Deutsche bank ag provided records to special prosecutor robert muellers investigation after receiving a subpoena several weeks ago according to a person briefed on the matter. Theres a troubling story out this morning at bloomberg news indicating that the federal reserve is examining how deutsche bank ag handled billions of dollars in suspicious transactions from denmarks leading lender danske bank according to people familiar with the matter further.
First there were the raids at deutsche bank ags headquarters then came the global market selloff.
Deutsche bank news now. Once again donald trump is going toe to toe with his banker. Deutsche bank hq raided by police in money laundering probe several documents were seized after police officers and tax inspectors raided six deutsche offices. Deutsche bank ag german pronunciation.
Dte bank age is a german multinational investment bank and financial services company headquartered in frankfurt germany. Trumps long and winding history with deutsche bank could now be at the center of robert muellers investigation. Deutsche bank a major backer of trumps mammoth new condominiumhotel tower in downtown chicago is demanding the real estate mogul.
The bank is operational in 58 countries with a large presence in europe the americas and asia. As of april 2018 deutsche bank is the 15th largest bank in the world by total assets. Deutsche bank db reported net loss of 409 million 4671 million in fourth quarter 2018 compared with a loss of 24 billion in the year ago quarterthe bank incurred loss before taxes of.
Senior executives including mark fedorcik co president of the investment bank have sought to retool the bonuses after the share price slid. Deutsche bank rejects reinvigorating retention bonuses. Deutsche bank ag stock price stock quotes and financial overviews from marketwatch.
And the flow of bad news for chief executive officer christian sewing is far from over.