U.S. President Donald Trump continued to fight a New York prosecutor’s attempt to seek his tax returns and sought more details about a probe which has been suggested to include bank and insurance fraud allegations as well as claims of hush-money payments.
The world’s largest retail digital payments network is poised to make an unprecedented green bond offering, a Monday filing with the U.S. Securities and Exchange Commission shows.
The U.S. Federal Reserve rolled out new capital requirements for 34 of the country’s largest banks on Monday, imposing the highest requirements on Goldman Sachs and Morgan Stanley based on stress tests conducted earlier this year.
Deutsche Bank has supplied New York prosecutors with financial records related to President Donald Trump and his family business, complying with a subpoena it received last year, The New York Times reported.
The Bank of England said it will hold its key interest rate at a record low of 0.1% while adjusting its economic outlook to predict a less severe but longer lasting slump.
Commerzbank elected Hans-Joerg Vetter as its new chairman after the sudden resignation of its top executives in early July, filling the vacancy with a former bank CEO who was opposed by the lender’s second-largest investor.
Deutsche Bank began an investigation on Sunday into Rosemary Vrablic, known for being the personal banker of President Donald Trump and his son-in-law Jared Kushner, regarding a 2013 real estate deal between Vrablic and a Kushner-affiliated company.
Deutsche Bank disclosed new criteria Friday that will govern what financing and investments it can consider sustainable as it works toward a target of exceeding EUR 200 billion ($235.8 billion) in such transactions in the next five-and-a-half years.
Morgan Stanley will help lead a group of financial firms and cloud computing companies as they develop a framework for more secure cloud data management, an issue of growing importance as businesses operate remotely and cybersecurity risk increases.
Deutsche Bank executives said Tuesday that they see signs for “cautious optimism” in the second half of the year as the company reported a second quarter profit despite the coronavirus pandemic and ongoing internal restructuring.
HSBC said Monday that it is creating an environmental, social and governance unit to cater to the growing number of clients around the globe seeking to “rebuild and transition their businesses and economies in a more sustainable way post-COVID-19.”
Mitsubishi UFJ Financial Group said Monday that it expanded its fixed-income trading platform with the hires of two co-heads of flow products.
Deutsche Bank teamed up with technology firm Airwallex to offer currency exchange services in Hong Kong and automated cross-border payments in Japan, expanding both the bank’s and the fintech’s reach in Asia.
Deutsche Bank adopted new fossil fuels policies on Monday intended to end its global business activities in coal mining within the next five years, a move the bank said will contribute to the European Union becoming completely climate neutral by 2050.
The U.S. Virgin Islands is asking six U.S. financial institutions about any accounts they handled for Jeffrey Epstein or related entities as the territory continues to seek more information about the late sex offender’s finances as part of a civil lawsuit.
India’s Yes Bank has begun offering several of its services through the messaging app WhatsApp, the bank said Friday, as it continues its recovery from the brink of insolvency.
Deutsche Bank said Friday it made a significant investment in the Frankfurt-based financing fintech platform Traxpay in a move meant to bolster the bank’s supply chain finance offerings.
Royal Bank of Canada has built an artificial intelligence platform that will speed its ability to gather information on consumer behavior, market movements and fraudulent activity, the bank said on Thursday.
Bain Capital Credit said Thursday that it completed its acquisition of the former Hypo Alpe Adria Bank from the government of Austria, a move that will help strengthen the firm’s presence in the Italian nonperforming loans market.
Citigroup Asia will begin to use bot technology in Hong Kong for matching and settlement securities services, helping add efficiency to markets as the financial hub struggles with a renewed spike in COVID-19 cases and a government crackdown on freedoms.