Deutsche Bank, BlackRock CEOs warn against too much optimism in markets
Reuters Staff, 27 May 2020
FRANKFURT (Reuters) – The heads of Deutsche Bank DBKGn.DE and BlackRock BLK.N on Wednesday warned against too much optimism in financial markets. Continue reading “Article: Deutsche Bank, BlackRock CEOs warn against too much optimism in markets”
Christian Sewing is the CEO of Deutsche Bank since 2018 and has been a member of the Management Board since 2015. He joined Deutsche Bank in 1989. From January until June 2015, he was responsible on the Management Board for Legal, Incident Management Group and Group Audit, and assumed responsibility for Deutsche Bank’s Private & Commercial Bank (including Postbank) between July 2015 and April 2018. Before graduating with a diploma from the Bankakademie Bielefeld and Hamburg, Christian Sewing completed a bank apprenticeship at Deutsche Bank in 1989.
The Fed scolded Deutsche Bank for money-laundering protections, new report says
Business Insider, 14 May 2020
The Federal Reserve recently lambasted Deutsche Bank for loose controls as the firm looks to overhaul its reputation, The Wall Street Journal reported Thursday, citing a person familiar with the matter.
The central bank notified Deutsche Bank in a letter that it had ongoing concerns about the firm’s US money-laundering protections, according to the report. The Fed also criticized the company for not resolving issues that led to its “troubled condition” classification in 2017.
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