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Jenny Strasburg

Senior Correspondent, Energy Transition/Oil+Gas/Climate at WSJ

London-based reporter covering cyber crime/security/intelligence in EMEA & globally. I care about threats to companies, governments and individual privacy - the victims, perpetrators and pursuers.

Publications

  • The Wall Street Journal
    10 articles
  • WSJ

Writes Most On

DeutscheBankBankChristianMoneyLaunderingInvestmentBankingTaxEvasionChiefOperatingOfficerJohnGibbonsTelecommunicationRepublicanPartySlumpBipartisanshipChiefExecutiveOfficerSoftBankGroupFinancialCrimeUnitedStatesSenateCommitteeOnBankingHousingAndUrbanAffairsCEOFrankfurtGermanyTheUnitTaxHavenMoltkeTradeFinanceJPMorganChaseStockUnitedStatesCongressDivisionCapitolHill
  • Deutsche Bank Faces Fresh Calls for Scrutiny in Congress
    13 Dec 2018—The Wall Street Journal
    The request Thursday from Senators Elizabeth Warren (D., Mass) and Chris Van Hollen (D., Md.) cites probes into the German lender’s activities in Russia and its role in recently surfaced money-laundering investigations tied to a Denmark banking scandal and offshore tax havens. Deutsche Bank hasn’t been accused of wrongdoing in the new probes and said it is cooperating with authorities. “Deutsche Bank takes its legal obligations seriously and remains committed to cooperating with authorized...
  • Deutsche Bank Defends Itself With Stock Near All-Time Low
    7 Dec 2018—The Wall Street Journal
    Last week’s raid was expected to be discussed at a multiday meeting of Deutsche Bank’s supervisory board ending Thursday, according to people close to the bank. Frankfurt prosecutors swarmed the bank and a Deutsche Bank employee’s home with 170 officers over two days. They said their investigation stemmed from documents in the so-called Panama Papers leak of records in 2016 about a now-defunct Panamanian law firm that specialized in offshore holding companies. Related Deutsche Bank has said...
  • Deutsche Bank Offices Raided in Money-Laundering Probe
    29 Nov 2018—The Wall Street Journal
    The investigation includes a focus on two unidentified Deutsche Bank employees aged 50 and 46 and other unidentified employees suspected of helping clients create offshore entities in tax havens, the city’s prosecutor’s office said in a statement Thursday. They said their investigation is continuing. A spokeswoman added at midday that the searches might continue into Friday. Deutsche Bank confirmed the investigation involving an unspecified number of the lender’s offices in Germany. The...
  • Deutsche Bank’s Trading Revenue Weighs on Third-Quarter Results
    24 Oct 2018—The Wall Street Journal
    Shares were down 4% in Wednesday morning trading. They have fallen 43% this year, and are trading near multiyear lows at around €9 ($10). European banks are broadly expected to lag behind their U.S. peers, according to analysts, as continental banks kicked off earnings season Wednesday. Germany’s largest lender said third-quarter profit fell 65% to €229 million ($263 million). Net revenue fell 9% to €6.2 billion from a year earlier, roughly in line with analysts’ expectations. Shares in the...
  • Deutsche Bank Senior Banker Advised Bosses to Consider Breakup
    19 Sep 2018—The Wall Street Journal
    In April, Mr. Dupree shared his conclusions with Deutsche Bank’s chief financial officer, James von Moltke. The finance chief considered the analysis well-intended but superficial, a person familiar with his feedback said. Even so, the recommendations from a top deal-maker who had been with the bank since 2006 indicate how deep a rut Deutsche Bank is in. The firm faces high funding costs and a depressed share price, reflecting investor doubts about a turnaround. Mr. Dupree’s analysis...

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