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Deutsche Bank Pays $1.6 Billion in Settlement for Bernard Madoff Scandal Claims

Deutsche Bank AG (DBKGn.DE) has settled a lawsuit against two offshore funds, the Kingate Global Fund and Kingate Euro Fund,…

Deutsche Bank Settles Misselling Allegations for $7 Billion

Summary: Germany's largest bank has agreed to pay the federal government billions of dollars to settle a misselling case. Deutsche…

Deutsche Bank Fights $14 Billion Order

Summary: Deutsche Bank is the latest bank to enter into negotiations with the Department of Justice over their part in…

Deutsche Bank Changing General Counsel

Summary: Deutsche Bank, in the midst of their largest legal bills, will have two new general counsels by the beginning…

Deutsche Bank Paying for Their Role in the Financial Crisis

Summary: Deutsche Bank has yet to resolve several legal issues from their participation in the financial crisis, resulting in large…

Second Employee of Deutsche Bank Commits Suicide

Summary: Calogero Gambino, a lawyer for Deutsche Bank, was found hanged in New York City in an apparent suicide as the…

Former Deutsche Bank Salesman Admitted to Bribery

A former Deutsche Bank salesman, Shigeru Echigo, has admitted to bribery charges in Tokyo, but Shigeru Echigo, 37, stated that…

$1.9 Billion to Settle Deutsche Bank Lawsuit

In efforts between Deutsche Bank and the U.S. Federal Housing Finance Agency over mortgage-backed securities, Deutsche Bank, Germany's biggest bank,…

Deutsche Bank Sued by US Government for Mortgage Fraud, Feds Represented by US Attorney Preet Bharara

On Tuesday, May 3, the Deutsche Bank was sued by the federal government, represented by US Attorney Preet Bharara.  The…

Banks Have a Mere $65 Billion in Outstanding Legal Costs

Summary: Although many banks have already paid significant sums for their roles in the 2008 financial crisis, many still face…

Major Banks Reporting High Legal Expenses

Summary: As government agencies continue to review evidence against banks for any wrongdoing committed during the financial crisis, these banks…

Banks Accused of Manipulating the Benchmark

According to a filing with a U.S. federal court in New York, five banks involved in setting the London benchmark…