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Deutsche Bank faces sanctions over swap-data reports

Deutsche Bank - External

Deutsche Bank is facing sanctions after the U.S. Commodity Futures Trading Commission said the company violated multiple swap data reporting rules because of a system outage and had inadequate business continuity and disaster recovery plans.

Citi CEO urges patience

Michael Corbat

Earlier this year, an analyst asked Citigroup Chief Executive Michael Corbat what he would do if activist investors tried to shake things up after what seems like eons of underperformance.