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The gradualist approach to change has won out at both institutions
BaFin issues penalty seven years after German lender paid record $2.5bn settlement over Libor
Dismissal came after female trainee made allegations against two male colleagues
German lender failed to alert authorities about internal complaint at asset management unit
Olivier Vigneron, part of the ‘London whale’ clean-up team at JPMorgan, to join German lender in March
German lender picks 61-year-old Dutchman Alex Wynaendts after a protracted search
Christian Sewing says ultra-loose interest rate policy ‘has lost its effect’
Financial sector pressured to cut exposure to carbon-intensive industries
Plus, T Rowe Price makes a move into alternative assets
Investors will wonder what might have accrued to them had DWS not been split off
Germany’s biggest bank reports rise in quarterly profits but cost targets weigh on stock
Payment made for information that led to enforcement action by US and overseas regulators
Spanish hotel group’s legal claim is tied to sale of exotic financial products
Congress finds ex-president also failed to disclose source of $3.7m from foreign governments
German lender’s top compliance executive says good controls can be ‘painful’ for business
Plus, a famed Hollywood dealmaker raises his wager on sports betting and Goldman sees dollar signs in China’s booming pet market
A fabulous run for fixed income is no guide to the future — especially with rates expected to rise and prices fall
Probe that dismissed concerns may have suffered from conflict of interest, whistleblower says
Achleitner says international watchdogs struggle to accept legal limits of country’s supervisory boards
Lender criticised watchdog for missing misconduct by its own bankers and other financial scandals
German authorities say evidence against Alexander Schütz does not justify a formal investigation
For the brave or foolhardy, UK lender remains the better bet
Germany’s biggest lender reports best run of profits in almost a decade
European equities also jump with UK FTSE 100 enjoying best day’s performance since February
Internal investigation is examining as many as 100 cases tied to the sale of currency derivatives
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