Edition:
United States

Tom Sims

Deutsche Bank ordered to do more to prevent money laundering

Sep 24 2018

FRANKFURT Germany's financial watchdog has ordered Deutsche Bank to do more to prevent money laundering and "terrorist financing," and has appointed a third party to assess progress.

Deutsche Bank's retreat to Germany gets tepid welcome at home

Sep 14 2018

FRANKFURT/LONDON German manufacturer Voith has been a customer of Deutsche Bank for more than a century. But as the maker of hydropower and paper plants expands abroad it said it has started to hire other international banks where it would have previously considered Germany's largest lender.

RPT-EXCLUSIVE-Deutsche Bank weighs overhaul that could make deals easier - sources

Sep 13 2018

FRANKFURT, Sept 12 Deutsche Bank is considering an overhaul to loosen the bond between its retail and investment banks, according to three people with knowledge of the matter, a move that could make it easier to merge some or all of the group with rivals.

Exclusive: Deutsche Bank weighs overhaul that could make deals easier - sources

Sep 12 2018

FRANKFURT Deutsche Bank is considering an overhaul to loosen the bond between its retail and investment banks, according to three people with knowledge of the matter, a move that could make it easier to merge some or all of the group with rivals.

EXCLUSIVE-Deutsche Bank weighs overhaul of group structure - sources

Sep 12 2018

* Move could make it easier to merge parts of group (Adds background, detail)

Merkel to commit all creativity to Brexit deal, but cannot promise success

Sep 04 2018

FRANKFURT Germany is doing all it can to ensure the European Union and Britain reach a divorce deal, Chancellor Angela Merkel said on Tuesday, warning that success was not guaranteed.

Commerzbank beats second quarter profit forecast but sees higher costs

Aug 07 2018

FRANKFURT Germany's Commerzbank sounded cautious after beating second quarter profit forecasts on Tuesday, saying costs would be higher than expected this year and it was facing "intense competition" for corporate clients. | Video

Dokumente zeigen Probleme bei Dt. Bank im Kampf gegen Geldwäsche

Aug 03 2018

Frankfurt Die Deutsche Bank hat Mängel in ihren internen Verfahren und Systemen zur Überprüfung von Kunden gefunden, die von den Aufsehern im Kampf gegen Geldwäsche und Sanktionsbrüche vorgeschrieben werden.

Exclusive: Deutsche Bank reports show chinks in money laundering armor

Aug 03 2018

FRANKFURT Deutsche Bank has uncovered shortcomings in its ability to fully identify clients and the source of their wealth, internal documents seen by Reuters show, more than a year after it was fined nearly $700 million for allowing money laundering.

Swiss Re considers 2019 ReAssure IPO as profit fall hits shares

Aug 03 2018

FRANKFURT Swiss Re is exploring a 2019 listing in Britain of its UK closed book business ReAssure, it said on Friday as a 17 percent fall in first half net profit hit its shares.

World News