Tag: Deutsche Bank AG (USA) (NYSE:DB)

ICO fraud
January 29, 2018 BY LeapRate Staff

Spoofing and Commodities Fraud charges lead to $46 million in fines for Deutsche Bank, HSBC and UBS

The U.S. Commodity Futures Trading Commission today announced, in conjunction with the Department of Justice and Federal Bureau of Investigation’s Criminal Investigative Division, criminal and civil enforcement actions against three banks and six individuals involved in commodities fraud and spoofing schemes. What is spoofing? Spoofing is the practice of bidding or offering with the intent to…

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August 24, 2016 BY Valentina Kirilova

Utility Settlement Coin concept on blockchain gathers pace

Bank of New York Mellon Corp (NYSE:BK), Deutsche Bank AG (USA) (NYSE:DB), ICAP plc (LON:IAP) and British bank Santander UK plc join UBS and Clearmatics to advance the Utility Settlement Coin concept, and plan tests in a real-market environment.  USC is a digital cash model aimed at facilitating payment and settlement for institutional financial markets.…

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August 08, 2016 BY LeapRate Staff

Deutsche Bank hit with $12.5 million FINRA fine for internal hoots and squawks

U.S. securities industry regulator The Financial Industry Regulatory Authority (FINRA) has announced it has fined the Deutsche Bank Securities Inc. unit of German banking giant Deutsche Bank AG (USA) (NYSE:DB) $12.5 million for significant supervisory failures related to research and trading-related information it disseminated to its employees, called 'hoots' or 'squawks,' over internal speakers commonly known as…

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April 19, 2016 BY LeapRate Staff

Deutsche Bank head of global FX Ahmet Arinc reportedly on leave

Bloomberg is reporting that global head of FX at Deutsche Bank AG (USA) (NYSE:DB), Ahmet Arinc, is on leave from the company, citing people with knowledge of the situation. Deutsche Bank is the only one of the major global banks which has not yet reached a settlement deal with the US Department of Justice regarding allegations that…

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