Latest news with #ArnoSchuetze
Bloomberg
02-04-2025
- Business
- Bloomberg
Deutsche Bank's DWS Settles German Greenwashing Probe
By and Arno Schuetze Save Deutsche Bank AG 's investment arm DWS settled a long-running investigation by German prosecutors into alleged greenwashing. DWS agreed to pay an amount that is slightly higher than the $19 million the unit paid to settle with U.S. authorities over the matter, according to people familiar with the matter who spoke on condition of anonymity.
Bloomberg
10-02-2025
- Business
- Bloomberg
Spain Fines Deutsche Bank €10 Million Over Sale of Derivatives
By and Arno Schuetze Save Deutsche Bank AG was fined €10 million ($10.3 million) by Spain's securities regulator CNMV for selling derivatives to clients who later said they didn't understand the products and suffered steep losses as a result. The fine, disclosed in the country's official gazette, is one of the biggest in the regulator's history. The German lender was also ordered to suspend investment advisory activity on some complex derivative products for one year.
Bloomberg
07-02-2025
- Business
- Bloomberg
Deutsche Bank Raises Bar for SRT Leverage Amid ECB Inquiry
By and Arno Schuetze Deutsche Bank AG is tightening terms under which it provides loans for investors such as hedge funds to buy significant risk transfers. The Frankfurt-based lender is letting investors in SRTs know that the bank will be less proactive in offering clients financing via repurchase agreements, according to people familiar with the matter.
