Article: Deutsche Bank Revamps Controls as New Lapses Threaten Turnaround

Article - Media

Deutsche Bank Revamps Controls as New Lapses Threaten Turnaround

Steven Arons, 15 June 2021

Deutsche Bank AG revamped the units seeking to detect and prevent financial crimes after a number of recent compliance issues risk undermining progress in Chief Executive Officer Christian Sewing’s turnaround plan.

Chief Administrative Officer Stefan Simon, in a memo to employees Tuesday, announced a reorganization of his business into six units, with the aim of reshaping the bank’s anti financial crime efforts. As part of the changes, Mary Kirwan, a former Credit Suisse Group AG executive, and Jan-Gerrit Iken from Commerzbank AG will join. Continue reading “Article: Deutsche Bank Revamps Controls as New Lapses Threaten Turnaround”

Article: Hong Kong activist charged with foreign collusion under national security law

Article - Media, Publications

Hong Kong activist charged with foreign collusion under national security law

Jessie Pang and James Pomfret,  24 March 2021

HONG KONG (Reuters) – Hong Kong pro-democracy activist Andy Li was charged on Wednesday with “conspiracy to commit collusion” with a foreign country to endanger national security, two days after he was released from a Chinese prison.

At the city’s West Kowloon Court, the prosecutor told the judge that Li, who had been detained by Chinese authorities after trying to flee Hong Kong for Taiwan by boat with 11 others last August, would also be charged with two other offences including possession of ammunition without a licence.

The ammunition in question included used tear gas canisters.

Under the city’s China-imposed national security law, defendants could face up to life in prison if convicted. Continue reading “Article: Hong Kong activist charged with foreign collusion under national security law”

Subject: Stefan Simon

Subject of Interest

Stefan Simon is Chief Administrative Officer (CAO) at Deutsche Bank and is responsibility for regulatory and legal affairs. He has been a member of Deutsche Bank’s Supervisory Board since August 2016 and has been Chairman of its Integrity Committee. Simon is a lawyer and tax consultant and a former partner at Flick Gocke Schaumburg. He has taught at the University of Cologne since 2008.



Deutsche Bank


Subject: Matt Simon

Subject of Interest

Matt Simon joined Citadel in 2004, He has served in a number of roles including Portfolio Manager for the Global Equities Energy and Industrials team, Capital Goods Analyst on the Global Equities Industrials team and Analyst on Citadel’s Event Driven team. He served as Citadel’s Regional Head of Equities in Chicago from 2013-2016. Prior to joining Citadel, Mr. Simon was an Associate at Madison Dearborn Partners on their communications investment team and an Analyst at Salomon Smith Barney. Simon received a bachelor’s degree in Accounting with high honors from Lehigh University and a Master of Business Administration from Northwestern University’s Kellogg School of Management.

Continue reading “Subject: Matt Simon”

Article: In Pursuit of the Naked Short by Alexis Stokes

Article - Academic

In Pursuit of the Naked Short

Alexis Stokes, Texas State University

Journal of Law and Business 5/1 (Spring 2009)

This article explores the origins of naked short-selling litigation; considers
the failures of significant naked short-selling lawsuits in federal court;
surveys the obstacles erected collectively by constitutional standing requirements, the Federal Rules of Civil Procedure, the Private Securities Litigation Reform Act, brokerage firms, death spiral financiers, and the Depository Trust and Clearing Corporation; examines the efficacy of Regulation SHO, SEC rule 10b-21, and new FINRA rules; discusses recent state legislation and state court litigation; and identifies non-litigation options to curb naked short-selling. Ultimately, this article seeks to answer the question: If manipulative naked short-selling is more than a mythological scapegoat for
small cap failure, what remedies are, or should be, available?

PDF (62 Pages): Article In Pursuit of the Naked Short