Deutsche Bank

German giants tell divergent stories; European banks' U.S. units under pressure

07/06/20

Deutsche Bank says it’s on track to meet its financial targets while Commerzbank's top two executives resign; recent Fed stress test results show Euro banks' poor performance in U.S continues.

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Fannie, Freddie hire advisers to help raise capital; Deutsche leads the pack

06/16/20

Fannie Mae has chosen Morgan Stanley while Freddie Mac is going with JPMorgan Chase; the bank’s overhaul plan has helped make it the best performing big-bank stock so far this year.

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Fed tweaks Main Street Lending Program; bank offices' post-pandemic look

06/09/20

The changes are meant to make the program more attractive for both business borrowers and the banks that make the loans; as workers trickle back to offices on Wall Street, they'll see a different landscape due to coronavirus concerns.

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Deutsche probed on Epstein dealings; Wells drops independent auto dealers

06/03/20

New York State regulators may bring an enforcement action against the German bank as early as this month; Wells Fargo’s decision to stop making loans to the dealers has more to do with credit quality than asset limits.

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Santander reaches auto loan settlement; OCC’s Otting to Step down

05/20/20

One of the biggest subprime auto lenders agreed to pay $550 million to settle predatory lending charges; the bank regulator has largely completed his goal of overhauling the Community Reinvestment Act.

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Fed reprimands Deutsche Bank; Senate Democrats want PPP answers

05/14/20

The German bank’s money laundering controls are still not up to snuff, among other problems; three Democrats say banks may have shortchanged small-business borrowers.

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Warren joins senators seeking Deutsche Bank details on Trump

04/07/20

U.S. senators including Elizabeth Warren, the onetime presidential candidate, are pushing for details from Deutsche Bank about contacts with the family business of President Donald Trump, which has asked the German lender for leniency on some of its loans.

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Banks deal with coronavirus; Fed finalizes bank capital rules

03/05/20

Banks make emergency preparations as HSBC deals with confirmed case; the changes simplify regulations without posing additional systemic risks, the Fed says.

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Bank faces backlash on Tubman card; HSBC to cut costs, workers

02/18/20

Black-owned OneUnited is getting grief for its depiction of the abolitionist on a debit card; the bank plans $4.5 billion in cost cuts, with 35,000 jobs cut.

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Fed terminates enforcement actions against four large banks

02/13/20

The three cease and desist orders and one written agreement had cited separate concerns at JPMorgan Chase, Discover, Deutsche Bank and RBS.

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