• The Other Shoe Drops on Retail Banking

    Since the meltdown of 2008, many banks, officials and products have come under the scrutiny of domestic and international regulators.

  • FBI’s Currency Probe Enters Germany

    Agents from the United States’ Federal Bureau of Investigation interviewed Deutsche Bank (AG) trader Robert Wallden yesterday as part of the agency’s probe into currency market manipulation. During the interview, Wallden was shown snippets of electronic communications where he indicated that he thought he could move currency market prices.

  • Europe’s Largest Bank Watches Profit Slide 94 Percent

    Deutsche Bank AG, Europe’s largest bank by revenue, reported its third-quarter profit fell by 94 percent. Much of the loss occurred when the bank had to set aside 1.2 billion euros ($1.65 billion) for legal costs associated with subprime mortgage litigation.