BROWSE BY TOPIC
Stories of Interest
- ‘A Bleak Picture’ for Women Trying to Rise at Law Firms
- How Golf Superstar Jordan Spieth, 23, Spends Time and Millions
- Goldman Sachs Retreats as a Top Lead Market Maker for ETFs
- In-House Counsels: Top 30 Money-Earners
- Ivanka Trump Retains White Collar Defense Lawyer Abbe Lowell
- Ameriprise Financial Reports Higher Q2 Profits, Revenues
- SEC Announces $2.5 Million Whistleblower Award
- Another Russian Connection for a Trump Nominee - Brian Benczkowski, Picked to Lead DOJ Criminal Division
- 3 From BigLaw Chosen as SDNY Magistrate Judges
- Morgan Stanley Tops Goldman in Market Value for First Time in 10 Years
- Former DOJ Official on Evolution of Corporate Compliance
- T+2 Settlement - FINRA User Acceptance Tests
- LedgerX Approved as Derivative Clearing Organization - CFTC
- Trump, ObamaCare and the Art of the Fail - Peggy Noonan
- Bryan Wood to Head SEC Office of Legislative and Intergov'tal Affairs
- BATS Market Close v. NYSE and Nasdaq
- Inside Scaramucci’s Extreme Loyalty to Trump – William Cohan
- Who President Trump Can Pardon, and Who He Can’t
- Ex-UBS Compliance Officer, Day Trader Deny Insider Trading
- Private Equity’s Big Bets on Financial Tech
We seek to provide information, insights and direction that may enable the Financial Community to effectively and efficiently operate in a regulatory risk-free environment by curating content from all over the web.
Stay Informed with the latest fanancialish news.
NEWSLETTERS & ALERTS
Deutsche Bank Seeks Voluntary ‘Clawbacks’ from Former Directors
Might former Deutsche Bank board members have a shared responsibility for the bank’s past misconduct? And, if so, how much, if anything, should they be expected to pay?
At Thursday’s annual shareholders’ meeting, DB Chair Paul Achleitner said he expects former board members to voluntarily pay substantial sums for their role in past misconduct which has tarnished the reputation of Germany's biggest lender.
Without identifying anyone by name, DB’s supervisory board is reportedly in talks with some 10 people, including former co-CEOs Anshu Jain and Juergen Fitschen, along with ex-board members Stephan Leithner, Rainer Neske, Henry Ritchotte, Stefan Krause, and current board member Stuart Lewis.
While the Deutsche Bank licks its wounds and works hard to repair its damaged reputation, the bank also seeks answers to several critical questions:
- Why was the bank’s response to the financial crisis, starting in 2008, was so slow?
- Why was the bank involved in a series of financial scandals after the financial crisis?
- To what extent did the board, as a whole, contribute to the bank’s actions?