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United States

Tom Sims

Epstein red flags, Russian models land Deutsche Bank $150 million fine

Jul 07 2020

NEW YORK/FRANKFURT Deutsche Bank will pay a $150 million fine from a New York regulator for allowing disgraced financier Jeffrey Epstein to make payments to Russian models and withdraw suspicious amounts of cash during five years as a client. | Video

Wirecard administrator sees strong interest from potential buyers

Jul 07 2020

FRANKFURT Wirecard's administrator said on Tuesday that more than 100 investors have expressed interest in buying the collapsed German payments firm's core business and holdings.

Deutsche-Bank-Chef - Auch im zweiten Quartal gute Geschäfte erzielt

Jul 07 2020

Frankfurt Trotz der Corona-Krise sieht Vorstandschef Christian Sewing die Deutsche Bank bei ihrem Konzernumbau auf Kurs.

Commerzbank-Aktionäre feiern Führungswechsel

Jul 06 2020

Frankfurt Die Commerzbank-Aktionäre feiern den bevorstehenden Abgang von Vorstandschef Martin Zielke und Aufsichtsratschef Stefan Schmittmann.

RPT-German union in show of strength as Commerzbank's top duo exits

Jul 06 2020

FRANKFURT, July 5 Commerzbank's chief executive and chairman were under pressure from activist investors to axe jobs, but they decided to go first after a damaging clash with unions last week, sources close to the situation told Reuters.

German union in show of strength as Commerzbank's top duo exits

Jul 05 2020

FRANKFURT Commerzbank's chief executive and chairman were under pressure from activist investors to axe jobs, but they decided to go first after a damaging clash with unions last week, sources close to the situation told Reuters.

Commerzbank chairman and CEO bow out to give lender a fresh start

Jul 03 2020

FRANKFURT Commerzbank's chairman and chief executive stepped down on Friday, bowing to demands from top shareholder Cerberus that the German lender change its strategy to stop a downward spiral in its financial performance.

Bäte will Allianz bis 2021 zurück in die Spur bringen

Jul 03 2020

München Die Allianz will im nächsten Jahr wieder an die Gewinne vor der Corona-Krise anknüpfen.

Allianz CEO sees business recovery in 2021 after coronavirus impact

Jul 02 2020

MUNICH/FRANKFURT, July 2 Allianz, which is facing headwinds from the coronavirus crisis, expects to be back on track in 2021 barring a second major outbreak or financial market correction, the German insurer's chief executive said in an interview.

Commerzbank rejects Cerberus demands for supervisory board seats

Jun 12 2020

FRANKFURT Commerzbank , under fire for its strategy and leadership, on Friday rejected demands by top investor Cerberus for two seats on the German bank's supervisory board, according to a letter seen by Reuters.

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