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German police raid Deutsche Bank for tax dodging
German prosecutors and tax police have raided the offices of Deutsche Bank, Germany’s biggest lender said on Wednesday. “As part of an ongoing investigation against individuals suspected of tax fraud connected with trading in carbon emissions certificates, prosecutors searched the premises of Deutsche Bank in Frankfurt,” a bank spokesman said.…
World’s top banks hit with Moody’s downgrade
The health of 15 of the world’s largest financial institutions has been called into serious question after Moody’s downgraded their credit ratings, citing risk exposure and the eurozone crisis. Some of the biggest names in banking — including Goldman Sachs, Barclays, Citigroup, HSBC and Deutsche Bank — saw their ratings…
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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