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Deutsche Bank said to have mismarked 37 loans

Deutsche Bank - External

Deutsche Bank, indicted for colluding with Banca Monte dei Paschi di Siena SpA to conceal the Italian lender’s losses, mismarked the transaction and dozens of others on its own books, according to an audit commissioned by Germany’s regulator.


Sec Building

Ex-Morgan Stanley trader fined and suspended

Nicholas Michael Bonacci, a former mortgage-bond trader at Morgan Stanley, was fined by the Securities and Exchange Commission and suspended from the industry for a year for misleading customers about the value of the securities they were buying, causing them to pay more.


Bloomberg Square Mile Relay

Wells Fargo new chief gets off to tricky start

Tim Sloan had a rocky Wall Street debut as Wells Fargo’s chief executive officer, announcing a drop in profit and frustrating analysts hungry for information on the consumer banking scandal that prompted his appointment.