Shares in Deutsche Bank, Germany’s largest bank, took a dive after news that the institution faces a $14bn (£10.5bn) charge over mis-selling mortgage securities in the US.
Let bygones be bygones? Not if Elizabeth Warren has anything to say about it.
Britain’s boardroom bosses have been warned they face a clampdown on bonuses and scrutiny over their pay, in the latest sign that Theresa May’s promise to reduce corporate excess is being heeded by City fund mangers.
Congressional leaders step up the heat on the San Francisco bank in the wake of fake account revelations.
If you’re a bank with a stock market value of €18bn (£15.4bn), a potential $14bn (£10.5bn) penalty is deadly serious.
More heated calls to break up big banks.
Bridgewater Associates, the world’s largest hedge fund by assets, announces a firm-wide “renovation” that will include employee layoffs.
Jeremy Stoler, a director in the commercial mortgage division of Credit Suisse's asset finance group, has left the bank, according to three people familiar with the situation.
The Wall Street Journal reported that the Justice Department has suggested that the bank pay $14 billion to settle the cases.
mortgage securities probe
As the market sorts out who will benefit and who will not during a Donald Trump administration, count one in the winner's bracket: Banks.
We thought it would be interesting to republish something we first posted a few years ago about the impact of not making the grade at Partner Managing Director level over at Goldman Sachs.
It's Goldman partner time.