AG veteran has hired another alumnus of the German lender to provide research on digital tokens. FXcoin Ltd., which is seeking regulatory approval to exchange virtual currencies including Bitcoin, recruited Yasuo Matsuda as a senior strategist. ...
