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Report - Deutsche Bank plans slimmer universal bank

Deutsche Bank - External

Deutsche Bank is focusing on plans for a slimmed-down universal bank as part of the management's strategic review where the group remains internationally engaged in most of its current activities but pulls out of unprofitable regions and business lines, newspaper Handelsblatt reported on Monday.

Wells Fargo banker sentence to 5 years

Prison Window

A federal judge on Friday sentenced a former Wells Fargo banker to five years in prison for his role in an insider trading ring that prosecutors said netted participants more than $11 million and garnered national attention.

New York judge says 'no' to Barclays

Statue Of Liberty

A New York judge on Friday rejected Barclays Plc's effort to dismiss state Attorney General Eric Schneiderman's lawsuit accusing it of defrauding clients about high-speed trading in its private 'dark pool' trading platform.

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