Deutsche Bank pays Spanish wine company $12m for mis-selling forex derivatives

Deutsche Bank pays Spanish wine company $12m for mis-selling forex derivatives

By Anna Domanska - Jun 28, 2021

Deutsche Bank has compensated Spanish wine-making company J Garcia Carrion with €10m ($12 million) for the alleged losses it suffered in purchasing foreign exchange derivates fro

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United to recall furloughed employees as travel recovers

United to recall furloughed employees as travel recovers

By Anna Domanska - Jun 14, 2021

The fading of the pandemic and the rollout of vaccines has brought in some good cheer for the floundering air travel industry. More countries have opened up for business and are al

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Deutsche Bank's €1.9bn bonus payment to top executives leads to chorus of protests

Deutsche Bank's €1.9bn bonus payment to top executives leads to chorus of protests

By Anna Domanska - Mar 15, 2021

Deutsche Bank’s decision to give its top echelon employees a  massive bonus has led to protests about how incongruous such a payout was in these challenging times for the ra

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U.S Basks in Glory with 4 Cities included in the List of Cities with Highest Salaries

U.S Basks in Glory with 4 Cities included in the List of Cities with Highest Salaries

By Christy Gren - May 10, 2017

The Deutsche Bank recently released its- ‘Mapping the World Prices’ report, in which it has published the names of the cities having the highest salaries around the globe. This

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US Auto Industry Sales on the Verge of Collapse

US Auto Industry Sales on the Verge of Collapse

By Christy Gren - Apr 10, 2017

Deutsche Bank pulls out a yellow card warning for the US auto industry. The auto industry in the US is about to head backward after the sheer drop of overall sales in March. The re

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Frankfurt Investigates Deutsche Bank’s Executives for VAT Fraud Scheme

Frankfurt Investigates Deutsche Bank’s Executives for VAT Fraud Scheme

By Anna Domanska - Aug 13, 2015

German prosecutor has charged tax evasion charges against eight employees of Deutsche Bank, including one former employee of a major Frankfurt-based bank for their alleged particip

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The US Economic scale is growing in spite of stingy consumers

The US Economic scale is growing in spite of stingy consumers

By Christy Gren - Jun 02, 2015

On Monday, a batch of economic report revealed that consumers were pitching pennies even after the US economic rose on a higher scale from a brutal winter. The reports showed that

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Virginia Sues 13 Banks for $1.15Billion over alleged Mortgage Bond Fraud

Virginia Sues 13 Banks for $1.15Billion over alleged Mortgage Bond Fraud

By Christy Gren - Sep 17, 2014

Citigroup, Bank of America, Goldman Sachs Group, Barclays, HSBC and Royal Bank of Scotland are among 13 banks whose units were sued for $1.15bn by Virginia over sale of residential

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Germany to Face Job Cuts from Deutsche Bank

Germany to Face Job Cuts from Deutsche Bank

By Jay Raol - Sep 22, 2012

The new leadership for Deutsche Bank is all set to present plans aimed to build capital and trim down costs on the 11th of September, in a bid to deal with doubts of analysts regar

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