Legal News

Deutsche Bank Paying for Their Role in the Financial Crisis
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Deutsche Bank

Summary: Deutsche Bank has yet to resolve several legal issues from their participation in the financial crisis, resulting in large legal fees that they have paid and have yet to pay.

The legal bills for Deutsche Bank AG have reached $12.1 billion and are still going strong. The fines and settlements that the bank has had to pay for are expected to continue for the next few quarters. Their legal bill for this year’s second quarter was 1.23 billion euros, most of which went to U.S. mortgage issues.


Deutsche Bank is not the only one seeing some hefty bills for manipulating the financial markets, including helping clients break the law and not disclosing the risk of some financial products. Deutsche Bank believes they have settled some of the bigger cases, there are still several litigation matters to happen during the upcoming years.

The Banks litigation reserves fell from 4.8 billion euros to 3.8 in three months after paying $2.5 billion for their participation in the interest rate manipulation. They also face 3.2 billion euros in contingent legal liabilities.

For the first time, the bank has acknowledged a suspicious number of Russian and U.K. equities trades that they will investigate, noting that they have taken action against a good number already. They have not yet resolved the investigations into their foreign exchange market manipulation or if they broke U.S. laws by processing payments for countries under trade sanctions.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!

Their legal bill in the last three years is 9.87 billion euros.




Interesting Legal Sites You May Like




Search Now

General Municipal Law Attorney with land use experience


Oakland office of our client seeks general municipal law attorney with experience advising public ag...

Apply Now

Senior Land Use Attorney with experience

USA-CA-San Francisco

San Francisco office of our client seeks senior land use attorney with 7+ years of experience. The c...

Apply Now

Immigration Attorney with portable business


McLean office is seeking an immigration attorney with $500,000+ in portable business.

Apply Now

Litigation Attorney with 5-7 years of civil tort experience


Dallas office of our client seeks litigation attorney with 5-7 years of civil tort experience, inclu...

Apply Now


Experienced Insurance Defense Attorney Needed


Insurance Defense firm (with 15 attorneys in Suffolk and Mineola location), seeks attorneys with 5+ ...

Apply now

Corporate / Commercial Attorney | Lebanon, NH


Downs Rachlin Martin PLLC seeks an experienced corporate / commercial attorney to join its Lebanon o...

Apply now

Business Law Junior Associate | Burlington, VT


Downs Rachlin Martin seeks associate attorney with 1-3 years of experience to join its Commercial an...

Apply now

Business Law Associate | Burlington


Downs Rachlin Martin is seeking an attorney with 4 to 8 years of experience to join its very busy pr...

Apply now

Most Popular


To Top