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Credit Suisse fined by SEC for misleading investorsle...

Credit Suisse fined by SEC for misleading investorsle...
By: Alistair Gray in New York Employees at Swiss group’s private bank misrepresented financial metric to meet performance targets US regulators have slapped a $90m penalty on Credit Suisse after finding employees at its private bank...

A Big Dutch Bank Is Replacing 5,800 People With Machines, At A Cost Of $2 Billion

A Big Dutch Bank Is Replacing 5,800 People With Machines, At A Cost Of $2 Billion
By Pathay Singh European banks are desperately trying to find ways to save money in these straitened times. ING, a major Dutch lender, announced this week that it plans to save €900 million ($1 billion) a year by cutting 5,800 jobs as part of a “digital ...

Deutsche Bank’s Biggest Risk? $46 Trillion in Derivatives Exposure

Deutsche Bank’s Biggest Risk? $46 Trillion in Derivatives Exposure
From Tyler Durden: Deutsche Bank AG (NYSE:DB) uncertainties were added to concerns about BoJ tapering spooking global equity markets over the past week, and JPMorgan just pointed out DB’s biggest financial ailment. Widespread press reports about Deutsche...

Ex-Deutsche Bank Executives Among 13 Charged in Paschi Probe

Ex-Deutsche Bank Executives Among 13 Charged in Paschi Probe
By Sonia Sirletti ssirletti & Sergio Di Pasquale - Nomura, Paschi staff also charged for falsifying bank’s books - Judge schedules trial to begin in Milan on December 15 Six current and former managers of Deutsche Bank AG -- including ex-asset...

Message from capital markets on Deutsche Bank’s woes

Message from capital markets on Deutsche Bank’s woes
By: Thomas Hale    Deutsche Bank’s shares have touched their lowest level in more than two decades with the German lender at the centre of an intense market sell-off, reflecting concern over a looming fine from the US government....

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