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Showing posts from February, 2013

Systemic banks tracker: Deutsche Bank

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Edvard Munch's  “ Separation ” (1896) Deutsche Bank settles dispute with regulators (Canada) By Barbara Shecter, Financial Post February 9, 2013 Deutsche Bank Securities Ltd. has agreed to pay a $1-million fine to settle with regulators over its involvement in the 2007 freeze in Canada's market for asset-backed commercial paper. In a settlement Deutsche Bank reached with Canada's investment industry regulator on Friday, the bank admitted that in late July and early August 2007 it failed to "engage" its compliance department with emerging issues in the ABCP market. Read more   Bank Regulation May Hit Deutsche Bank Harder Than Expected By Madeleine Nissen, WSJ Blog Germany’s plans for tighter financial market regulations is likely to hit Deutsche Bank harder than once expected. That’s because the legislation, which will require big banks to separate retail and investment activities, will be especially stringent when it co...