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Trump turns to U.S. Supreme Court as last chance to keep his finances secret

World / Crime & Legal Dec 6, 2019

Trump turns to U.S. Supreme Court as last chance to keep his finances secret

President Donald Trump on Thursday asked the U.S. Supreme Court to keep his financial records out of the hands of a Democratic-led congressional panel, setting up a major clash between branches of government. Trump turned to the justices after the U.S. Court of Appeals for ...

Business Oct 11, 2019

Deutsche Bank tells New York court it does not hold Trump's tax returns

Deutsche Bank said in a letter to a U.S. court that it does not hold copies of U.S. President Donald Trump's tax returns, the 2nd U.S. Circuit Court of Appeals said on Thursday. Trump has appealed against the release by the German lender of banking ...

Banks with assets totalling $47 trillion adopt new U.N.-backed climate principles

Business Sep 23, 2019

Banks with assets totalling $47 trillion adopt new U.N.-backed climate principles

Banks with more than $47 trillion in assets, or a third of the global industry, on Sunday adopted new U.N.-backed "responsible banking" principles to fight climate change that will shift their loan books away from fossil fuels. Deutsche Bank, Citigroup and Barclays were among 130 ...

Deutsche Bank says records sought in Trump congressional probe include tax returns, without elaborating

World / Crime & Legal Aug 28, 2019

Deutsche Bank says records sought in Trump congressional probe include tax returns, without elaborating

Financial records related to U.S. President Donald Trump and three of his children that congressional Democrats have requested from Deutsche Bank AG include tax returns, the bank disclosed in a court filing on Tuesday. Two committees in the U.S. House of Representatives subpoenaed Deutsche Bank ...

Deutsche Bank axes whole teams in Asia-Pacific as 18,000 job cuts begin

Business Jul 8, 2019

Deutsche Bank axes whole teams in Asia-Pacific as 18,000 job cuts begin

by Paulina Duran and Sumeet Chatterjee

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

World / Crime & Legal May 29, 2019

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

Business / Economy May 6, 2019

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

Business May 1, 2019

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 ...

Democrat Rep. Adam Schiff questions if Robert Mueller is being kept from probing Trump-Deutsche Bank link

Business Feb 11, 2019

Democrat Rep. Adam Schiff questions if Robert Mueller is being kept from probing Trump-Deutsche Bank link

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

World Jan 18, 2019

Trump-Deutsche Bank links in sights of U.S. House investigators

by Mark Hosenball and Ginger Gibson

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 ...

Business / Corporate Sep 3, 2018

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. ...

Business / Corporate Mar 13, 2018

Nippon Life to acquire 5% stake in Deutsche Bank unit and send representative to join new board

Nippon Life Insurance Co. said Monday it has inked a deal with Germany's Deutsche Bank to acquire a 5 percent stake in the company's asset management unit. The Japanese life insurer, hoping to boost its asset management business, is expected to invest around ¥40 billion ...

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