Monday, May 20, 2013
International

Laos Land Grabs: Deutsche Bank Backs Ruthless 'Rubber Lords'

Laos Land Grabs Deutsche Bank Backs Ruthless 'Rubber Lords'

SPIEGEL ONLINE - May 15, 2013

Vietnamese companies have been ruthlessly taking advantage of Laotian locals and their environment to create vast rubber plantations. The "rubber lords" are also getting support for the land grabs from Germany's Deutsche Bank, which is violating its ethics and sustainability policies, critics say. By Martin Hesse, Jörg Schmitt and Wieland Wagner more... Forum ]

'Perpetuating Blight': Deutsche Bank 'Slumlord' Case Going to Trial

'Perpetuating Blight' Deutsche Bank 'Slumlord' Case Going to Trial

SPIEGEL ONLINE - April 25, 2013

Is Deutsche Bank one of the biggest "slumlords" in Los Angeles? The city thinks so, and has brought a lawsuit against the German banking giant that is headed to court now that a dismissal bid was rejected. more... Forum ]

'Secrecy-Cloaked Companies': Deutsche Bank Criticized for Offshore Operations

'Secrecy-Cloaked Companies' Deutsche Bank Criticized for Offshore Operations

SPIEGEL ONLINE - April 05, 2013

As part of an international reporting project on offshore companies and trusts, two German newspapers are reporting that Deutsche Bank helped to establish some 300 such entities through its operations in Singapore. The news isn't entirely new, but criticism of the company is growing. more... Forum ]

Accusations Against Jain: LIBOR Probe Could Cost Deutsche Bank Billions

Accusations Against Jain LIBOR Probe Could Cost Deutsche Bank Billions

SPIEGEL ONLINE - February 04, 2013

Deutsche Bank says the benchmark LIBOR rate was rigged by individual rogue traders. But co-CEO Anshu Jain carries some responsibility because he organized the investment banking operation in a way that caused conflicts of interest and allowed the fraud to flourish. By Martin Hesse more... Forum ]

Risks and Rewards: Deutsche Bank Returns to Commodities Speculation

Risks and Rewards Deutsche Bank Returns to Commodities Speculation

SPIEGEL ONLINE - January 31, 2013

Many financial institutions and multinational organizations view speculating on food commodities as a dangerous game and a contributor to global hunger. Despite its bruised reputation, Deutsche Bank is leaping back into the business. By Martin Hesse, Michaela Schiessl and Anne Seith more... Forum ]

Suspicion of Collusion: Authorities Raid Deutsche Bank Again

Suspicion of Collusion Authorities Raid Deutsche Bank Again

SPIEGEL ONLINE - December 20, 2012

Prosecutors in Frankfurt raided Deutsche Bank headquarters yet again this week. It marks the second time in a fortnight that the mighty German financial institution has received an unwanted visit from the police. This time the focus is on suspicions of witness collusion in connection with a scandal that could cost the bank as much as 1.5 billion euros. more...

A Reputation in Ruin: Deutsche Bank Slides into a Swamp of Scandal

A Reputation in Ruin Deutsche Bank Slides into a Swamp of Scandal

SPIEGEL ONLINE - December 19, 2012

Deutsche Bank was once Germany's proudest financial institution. Now, though, the giant is facing myriad investigations, legal troubles, scandals and accusations of malfeasance. Its current leadership has pledged a new beginning, but several executives are tainted as well. By SPIEGEL Staff more... Forum ]

Call to State Governor: Deutsche Bank CEO Accused of Interfering With Probe

Call to State Governor Deutsche Bank CEO Accused of Interfering With Probe

SPIEGEL ONLINE - December 18, 2012

Politicians have criticized the co-CEO of Deutsche Bank, Jürgen Fitschen, for telephoning the Hesse state governor to complain about a police raid on the bank last week. His behavior has fuelled doubts about whether the bank, which faces a number of lawsuits stemming from past deals, has the right management to reform its aggressive business culture. more...

Tax Evasion Probe: Why Deutsche Bank Will Emerge Unscathed

Tax Evasion Probe Why Deutsche Bank Will Emerge Unscathed

SPIEGEL ONLINE - December 13, 2012

German prosecutors are investigating Deutsche Bank CEO Jürgen Fitschen. But does this mean he will be forced to step down? Probably not. The bank has survived far worse episodes in the past. Fitschen's predecessor even went to trial and still kept his job. By Stefan Kaiser more... Forum ]

Head Office Raided in Tax Probe: Deutsche Bank CEO Under Investigation

Head Office Raided in Tax Probe Deutsche Bank CEO Under Investigation

SPIEGEL ONLINE - December 12, 2012

Matters are getting even more serious at Deutsche Bank, as investigations have reached the board room itself. Co-CEO Jürgen Fitschen and Chief Financial Officer Stefan Krause are accused of having signed a questionable sales tax return from 2009, and raids on Wednesday included a number of arrests. more...

 
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