We are disappointed with the verdict. We will review the rational... by Deutsche Bank

We are disappointed with the verdict. We will review the rationale for it once it is published.

Deutsche Bank

Image Embed Code

Categorized in : Business

We came to the view it was overblown. It's not a fraud. by Deutsche Bank

We came to the view it was overblown. It's not a fraud.

Based on Deutsche Bank current knowledge and the results of the extensive searches that have already been conducted, Deutsche Bank has in Deutsche Bank current knowledge possession tax returns.

As we said at the AGM on May 23, Deutsche Bank is working on measures to accelerate its transformation so as to improve its sustainable profitability. We will update all stakeholders if and when required.

At no time was an investigator prevented from escalating activity identified as potentially suspicious. Furthermore, suggestion that anyone was reassigned or fired in an effort to quash concerns relating to any client is categorically false.

At no time was an investigator prevented from escalating activity identified as potentially suspicious, furthermore, the suggestion that anyone was reassigned or fired in an effort to quash concerns relating to any client is categorically false.

Deutsche Bank is engaged in a productive dialogue with the House Financial Services and Intelligence committees, we remain committed to providing appropriate information to all authorized investigations in a manner consistent with our legal obligations. If you have questions concerning the investigative activities of the committees, we would refer you to the committees themselves.

(This is) not the most straightforward transaction as Xerium's leverage is high and financial restructuring is required, but assets like this do not come by easily in a late-cycle stock market, we think Andritz could be a very beneficial long-term owner of this business.

We do not see increased fluctuation in the core areas of the bank, europe is the region in which we want to expand our market position. Here we want to grow and gain market share. Especially in Europe, we are the first choice for many investment bankers.

Another $5/barrel increase in oil will be enough for U.S. 10-year yields to threaten 3 percent. Oil is now at the cusp of levels where higher prices will spark greater FX and broader asset market volatility.

This (denial) still leaves a fair bit of wiggle room in terms of communication and is not as hawkish as first read of headline would suggest.

The increase in the event type 'External Fraud' is caused by a pr... by Deutsche Bank

The increase in the event type 'External Fraud' is caused by a provision for equity trading fraud.

We are reviewing a transaction that may have involved unacceptable conflicts of interest when structured in 2009.

Fitschen will continue to work closely with the Management Board and with the leaders of all businesses and regions.

In 2011 we responded to a related inquiry made by (Italian market regulator) Consob, and we provided information and relevant documents at that time.

A sustainable rise in OPEC production may be just around the corner, and ... the rally may pause, maintenance in the UAE at fields ... is scheduled to end in April, implying a rise from current production of 2.73 million barrels per day (bpd) to the previous 2.91 million bpd production rate in May.

Chinese oil demand growth, the largest single contributor to world oil demand growth, may begin to flatten more quickly than some long-term projections indicate, this could result in world oil demand growth falling from its 2000-2016 trend of 1.1 million bpd year-on-year to only 800,000 bpd ... by 2024.

Bafin does not see the need to take further action against the bank or former and current members of the management board with respect to the closed special audits.

It is still impossible to determine what the ongoing top line trends will look like or when they will recover.

Any re-engagement with Iran will take place in several stages and will require updates to policies, procedures, systems and controls as well as ongoing communication with regulators and correspondent banks.

The plan is based on the elimination of the Deutsche Bank common share dividend for the fiscal years 2015 and 2016.