Re:Deutsche Bank to fight $14B demand from U.S. authorities
by pinaceae on Friday September 16, 2016 @01:54PM
(#12515883)
The US fine is only for shenanigans pulled in the US, other banks in US paid even higher fines (JPMorganChase and BoA settled for 13-17bn each).
The other investigations are handled by other entities in Europe and Russia. And there are two levels at play: breaking the law in the first place and then being stupid enough to be caught.
The other investigations are handled by other entities in Europe and Russia. And there are two levels at play: breaking the law in the first place and then being stupid enough to be caught.
See here for details: https://en.wikipedia.org/wiki/Deutsche_Bank#Controversies
It is a shit-show of epic proportions.