Deutsche Bank AG reported a surge in fourth-quarter earnings on Thursday, exceeding expectations and contributing to a third consecutive year of profit that was helped by higher interest rates and
Deutsche Bank announced on Friday its plan to issue panda bonds in the China Interbank Bond Market. The bank has formally submitted an application to the People's Bank of China, the country's central bank.
The raid relates to reports made by the bank of suspected money laundering, the lender said in a statement. Deutsche Bank is cooperating fully with authorities.
Four New York-based employees of the financial powerhouse Deutsche Bank have been fired after they allegedly tried to expense a night out at a strip club in violation of company policy.
Deutsche Bank reversed its stance on Russia, announcing on March 11 that it was unwinding its business in the country following mounting criticism from investors after its CEO said the bank would not.