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Tom Sims

reuters.com

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  • reuters.com
    8 articles
  • Reuters
    4 articles

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  • Police spend second day searching Deutsche Bank headquarters
    30 Nov 2018—reuters.com
    FRANKFURT (Reuters) - Police searched Deutsche Bank’s (DBKGn.DE) headquarters in Frankfurt for a second day on Friday over money laundering allegations linked to the Panama Papers and shares in the company fell to a record low. Police vehicles are parked in front of Deutsche Bank headquarters as roughly 170 criminal police officers, prosecutors and tax inspectors searched Deutsche Bank offices in and around Frankfurt, Germany, November 29, 2018, on money laundering allegations, the public...
  • Ex-JPMorgan CFO's activist fund takes stake in Deutsche Bank
    1 Nov 2018—reuters.com
    FRANKFURT (Reuters) - An activist hedge fund led by the former finance chief of JP Morgan Chase has taken a 3.1 percent stake in Deutsche Bank (DBKGn.DE), saying it backed new CEO Christian Sewing’s efforts to turn around Germany’s biggest bank, but there was more to do. FILE PHOTO: Christian Sewing, new CEO of Germany's Deutsche Bank, gestures as he addresses the audience during the bank's annual meeting in Frankfurt, Germany, May 24, 2018. REUTERS/Kai Pfaffenbach/File Photo The move by New...
  • Deutsche Bank stumbles on path to profit as revenue recedes
    24 Oct 2018—reuters.com
    FRANKFURT (Reuters) - Deutsche Bank’s (DBKGn.DE) bleak third quarter results and revenue forecast overshadowed its assertion on Wednesday that it is on track to return to profit this year, knocking its shares. FILE PHOTO: The logo of Deutsche Bank is seen at its headquarters ahead of the bank's annual general meeting in Frankfurt, Germany May 18, 2017. REUTERS/Ralph Orlowski After three years of losses, a failed stress test, several attempts to restructure, a leadership shake-up and a ratings...
  • Deutsche Bank dismisses merger reports as 'fictions'
    26 Sep 2018—reuters.com
    FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) has dismissed speculation that it might seek a merger as “fictions”, after media reports suggested Germany’s biggest lender might seek tie ups with Switzerland’s UBS or German peer Commerzbank. FILE PHOTO: Christian Sewing, new CEO of Germany's Deutsche Bank, speaks during the bank's annual meeting in Frankfurt, Germany, May 24, 2018. REUTERS/Kai Pfaffenbach/File Photo Speculation about a possible merger has increased as Deutsche Bank battles to...
  • Deutsche Bank ordered to do more to prevent money laundering
    24 Sep 2018—reuters.com
    FRANKFURT (Reuters) - Germany’s financial watchdog has ordered Deutsche Bank (DBKGn.DE) to do more to prevent money laundering and “terrorist financing,” and has appointed a third party to assess progress. FILE PHOTO: A London taxi is driven past a Deutsche Bank building in the City of London March 30, 2016. REUTERS/Russell Boyce/File Photo BaFin said on Monday this was the first time it had made such an appointment at a bank related to money laundering. European regulators are stepping up...

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