LATEST

Deutsche Bank receives praise from regulator

Deutsche Bank - Foyer Bridge

German financial watchdog Bafin praised improvements at Deutsche Bank under chief executive John Cryan on Tuesday but a source close to the regulator said it was looking into money-laundering allegations involving bank clients in Russia.

BofA, Barclays profit when others decline in Russian deals

Flag of Russia

Investment banks earned the least since 2002 from Russian corporate deals last year as sanctions and low oil prices curbed transactions, according to the consultancy Freeman & Co. Domestic lenders garnered more than half of the commissions for the first time as international firms retreated.

HOT LIST

FEATURED

Deutsche Bank - Foyer Bridge

Deutsche Bank receives praise from regulator

German financial watchdog Bafin praised improvements at Deutsche Bank under chief executive John Cryan on Tuesday but a source close to the regulator said it was looking into money-laundering allegations involving bank clients in Russia.