Page 608 


Deutsche Bank pays $55m penalty

Sec Building

The Securities and Exchange Commission has charged Deutsche Bank with filing misstated financial reports during the height of the financial crisis that failed to take into account a material risk for potential losses estimated to be in the billions of dollars.



Deutsche Bank - External

Concern raised about Deutsche Bank's board

Deutsche Bank director Georg Thoma’s decision to step down after criticism that he went too far in probing potential wrongdoing raises concern that the bank’s board cannot investigate itself, according to a shareholder advisory group.