Deutsche Bank has benefited from lower funding costs in part because investors confused it with Germany’s central bank, said Stefan Krause, a member of the company’s management board.
German banking regulator Bafin cleared former Deutsche Bank co-CEO Anshu Jain of misleading the Bundesbank about his knowledge of the company’s role in attempts to manipulate benchmark interest rates.
Euro zone countries on the verge of a default should draw on the private wealth of their citizens, according to Bundesbank.
The president of Germany's central bank has warned of rising levels of government debt on bank balance sheets and has called for a regulatory overhaul.
Germany’s Bundesbank is looking into allegations by former Deutsche Bank employees that the firm hid losses during the financial crisis, a person with knowledge of the matter told Bloomberg.