04/27/2016
Deutsche Bank has been hit by its soaring legal costs, weak bond trading and a loss in its investment bank, which saw the financial institution post a record loss of 6.8 billion euros in 2015.
04/26/2016
Deutsche Bank Chairman Paul Achleitner, who has known Thoma for decades, tapped the Shearman & Sterling LLP lawyer in 2013 to help improve controls and work through the company’s numerous cases of misconduct.
04/26/2016
The meeting with members of the committees on Europe, budget and finance would take place after the summer recess, which ends on September 5.
04/25/2016
The Deutsche Bank executives were accused of deceiving judges in a civil lawsuit filed by Leo Kirch, who died in 2011, seeking 2 billion euros ($2.25 billion).