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Deutsche Bank sued for $3bn

Courtroom Gavel

Deutsche Bank was sued in Florida by a Jewish charitable trust that claims the firm wrongly withheld as much as $3 billion from the heirs to a wealthy German family.


James Gorman Pic

Morgan Stanley CEO not a fan of getting rid of Dodd-Frank

Morgan Stanley chief James Gorman told CNBC on Thursday that elements of the Dodd-Frank Wall Street Reform Act need to be "curtailed," but he's not in favor of scrapping all the regulations, which were drawn up in the aftermath of the Great Recession.