Germany's Bundesbank and financial watchdog Bafin are reportedly investigating Deutsche Bank...


Germany's Bundesbank and financial watchdog Bafin are reportedly investigating Deutsche Bank (DB) over allegations by former employees that it hid up to $12B in losses during the financial crisis by incorrectly valuing credit derivatives. Deutsche Bank has denied the claims, with CFO Stefan Krause saying in December that after reporting them to the SEC, the agency had not brought an enforcement action.
From other sites
Comments (1)
  • debsty
    , contributor
    Comments (13) | Send Message
     
    Oh you mean how they supposedly claimed to own notes they didn't own and foreclosed on? Than turned around and sold the fraud to private hedge funds? Fraud is Fraud DB and your up to your neck in it. I hope this bank gets the same as Washington Mutual who Deutsche Bank stole the notes they held in custody for Washington Mutual and Long Beach, from. Thousands of homes were stolen by this bank in fraud, in this country. The SEC needs to finally do its job concerning this bank and it needs to be held accountable and also banned from working in this country.
    4 Apr 2013, 09:32 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs