Deutsche Bank Pays $100MM To Resolve Chinese Bribery Scandal
By Tyler Durden For a minute there, it looked like Goldman Sachs might steal Deutsche Bank’s crown as the most felonious bank on Wall Street. The massive penalty Goldman paid to resolve criminal proceedings tied to its role in helping a gang of corrupt plutocrats ransack a public development fund erased the fruits of a…
Deutsche Bank Mulls Permanent Remote-Work Requirements To Save On Rent
As Deutsche Bank CEO Christian Sewing looks to cut operating costs and headcount to try and meet lofty targets for return on shareholder’s tangible equity, he has apparently stumbled upon a novel approach that has been shunned by American rivals like JPM: Making ‘working from home’ a permanent part of Deutsche Bank’s ‘culture’. Source: Statista…
Deutsche Bank Proposes A 5% “Work From Home” Tax
By Tyler Durden At a time when the Fed is already monetizing the entire US budget deficit thanks to helicopter money, sparking conversations about the utility of taxation, and when a Biden administration is set to at least try and roll back most of the Trump tax cuts, the last thing the population wants to…
Deutsche Bank Wants To “Sever Ties” With Trump By Offloading Business Loans
Considering all the airtime that CNN and MSNBC have devoted to speculation about President Trump’s alleged ties to shadowy Russian financiers, the New York Times’ decision to publish all those details from the president’s tax returns has ironically proven that Trump doesn’t owe any substantial money to “Russia”. Rather, while Trump’s company owes millions of…