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Matt Scuffham

Exclusive: U.S. digs deeper into Deutsche role in Danske money laundering scandal - sources

02 Dec 2019

FRANKFURT/NEW YORK The U.S. Department of Justice has in recent weeks stepped up its investigation into Deutsche Bank's role in the 200 billion euro ($220 billion) Danske Bank money laundering scandal, four people familiar with the inquiry told Reuters. | Video

Fed holds off on permanent lending tool as policymakers mull details

21 Nov 2019

NEW YORK The Federal Reserve will hold off deciding whether to introduce a permanent lending facility aimed at staving off the money market ructions seen earlier this fall even as a growing number of policymakers warm to the idea, several sources told Reuters.

Exclusive: Goldman Sachs plans shift from revenue goal at first investor day

11 Nov 2019

NEW YORK More than two years ago, Goldman Sachs Group Inc told investors it would find $5 billion in fresh annual revenue by 2020. Now, the bank may move away from that goal to focus on a wider range of metrics.

Exclusive: Wall Street banks see green light from Fed on reserves - sources

18 Oct 2019

NEW YORK/WASHINGTON Wall Street banks believe they are getting a green light from supervisors to hold more Treasury debt and less cash after last month's volatility in overnight lending markets, three industry sources told Reuters.

EXCLUSIVE-Wall Street banks see green light from Fed on reserves -sources

18 Oct 2019

NEW YORK/WASHINGTON, Oct 17 Wall Street banks believe they are getting a green light from supervisors to hold more Treasury debt and less cash after last month's volatility in overnight lending markets, three industry sources told Reuters.

Deutsche Bank tells U.S. court it does not have Trump's tax returns

11 Oct 2019

NEW YORK Deutsche Bank says it does not have copies of U.S. President Donald Trump's tax returns, a U.S. appeals court said on Thursday, closing one possible avenue for the Democratic-led U.S. House of Representatives to obtain the returns.

Exclusive: Deutsche Bank has discussed adding assets to bad bank if sales go well - sources

19 Sep 2019

NEW YORK Some senior Deutsche Bank AG officials have discussed the possibility of putting additional problematic assets worth billions of euros into a unit it created earlier this year, if the bank is able to sell assets already held within that "bad bank," according to three bank sources.

Exclusive: U.S. congressional probe finds possible lapses in Deutsche Bank controls - sources

07 Sep 2019

LONDON/NEW YORK U.S. congressional investigators have identified possible failures in Deutsche Bank AG's money laundering controls in its dealings with Russian oligarchs, after the lender handed over a trove of transaction records, emails and other documents, three people familiar with the matter said. | Video

BNP Paribas plans bid for Deutsche Bank's equity derivatives

29 Aug 2019

NEW YORK French lender BNP Paribas plans to bid for Deutsche Bank's equity derivatives book and is hopeful it can beat off rival bidders to secure a deal in the next few weeks, according to sources familiar with the matter.

Exclusive: Deutsche Bank sets aside $1.1 billion to exit derivatives

02 Aug 2019

NEW YORK Deutsche Bank has set aside over 1 billion euros ($1.1 billion) to cover the cost of offloading derivatives in its 'bad bank,' or capital release unit, three sources at the bank told Reuters.

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