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.
UK consumers are at their most upbeat for nine years on the back of improving job prospects and low inflation, according to the latest report to suggest spending power is recovering.
A number of jobs are said to be on the line.
'I never had a losing quarter, never had a losing year'.
'He was the ringmaster; at the very centre'.
Goldman Sachs has named Kate Richdale and Andrea Vella as its new co-heads of investment banking in Asia excluding Japan, according to an internal memo seen by Reuters on Tuesday.
As many as seven top officials at UBS sold their shares at some of the best prices in years after the bank reached an agreement with U.S. prosecutors ending major legal threats.
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.
Hedge fund boss Paul Marshall is set to make a large donation to the campaign for the UK to leave the European Union.