Displaying 17 results
Has a global investment bank banned the long weekend?
Not exactly, but four straight days at home are no longer allowed.
Deutsche Bank exec warns of growing climate risk
Physical effects of climate change could occur suddenly, and conventional portfolio models often fall short on this issue, CIO says.
SEC fines Deutsche Bank subsidiary $19M for not keeping ESG promises
'The industry deserves to have the scrutiny that’s being placed on it,' says Ethan Powell, founder and CEO of Impact Shares.
Wall Street banks are using AI to rewire finance
Banks' interest is growing in the evolving technology of artificial intelligence and its likely impact on their business.
Raymond James, advisors win $16.4 million arbitration award against Deutsche Bank
Ray Jay and its brokers claimed the German lender failed to pay revenue share and residual trailer fees on commercial loans.
Credit Suisse attempts to reassure markets backfire as stock hits fresh low
CEO Ulrich Koerner had sought to calm employees and the markets over the weekend only to see his carefully worded memo have the opposite effect.
JPMorgan will cover employees’ abortion-travel costs starting next month
Benefit will go into effect July 1 at JPMorgan, Goldman Sachs and Bank of America.
Deutsche Bank replaces DWS’ Woehrmann after greenwash raid
Stefan Hoops, head of the German lender’s corporate bank, will assume the top role at DWS from June 10.
Deutsche Bank, DWS raided over allegations of greenwashing
DWS has faced regulatory probes in the US and Germany after its former chief sustainability officer, Desiree Fixler, went public with greenwashing allegations last year.
ESG fund asset managers need to provide clarity for investors
Given the disconnect between what ESG investors expect and what some ESG funds are actually investing in, it's time for some serious reputation risk management.
Deutsche Bank’s DWS rejects claims it overstated ESG assets
On Thursday, the asset manager's shares had plunged as much as 14.2% on the news that Germany’s financial markets regulator, BaFin, and U.S. prosecutors were probing claims by a former sustainability executive that DWS overstated the amount of assets adhering to social and environmental criteria.
Deutsche sees slew of departures in US wealth unit
At least 10 senior bankers and numerous junior employees across the world’s largest wealth management market have left, according to people familiar with the matter.
DOL may extend exemption allowing Deutsche to manage retirement funds
The banking giant, which was convicted of wire fraud in connection with a Libor-rigging scheme, currently enjoys key rule exemption.
Deutsche Bank to slash workforce by one-fifth as part of radical overhaul
Historic revamp underscores failure of bank's CEO and predecessors to reverse slide in profitability.
Deutsche Bank settles 401(k) self-dealing lawsuit for $21.9 million
Settlement is among the largest for financial services firms ensnared in similar litigation.
Guggenheim is poised to become a heavyweight
Guggenheim Partners LLC might not be a household name, but its latest deal could go a long way toward changing that.
Fast Track: Dreman’s new president is dreamin’ big
It has been a topsy-turvy year for Scudder Investments in New York.
