Deutsche Bank

The moves are seen as setting the stage for CEO James Gorman’s eventual retirement; banks outside the U.S. are suffering from the greenback’s recent rise.

JPMorgan Chase denied a report in the German magazine WirtschaftsWoche that it's interested in acquiring a stake in Deutsche Bank, after the lender's share price slumped.

The banker made $140,000 in illegal trading profits; the German bank faces Fed stress test and “living will” examination soon.

Deutsche Bank's U.S. business was put on a Federal Reserve list of problem banks and added to a group of troubled lenders monitored by the FDIC, according to a person familiar with the matter.

Deutsche Bank Chief Executive Officer Christian Sewing said the lender is committed to the U.S., seeking to dispel "rumors" to the contrary as the firm cuts back in some businesses there.

Otting wants banks to make small loans to consumers; the German bank will reduce headcount by at least 7,000.

Banks feeling the pressure in commerical lending from lightly-regulated, cash-flush competitors; financial institutions take "an increasingly militarized approach" to fighting cybercrime.

Christian Sewing doesn’t only have to reshape the company, revive profits and improve morale, he has to get regulators off Deutsche Bank’s back.

Marcus unit will start taking deposits in the U.K. next month; the bank uses the technology to complete a trade finance letter of credit for Cargill.

The German banking giant isn’t targeting a specific level of cuts in the U.S. and the final figure will depend on each business line’s decisions, a source said. The U.S. makes up about one-tenth of its global workforce.