Deutsche Bank

Feds Sue BofA, JPMorgan, Others Over Toxic Mortgage Bonds

AP | Posted 05.22.2012

Read More: Federal Deposit Insurance Corp., Fdic, Mortgage Securities, Bank of America, Mortgage Crisis, Royal Bank of Scotland, Hsbc, Deutsche Bank, Ubs, JPMorgan Chase, Video, Credit Suisse, Strategic Capital Bank, Citizens National Bank, Fdic Sues, Ap, Citigroup, Business News

WASHINGTON (AP) — The government has sued several big banks over toxic mortgage securities they issued that were bought by two small Illinois banks ...

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Dimon On Trading Loss: 'It's An Embarrassment, It's A Black Mark'

AP | PALLAVI GOGOI | Posted 05.22.2012

Read More: Deutsche Bank, Jpmorgan Trading Loss, JPMorgan Chase, Video, CEO Jamie Dimon, Stock, Jpmorgan, JPMorgan Stock, Stock Repurchase, Jamie Dimon, Ap, Economic Downturns, Business News

NEW YORK (AP) — JPMorgan Chase is suspending plans to buy back its own stock, a little over a week after the bank posted a large trading loss. ...

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Bank To Pay Hundreds Of Millions To Settle Claims Of Reckless Lending

Reuters | Posted 05.11.2012

Read More: Deutsche Bank, Federal Housing Administration, Allied Home Mortgage Corp, Foreclosure Crisis, Video, Mortgage Settlement, False Claims Act, Reuters, Mortgage Crisis, Department of Justice, Foreclosure, Mortgageit, U.S. Department of Housing and Urban Development, Citigroup, Business News

* One of biggest US lawsuits over risky home loans * HUD incurred losses when some of the loans defaulted * Damages to b...

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Spanish Economy In 'Crisis Of Huge Proportions'

Reuters | Posted 04.28.2012

Read More: Deutsche Bank, Video, Economic Slump, Unemployment, Foreign Minister Jose Manuel Garcia-Margallo, Standard and Poor's, Reuters, BBB+ Rating, Jobs, Spain, Austerity Measures, Fitch, Downgrades, Moody's, Austerity, Business News

* S&P downgrades Spanish government debt * Unemployment rate rises more than expected * Retail sales continue to sli...

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Farcebook: A Stratospheric Valuation

Mitch Feierstein | Posted 04.26.2012

Read More: Facebook, Mark Zuckerberg, Nasdaq, Goldman Sachs, Bank of America, JPMorgan Chase, Morgan Stanley, Entertainment, Tech Bubble, Credit Bubble, Business News, Technology, Google, Deutsche Bank, Merrill Lynch, Citigroup, Business News

Those valuations are dizzyingly high. They'd be justified only if the company's top line was growing exceptionally fast, if its bottom line were growing equally fast, and if the risks to the company's business model were modest and controllable. Not one of those things is true.

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How to Ride a Subway: The Magical Mystery of Martin Wilner

Alexander Adler | Posted 04.24.2012

Read More: Darren Aronofsky, Deutsche Bank, Martin Wilner, Art, Sperone Westwater Gallery, Drawing, Contemporary Art, Chelsea Art, Arts News

So what if each and every commuter became so productive? Imagine the challenge of focusing and drawing on a crowded subway during rush hour. Each of us has been bumped, grinded against, ridiculed by a passerby moonlighting as a diva, or serenaded by a vet.

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Whistleblower Says Bank Harassing 'The Living Hell' Out Of Her

The Huffington Post | Alexander Eichler | Posted 03.29.2012

Read More: Foreclosures, Deutsche Bank, Foreclosure Crisis, Video, Robo-Signing, Lynn Szymoniak, Florida Foreclosures, Foreclosure, Florida, Home Foreclosures, Business News

Lynn Szymoniak may have just won $18 million for uncovering massive, systemic foreclosure fraud. But that doesn't mean her troubles are over. Szymo...

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This Guy Was Fined For Not Cutting The Grass Of A Home He Was Kicked Out Of

The Huffington Post | Harry Bradford | Posted 03.03.2012

Read More: Deutsche Bank, U.S. Bank, Foreclosure Crisis, General Services Administration, Video, Stonington, Bellows Falls, Blight Ordinance, NY Daily News, Foreclosure, Arlington, Property Maintenance Fees, Rocky Hill, CBS 11, Business News

Mowing the lawn may be an awful chore, but imagine having to pay a fine for not cutting the grass of a house from which you were evicted. David Eng...

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The 99% Takes AIG to Court

Laura L.M. Hill | Posted 04.18.2012

Read More: Deutsche Bank, Michael J. Aguirre, Goldman Sachs, Aig, Whistleblowers, Lawsuit, New York News

In May, the first "whistleblower" lawsuit was unsealed, naming AIG, Goldman Sachs and Deutsche Bank as defendants. Following motions to dismiss by the defendants, oral argument has been set. What does this mean?

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Is the European Central Bank Playing With Fire?

Georges Ugeux | Posted 04.13.2012

Read More: Deutsche Bank, Euribor, European Banks, Mario Draghi, Europe, European Central Bank, Josef Ackermann, European Debt Crisis, European Debt, European Central Bank Loans, Business News

Never in the history has so much money been poured in the direction of banks, most of which don't need it. It is becoming clear that European banks will use it, not to boost the economy, but to manage their balance sheet.

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SEC May Target Big Banks In Lawsuit Over Mortgage-Backed Securities

The Huffington Post | Alexander Eichler | Posted 02.09.2012

Read More: Deutsche Bank, Goldman Sachs, Merrill Lynch, JPMorgan Chase, Video, Housing Bust, Subprime Mortgages, Housing Crash, Subprime Mortgage Crisis, Ally Financial, Bank of America, Mortgage Crisis, Mortgage-Backed Securities, Housing Crisis, Citigroup, Business News

Regulators may be preparing a lawsuit against some of the country's largest banks in order to probe their role in the acceleration of the financial cr...

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Major Bank Struggles After U.S. Tax Probe

Reuters | Posted 04.10.2012

Read More: Layoffs, European Debt Crisis, Deutsche Bank, Goldman Sachs, Ubs, Video, Credit Suisse, Jpmorgan, Reuters, Euro Zone, U.S. Tax Probe, Financial Regulation, Business News

(Refiles to fix headline) * Q4 net loss 637 mln Sfr vs 430 mln Sfr net profit in poll * Q4 includes 981 mln Swiss francs...

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Eurozone Crisis Hits Major Bank

AP | By DAVID McHUGH | Posted 02.02.2012

Read More: Deutsche Bank, Deutsche Bank Eurozone Crisis, Video, Deutsche Bank Profits, Deutsche Earnings, Deutsche Bank Earnings, Deutsche Profits, Business News

FRANKFURT, Germany -- The eurozone debt crisis took its toll on Germany's Deutsche Bank and its investment banking businesses, sending fourth-quarter ...

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Alinsky, Foreclosures and Holding Banks Accountable

Sanford D. Horwitt | Posted 04.01.2012

Read More: Alexander Von Hoffman, Foreclosures, JP Morgan Chase, Sherman Park, U.S. Bank, Marshall Field III, Nsp, Wells Fargo, Industrial Areas Foundation, Common Ground, Neighborhood Stabilization Program, Rules for Radicals, Josef Ackermann, Deutsche Bank, Bank of America, Michael Murphy, Saul Alinsky, Politics News

Memo to the Obama Administration: if you want to see the makings of a national model to hold big banks accountable for fixing foreclosure-devastated neighborhoods, go to Milwaukee and talk to citizen leaders who are practicing what Saul Alinsky preached.

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SEC Probes Deutsche Bank's 'Crap' CDOs

HuffingtonPost.com | Marcus Baram | Posted 01.30.2012

Read More: Regulation Blog, Watchdog Blog, Fda, Charles Wyly, START CDO, Deutsche Bank, Deutsche Bank CDO, Thewatchdog, Freddie Mac, FDA Fees, Regulatory Blog, Consumer Financial Protection Bureau, Loreley Deutsche Bank, Sec, Deutsche Bank SEC, Regulation Watchdog, Securities and Exchange Commission, Business News

The Securities and Exchange Commission investigates a Wall Street behemoth over claims that it assembled and sold a package of subprime mortgage-backe...

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Double Down: Banks Seek New Way To Profit From Foreclosure Mess

HuffingtonPost.com | Janell Ross | Posted 12.28.2011

Read More: Deutsche Bank, Ubs, Surplus Property, Federal Housing Finance Agency, Fortress Investment Group, Foreclosure, Federal Plan for Foreclosures, Barclays Capital, Household Wealth, Business News

Banks helped create the housing crisis, and now they're seeking a new way to profit from it. As Bloomberg reported Monday, several financial and inves...

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With Metlife Deal, GE Takes On $7.5 Billion In Consumer Banking Deposits

Posted 12.27.2011

Read More: Consumer Banking, Deutsche Bank, General Electric, Wall Street, Wachtell Lipton Rosen & Katz, Metlife, GE Capital, Federal Reserve, Online Banking, Retail Banking, Big Banks, Banking Industry, Banking Sector, Ge, Video, Business News

(BEN BERKOWITZ and TANYA AGRAWAL, Reuters) - General Electric Co jumped into the retail deposits business on Tuesday, buying the online bank fro...

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ECB Action Not Enough Save European Banks From S&P Downgrade Threat

Posted 12.23.2011

Read More: European Debt Crisis, Deutsche Bank, Unicredit, Credit Ratings, Video, BNP Paribas, Credit Downgrade, Standard and Poor's, Societe Generale, Euro Zone, Credit Rating Agencies, European Central Bank, Business News

The half a trillion euros the European Central Bank pumped into the financial system buys hard-hit banks valuable time but will not in itself prot...

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Suspected Parcel Bomb Sent To Deutsch Bank CEO

Reuters | Posted 02.06.2012

Read More: Josef Ackermann Parcel Bomb, Deutsche Bank, Video, Josef Ackermann Deutsche Bank, Reuters, Josef Ackermann Bomb, Josef Ackermann, World News

(Reuters) - A suspicious envelope sent to Deutsche Bank Chief Executive Josef Ackermann was a letter bomb capable of exploding, investigators said on ...

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Citigroup, Deutsche Bank Pay Big To Settle Claims They Misled Credit Unions

AP | Posted 01.14.2012

Read More: Deutsche Bank, Goldman Sachs, JPMorgan Chase, Mortgages, Video, Securities, National Credit Union Administration, Regulators, Ncua, Wall Street Banks, Royal Bank of Scotland, Citigroup, Credit Unions, Business News

WASHINGTON — Citigroup Inc. and Deutsche Bank are agreeing to pay a total of $165.5 million to settle federal regulators' claims that they misle...

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The EU 'Rescue Fund' -- Part Of The Problem, Not The Solution

Gemma Godfrey | Posted 01.07.2012

Read More: Yields, Taiwan, Governance, Economy, Summit, Italy, g20, Leverage, Gdp, Greece, Germany, Voluntary, Bond, Efsf, Imf, Consolidation, Cdo, Financial Stability Fund, Sovereign Debt Crisis, Union, Rance, Special Purpose Investment Vehicle, Eurozone, Writedown, Draghi, Growth, Eu, Credit Agricole, Deutsche Bank, Derivative, Haircut, Japan, Rescue Fund, China, Business News

There is still much to be decided before EU leaders can claim to have provided a comprehensive and credible plan to end the sovereign debt crisis.

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WATCH: Become A Sculpture At Pawel Althamer's New Show

VernissageTV | Posted 12.30.2011

Read More: Factory, Deutsche Bank, Skeleton, Zombies, Guggenheim, Sculpture, Plastic, Contemporary Art, Pawel Althamer, UK Arts, Deutsche Guggenheim, Berlin, Video, Arts News

Those who visit the Deutsche Guggenheim in Berlin these days might be a little confused by the sign above the entrance. What is Almech? Well, this is ...

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Chinese Economy Growing At Slowest Speed In Years

AP | JOE McDONALD | Posted 12.18.2011

Read More: Deutsche Bank, European Debt Crisis, Interest Rates, National Statistics Bureau, Video, Unemployment, Retail Sales, Credit Agricole CIB, Inflation, Economic Growth, China, Business News

BEIJING — China's rapid growth eased last quarter to a still-robust 9.1 percent – enough to ease concerns of an abrupt slowdown in the wor...

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Anita Perry Blames Obama For Her Son Losing His Job

The Huffington Post | Luke Johnson | Posted 12.14.2011

Anita Perry, the wife of Texas Gov. Rick Perry, said she sympathized with the unemployed Friday because her son resigned from his job at Deutsche Bank...

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How A Rising Chinese Yuan Will Affect The U.S. Economy

Posted 12.05.2011

Read More: Deutsche Bank, Video, Yuan, Unemployment Rate, Carnegie Endowment for International Peace, International Monetary Fund, Deep Recession, Commerce Department, Jobs, Peterson Institute for International Economics, Job Creation, China, Business News

(Emily Kaiser) - A sharp rise in China's yuan currency might cut the U.S. trade deficit by as much as one third and create enough American jobs to...

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