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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.
May 9 -
Ryan, McConnell say they have a deal on a bipartisan Dodd-Frank rollback; New York won more than $5 billion in settlements from big banks under the former AG.
May 9 -
The bank and European air carriers are hoping to cut into air fare payment fees that are as high as $8 billion per year.
May 7 -
Overseas firms have been subject to nonpublic versions of the Federal Reserve reviews, but observers say some foreign banks may be tripped up by the public version.
May 1 -
Agencies are examining regulating cybercurrencies not named bitcoin; is Paul Achleitner to blame for the German bank’s problems?
May 1 -
The measures will lead to a “significant reduction” in the roughly 97,100-person workforce this year, the German banking giant said.
April 26 -
Bank’s net income plunges, will focus on Europe growth; FTC says the company charged hidden fees.
April 26 -
All 12 directors win nearly 90% of the vote, as does longtime auditor KPMG; Mulvaney says records haven’t been vetted by the agency and shouldn’t be released.
April 25 -
Bill to end the guidance intended to fight discriminatory lending now goes to the House; card company’s push to make more loans to customers pays dividends.
April 19 -
A $1 billion penalty being bandied about; Deutsche’s problems may be too big to eradicate.
April 10