All posts tagged "Deutsche Bank"
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503EnforcementTwo Ex-Deutsche Traders Convicted in Spoofing Case
The two former traders were found guilty of fraud charges for their respective roles in manipulating gold and silver futures prices.
September 30, 2020 -
1.1KAsia-PacificAnt Group Launches New Digital Trade, Financing Platform
DBS, BNP Paribas, Citibank, Deutsche Bank and StanChart have partnered with Ant Group to help optimise cross-border processes on the new blockchain powered platform.
September 30, 2020 -
449AML / KYCFinCEN Files Reveal AML Failures at Global Banks
The trove of documents shows that the banks allowed $2tr to flow through the financial system despite having flagged the transactions as suspicious.
September 22, 2020 -
2.1KAML / KYCAPAC Regulators Issue Nearly $4bn in AML Fines in H1 2020
Fraudulent activity brought on by Covid-19 related initiatives may result in enforcement actions later in the year and into 2021, says Fenergo's Rachel Woolley.
August 20, 2020 -
641Market InfrastructureMAS Becomes First Asian Government Entity to Issue RFR Debt
Singapore is seen to be leading Asia in its preparation for the cessation of LIBOR at the end-of 2021. Earlier this month, MAS announced new initiatives to catalyse SORA markets.
August 20, 2020 -
934AML / KYC
New York Regulator Fines Deutsche Bank for AML Failures
Deutsche Bank has been fined $150mn for its dealings with known sex trafficker Jeffrey Epstein and its correspondent banking relationships with Danske Bank Estonia and FBME Bank.
July 8, 2020 -
1.3KEurope16 Banks Announce Initiative to Digitalise Payments Across EU
The unified payment solution for consumers and merchants across Europe will encompass a payment card, digital wallet, and online and P2P payments.
July 6, 2020 -
1.7KEnforcementBaFin Efficacy Called into Question for Wirecard Handling
Last February, BaFin responded to whistleblower allegations and critical media reports by banning short-selling in Wirecard and filing criminal charges against journalists.
June 22, 2020 -
638Enforcement
CFTC Settles Deutsche Bank Spoofing, Swaps Reporting Cases
Deutsche Bank will pay $9mn for violating swap data reporting requirements during a system outage, and $1.25mn for spoofing carried out by two Tokyo-based traders.
June 19, 2020 -
647Market InfrastructureBNY, Deutsche to Set Up FX Trading Infrastructure in Singapore
Seven major firms have already set up FX pricing and matching engines in Singapore, the result of a MAS initiative to lower routing latencies in the city-state.
June 9, 2020
