Posts tagged "conflicts of interest"
UNITE HERE Launches "Station Casinos IPO Dissected" Website

UNITE HERE Launches “Station Casinos IPO Dissected” Website

Deutsche Bank has a minority stake in Station Casinos, and UNITE HERE has called on the Securities and Exchange Commission (SEC) to require full disclosure of the bank’s regulatory problems in Station Casinos Corp.’s IPO registration filings. {read more}
Poll: Should Deutsche Bank consent to the release of BaFin's LIBOR probe results?

Poll: Should Deutsche Bank consent to the release of BaFin’s LIBOR probe results?

This month BaFin will complete its probe of LIBOR rate-rigging allegations at Deutsche Bank.  Opposition party politicians in Germany have asked BaFin to release the results of its investigation into Deutsche Bank’s alleged role in the LIBOR rate-rigging scandal.  BaFin claims that under German bank secrecy law it is unable to release the investigation without the bank’s consent.   {read more}
Did Deutsche Bank Mislead Rating Agencies?

Did Deutsche Bank Mislead Rating Agencies?

According to a recent report by ProPublica, in 2007, a junior analyst at Deutsche Bank, Ajit Jain, was asked to manipulate a spreadsheet “to make a Deutsche security look less risky to ratings agency.” {read more}

“Mr. Something to Hide”? SEC Chief Khuzami and Deutsche Bank

On November 28, 2011, Judge Jed S. Rakoff of Federal District Court filed a “blistering” 15-page opinion in response to the SEC’s proposed $285 million settlement over a $1 billion CDO packaged by Citigroup. According to the SEC, Citigroup’s clients took a loss of $700 million while Citi raked in $160 million in profits on its short position. Citigroup neither confirms nor denies the charges. {read more}