Deutsche Bank Arm in Multi-Million Dollar Payout
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The brokerage unit of Deutsche Bank has voluntarily agreed to pay almost $90 million in compensation to settle allegations of misconduct, US regulators announced Friday.
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The folks at the firm are poised for a mega cash out.
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IKB Deutsche Industriebank AG, wracked by losses from the U.S. subprime mortgage crisis, will sell 1.5 billion euros ($2.2 billion) in shares as part of a government-sponsored bailout, provided its shareholders agree to the move.
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Deutsche Bank took a pretax charge of $787 million for the fourth quarter to pay for job reductions, including about 1,900 positions in Germany.
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FRANKFURT Deutsche Bank said Friday that third quarter net income rose a better-than-expected 18 percent from a year earlier, to â¬680 million, helped by the sale of property in New York that was damaged by the Sept.
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Ireland's biggest bank, Allied Irish Bank, has paid back millions of euros to customers who were levied with incorrect foreign exchange charges, chairman Dermot Gleeson said.
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German banks and the regional government have agreed how they will cover some 17.5 billion euros ($25.70 billion) worth of troubled state lender SachsenLB's risks as part of a deal to rescue the bank, several sources familiar with the situation said on Thursday.
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Barclays has agreed to pay an undisclosed amount to German state bank HSH Nordbank to settle a closely watched dispute over the management of a credit derivative known as a collateralised debt obligation, ...
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Eurocastle Investment, a London-listed group managed by US private equity group Fortress Investment, is to pay â¬300m (Â£210m) for a Deutsche Bank property portfolio, the latest deal in the vast property sell-off under way in Germany.
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Delta Air Lines Inc. has obtained up to $600 million in new financing and has agreed to conditions that require it to get court approval to repay the money even if it files for bankruptcy.
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The loan servicer is raising some serious cash.
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Deutsche Bank AG, Europe&#39;s third- biggest bank, will book a loss of less than 40 million euros ($54.1 million) from the sale of real estate assets to Eurocastle Investment Ltd.
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In the news release, Moniker Brings Multi-Milli
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Investment bank Morgan Stanley's   Chief Executive John Mack has been awarded a bonus worth  about $40 million in stock and options for 2006, according to a  regulatory filing on Thursday.
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Lone Star Funds, which tried and failed to acquire Bankgesellchaft Berlin AG last year, agreed to buy 3.6 billion euros ($4.4 billion) in mostly defaulted German loans, the biggest such purchase in the country.
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Dutch bank ABN Amro pays out $4.5m to try to settle a dispute with the Vietnamese authorities that have detained four of its staff.
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Deutsche Bank, the biggest bank in Germany, is interested in buying Abbey Life -- the direct insurance unit of Lloyds TBS estimated to be worth 1.38 billion euros (1.9 billion dollars) -- the Financial Times Deutschland reported Monday.