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U.S. regulator FDIC sues major banks over Libor manipulation

The US Federal Deposit Insurance Corporation sued HSBC, Citigroup, Deutsche Bank and 12 other global banking heavyweights for manipulating the Libor benchmark interest rate. The manipulation caused "substantial losses" to 38 US banks that were shut……

After five banker deaths in January, a sixth: J.P. Morgan exec jumps in Hong Kong

Across the world, bankers are plummeting to their deaths. In the latest of a series of fatal falls,  a 33-year-old J.P. Morgan employee leapt from the roof of J.P. Morgan’s Hong Kong headquarters on Tuesday, above, plunging thirty stories to his death. The employee’s role at the bank was unknown. Witnesses…

Goldman Sachs decides to stop trading uranium after links to Iran exposed

By David Sheppard LONDON (Reuters) – Goldman Sachs and Deutsche Bank are quietly trying to get out of a business few people know they are even in: trading supplies of raw uranium known as yellowcake. In the last four years, the banks have amassed low-grade stockpiles of the nuclear fuel…

Package sent to Deutsche Bank CEO was bomb

FRANKFURT (Reuters) – A suspicious envelope sent to Deutsche Bank Chief Executive Josef Ackermann was a letter bomb capable of exploding, investigators said on Thursday. No one has so far claimed responsibility for the package, which was intercepted late on Wednesday. It raised fears that a wave of protest against…

Cops, movers refuse to foreclose on 103-year-old woman

In a heart warming story just in time for the holiday season, a 103-year-old woman in Atlanta avoided foreclosure of her home Tuesday afternoon, thanks entirely to the kindness of strangers. According to WSBTV Atlanta, movers hired by Deutsche Bank AG and police were ready to go through with the…

New wind-energy label gains Deutsche Bank support

Deutsche Bank and a handful of other global firms pledged on Friday to get at least 25 percent of their energy from wind. Companies including Deutsche Bank, the news service Bloombergand the medical technology firm BD announced they would sign on to a new label, WindMade, which will designate companies that usewind energy. The…

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