News Topic: Deutsche Bank

Agencies are examining regulating cybercurrencies not named bitcoin; is Paul Achleitner to blame for the German bank’s problems? ... Read full article

The measures will lead to a “significant reduction” in the roughly 97,100-person workforce this year, the German banking giant said. ... Read full article

Bank’s net income plunges, will focus on Europe growth; FTC says the company charged hidden fees. ... Read full article

All 12 directors win nearly 90% of the vote, as does long-time auditor KPMG; Mulvaney says records haven’t been vetted by the agency and shouldn’t be released. ... Read full article

Bill to end the guidance intended to fight discriminatory lending now goes to the House; card company’s push to make more loans to customers pays dividends. ... Read full article

A $1 billion penalty being bandied about; Deutsche’s problems may be too big to eradicate. ... Read full article

The appointment of Christian Sewing as Deutsche Bank's chief executive officer to replace an embattled John Cryan after less than three years — and three turnaround plans — answered just one of the questions hanging over the struggling institution. ... Read full article

Retail banking chief Christian Sewing will become CEO immediately; higher deposit rates could trim lending margins as banks head into earnings season. ... Read full article

CFPB acting director uses the senator’s own words against her; Wall Street veteran’s addition shows the German bank is committed to U.S. investment banking. ... Read full article

Fintech firms likely to take a third of traditional bank revenues by 2025, Citigroup report says; Saks, Lord & Taylor say five million card accounts were accessed. ... Read full article

John Thain, a former chief executive officer of Merrill Lynch, is expected to join Deutsche Bank's supervisory board in May, according to a person with knowledge of the German lender's plans. ... Read full article

Mark Begor, a former long-time GE Capital executive, faces lots of challenges as the credit bureau recovers; CEO dismisses “widespread rumors” that the bank wants to replace him. ... Read full article

Deutsche Bank is said to be conducting a fresh review of its trading businesses, an overhaul that CEO John Cryan is pursuing to help restore profitability amid reports that the bank is seeking to replace him. ... Read full article

Senator is concerned about the San Francisco Fed chief’s track record; the gaps at three big banks are among the largest. ... Read full article

Deutsche Bank Chairman Paul Achleitner is said to have held talks with possible replacements for CEO John Cryan. The bank's turnaround efforts have been disappointing in many eyes, but there is open debate on whether it's Cryan or Achleitner who ... Read full article

Goldman Sachs CEO Lloyd Blankfein is reportedly considering leaving by the end of this year; American Express plans to reduce its merchant fees to stay competitive. ... Read full article

New York's banking regulator has asked Deutsche Bank and a pair of local lenders to provide information about their relationships with Jared Kushner, his family and the Kushner Cos., according to people familiar with the matter. ... Read full article

Deutsche Bank on Wednesday became the first large bank to announce a wholesale relocation of client business out of the U.K., but B of A has extended the lease on its London headquarters, and Northern Trust is searching for a new lease in the city. ... Read full article