Deutsche Bank AG (DB) Key Developments |
United States

Deutsche Bank AG (DB)

DB on New York Consolidated

30 Jun 2016
Change (% chg)

$-0.36 (-2.56%)
Prev Close
Day's High
Day's Low
Avg. Vol
52-wk High
52-wk Low

Latest Key Developments (Source: Significant Developments)

Finra fines Deutsche Bank Securities $6 mln
Wednesday, 29 Jun 2016 09:46am EDT 

Deutsche Bank Ag :FINRA fines Deutsche Bank Securities Inc $6 million for submitting inaccurate and late blue sheet data- Tweet.  Full Article

Austria's Heta sells Centrice property unit to Lone Star
Tuesday, 28 Jun 2016 06:08am EDT 

Heta Asset Resolution [HAABI.UL]: Says completed the sale of 100% of the shares in Centrice Real Estate GmbH (“Centrice”) and of outstanding loans granted by Heta to Centrice and its subsidiaries . Says the purchasers are affiliates of Lone Star Real Estate Fund IV (U.S.), L.P. and Lone Star Real Estate Fund IV (Bermuda), L.P. . Citigroup Global Markets Limited acted as financial adviser to HETA. Eisenberger & Herzog Rechtsanwalts GmbH acted as legal adviser to Heta . Spokesman for Heta says sale price is in thee-digit millions of euros range Further company coverage: [HAABI.UL] ((; +43 1 531 12 258;)).  Full Article

Fitch affirms Deutsche Bank at 'A-', outlook stable
Tuesday, 14 Jun 2016 04:16pm EDT 

Fitch Street Capital Corp : Affirms Deutsche Bank At 'A-'; outlook stable . Ratings reflect view that the bank will stay on track with the targets set out in the 2020 strategy .Stable outlook reflects our expectation that reported earnings and capitalisation will improve from 2017 onwards.  Full Article

Austria needs better banking supervision, finance minister says
Friday, 3 Jun 2016 06:00am EDT 

Austrian Finance Minister Hans Joerg Schelling: Says hopes to have clearer division of banking supervision roles between FMA and ECB . Says Austrian banking market is stable but supervision has to be better in future . Says case of "bad bank" Heta can probably be finished in September, October of this year Further company coverage: [HAABI.UL] ((; +43 1 531 12 258;)).  Full Article

FDIC reaches $190 million settlement with 8 banks, finance companies over Countrywide RMBS
Thursday, 2 Jun 2016 10:13am EDT 

: Fdic announces $190 million settlement of residential mortgage-backed securities claims with eight financial institutions . Fdic annouces settlements with Barclays, BNP Paribas Credit Suisse Deutsche Bank Edward Jones, Goldman Sachs rbs, UBS . Fdic says accord resolves claims over alleged misrepresentations for 21 countrywide rmbs bought by five failed banks.  Full Article

Banco Popular adds 10 banks as underwriters for rights issue
Friday, 27 May 2016 11:22am EDT 

Spain's Banco Popular : Says has added 10 banks as underwriters for its 2.5 billion euros ($2.78 billion) rights issue .Popular picks up BBVA , Banco Santander , Barclays , Citigroup , Deutsche Bank , Morgan Stanley , HSBC , Credit Suisse , Sociéte Générale and Nomura <8604.T>..  Full Article

Moody's downgrades Deutsche Bank's ratings; outlook stable
Monday, 23 May 2016 05:00pm EDT 

Moody's On Deutsche Bank : Moody's downgrades Deutsche Bank's ratings; outlook stable . Outlook on ratings is stable, reflecting potential long-term benefits to creditors of five-year strategy plan through 2020 .Stable outlook reflects actions taken by management team to preserve capital and liquidity during restructuring process.  Full Article

U.S. appeals court revives antitrust claims in Libor litigation
Monday, 23 May 2016 11:04am EDT 

: U.S. appeals court revives antitrust claims in litigation accusing major banks of rigging libor -- ruling . 2nd U.S. circuit court of appeals says plaintiffs have plausibly alleged banks conspired to rig libor . 2nd circuit says horizontal price-fixing constitutes a "per se" antitrust violation . 2nd circuit says a plaintiff alleging a "per se" antitrust violation need not separately plead that competition was harmed . 2nd circuit says consumers who pay higher prices because of horizontal price-fixing suffer antitrust injury . 2nd circuit says lower court judge erred in dismissing antitrust claims on the ground they failed to allege harm to competition.  Full Article

Deutsche Asset Management to transfer primary listing of three funds to BATS exchange
Friday, 20 May 2016 05:00pm EDT 

Deutsche Asset Management : Deutsche Asset Management to transfer primary listing of three funds to BATS exchange .Will change primary listing venue for three x-trackers exchange-traded funds to bats exchange on or about June 9, 2016.  Full Article

U.S. appeals court revives FDIC lawsuit over Colonial BancGroup collapse
Thursday, 19 May 2016 09:33am EDT 

: U.S. appeals court revives fdic lawsuit against several banks tied to colonial bancgroup's 2009 collapse--court ruling . 2nd U.S. circuit court of appeals reverses lower court ruling, and concludes that fdic did not file its lawsuit too late . Banks were accused of violating U.S. securities law by selling colonial $388 million of toxic mortgage-backed securities . The fdic sued the banks in its capacity as colonial's receiver . Appeals court vote is 2-1; dissenting judge says congress never intended to let fdic bring its old "dead claims" back to life.  Full Article


Exclusive: Credit Suisse plans on raising stake in Chinese joint venture - sources

HONG KONG Credit Suisse is planning to boost its stake in its Chinese securities joint venture to the maximum permissible 49 percent, which would make it the first foreign bank to take advantage of relaxed Chinese investment rules introduced four years ago, three people with direct knowledge of the matter said. | Video