#Latest news with #SaveDeutscheBankAGBloomberg10-02-2025BusinessBloombergSpain Fines Deutsche Bank €10 Million Over Sale of DerivativesBy 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.
Bloomberg10-02-2025BusinessBloombergSpain Fines Deutsche Bank €10 Million Over Sale of DerivativesBy 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.
10-02-2025
