Posts belonging to Category Deutsche Bank
Posted by Page PerryonApril 15, 2011
A 650-page Senate report on the causes of the financial crisis, citing internal documents and private communications of bank executives, regulators, credit ratings agencies and investors, identifies culprits whose business practices were rife with conflicts and deception, according to a New York Times article by Gretchen Morgenson and Louise Story called “Naming Culprits in the […]
Categories: Asset Backed Securities, Brokerage Firms, CDOs, Common Securities Broker Abuses, Credit Default Swaps, Derivatives, Deutsche Bank, Goldman Sachs, Investigations, Investment Advisers, Investor Alerts, Mortgage Backed Securities, Mortgage Securities & Collateralized Debt Obligation Problems, Regulatory Developments, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Structured Notes
Posted by Page PerryonMarch 28, 2011
In a decision “likely to ripple across Germany’s banking sector,” a German court ruled that Deutsche Bank failed to disclose the “real and ruinous” risks and its “gross conflict of interest” in selling interest rate swaps to a business client, according to a Wall Street Journal article entitled “Deutsche Bank Loses Swaps Case” by Laura […]
Categories: Brokerage Firms, Common Securities Broker Abuses, Derivatives, Deutsche Bank, Investor Rights, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Stockbroker Standards of Conduct
Posted by Page PerryonMarch 15, 2011
Expecting licensed professionals who provide investment advice to act in their clients’ best interests “should be a basic tenet of the business,” but brokerage firms and their brokers don’t want that fiduciary yoke, says Karen Blumenthal in her InvestmentNews article, “When Your Adviser Can’t Be Trusted.” Moreover, they don’t want the public to know that […]
Categories: A General Overview, Ameriprise, Bank of America, Bank of New York Mellon, Brokerage Firms, Charles Schwab, Citigroup/Smith Barney, Common Securities Broker Abuses, Credit Suisse, Deutsche Bank, Fairness/Just & Equitable Conduct, Fidelity, Goldman Sachs, Investment Advisers, Investment Malpractice, Investor Alerts, J. P. Morgan Chase, Legg Mason, LPL Financial, Merrill Lynch, Morgan Keegan, Morgan Stanley, Oppenheimer, Raymond James, RBC Dain Raucher, Regulatory Developments, Securities America, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools, SunTrust, TD Ameritrade, UBS, Wachovia, Wells Fargo
Posted by Page PerryonMarch 10, 2011
A federal judge has ruled that an institutional investor that lost over $200 million in auction rate securities sold by brokerage firm Deutsche Bank Securities can also bring a claim against that firm’s parent company, Deutsche Bank AG, according to a recent BNA article entitled “Deutsch Bank Loses Bid to Dismiss Control Person Claims by […]
Categories: Auction Rate Securities, Brokerage Firms, Common Securities Broker Abuses, Deutsche Bank, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation
Posted by Page PerryonFebruary 16, 2011
If you are an investor who lost money in the financial crisis, your stockbroker or investment advisor may owe you money. There are a variety of legal claims that can be brought for investment malpractice, ranging from fraud and misrepresentation to making unsuitable investment recommendations. But there are also legal deadlines for bringing such claims, […]
Categories: Asset Backed Securities, Auction Rate Securities, Bank of America, Bank of New York Mellon, Barclays, Brokerage Firms, CDOs, Citigroup Hedge Funds, Citigroup/Smith Barney, Common Securities Broker Abuses, Credit Default Swaps, Credit Suisse, Derivatives, Deutsche Bank, Goldman Sachs, Hedge Funds, Investment Advisers, Investment Malpractice, Investor Alerts, J. P. Morgan Chase, Legg Mason, LPL Financial, Misrepresentation/Omission, Morgan Keegan, Morgan Stanley, Mortgage Backed Securities, Mortgage Securities & Collateralized Debt Obligation Problems, Oppenheimer, Preferred Stocks, Raymond James, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Structured Notes, SunTrust, UBS, Unsuitable Recommendations, Wachovia, Wells Fargo
Posted by Page PerryonFebruary 14, 2011
The new whistleblower program that pays big cash rewards for tips about investment fraud has already resulted in a large number of high quality tips to the SEC, according to a news story this week on CNBC. According to the report, the SEC expects to receive 30,000 tips this year?just one year after the program […]
Categories: Ameriprise, Bank of America, Bank of New York Mellon, Barclays, Brokerage Firms, Charles Schwab, Citigroup/Smith Barney, Credit Suisse, Deutsche Bank, Employment Issues, Fidelity, Financial Industry Whistleblowers, Goldman Sachs, J. P. Morgan Chase, Legg Mason, LPL Financial, Merrill Lynch, Morgan Keegan, Morgan Stanley, Oppenheimer, Raymond James, RBC Dain Raucher, Regulatory Developments, Securities America, Securities/Commodities Arbitration, Securities/Commodities Litigation, State Street, SunTrust, TD Ameritrade, UBS, Wells Fargo
Posted by Page PerryonFebruary 2, 2011
Wall Street apparently hasn’t learned anything from the recent financial crisis that has brought the U.S. economy to its knees. Wall Street publicly traded companies paid out a record $135 billion in compensation and benefits last year, according to a Wall Street Journal article by Aaron Lucchetti and Stephen Hough titled “On Street, Pay Vaults […]
Categories: Bank of America, Brokerage Firms, Citigroup/Smith Barney, Credit Suisse, Deutsche Bank, Employment Issues, Goldman Sachs, J. P. Morgan Chase, Market Developments, Merrill Lynch, Morgan Stanley, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools, UBS, Wells Fargo
Posted by Page PerryonJanuary 18, 2011
Bank of America has agreed to pay $2.6 billion to settle charges that Countrywide (which BofA acquired) made material misrepresentations about home loans it sold to Fannie Mae and Freddie Mac, according to articles in the New York Times by Gretchen Morgenson (“$2.6 Billion to Cover Bad Loans: It’s a Start”) and Bloomberg.com by Steve […]
Categories: Bank of America, Brokerage Firms, CDOs, Citigroup/Smith Barney, Commercial Mortgage Backed Securities, Common Securities Broker Abuses, Credit Suisse, Derivatives, Deutsche Bank, Goldman Sachs, J. P. Morgan Chase, Market Developments, Merrill Lynch, Morgan Stanley, Mortgage Backed Securities, Mortgage Securities & Collateralized Debt Obligation Problems, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools, SunTrust, UBS, Wells Fargo
Posted by Page PerryonDecember 18, 2010
While many investors who lost money when the auction rate securities market collapsed in 2008 have now been made whole by regulatory settlements and redemptions, others have not been as fortunate and are still holding on to illiquid securities. Because regulatory settlements focused on the worst offenders in the industry, not all firms that sold […]
Categories: Auction Rate Securities, Bank of America, Brokerage Firms, Citigroup/Smith Barney, Common Securities Broker Abuses, Credit Suisse, Deutsche Bank, J. P. Morgan Chase, Merrill Lynch, Morgan Keegan, Morgan Stanley, Oppenheimer, Raymond James, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, SunTrust, UBS
Posted by Page PerryonDecember 6, 2010
Wall Street banks are looking for a way out of a wide-ranging regulatory investigation into the creation and sale of more than $1 trillion of securitized mortgage pools called collateralized debt obligations (CDOs), which was a major cause of the worldwide financial crisis, according to a Wall Street Journal article by Jean Eaglesham entitled “Banks […]
Categories: Brokerage Firms, CDOs, Citigroup/Smith Barney, Common Securities Broker Abuses, Derivatives, Deutsche Bank, Goldman Sachs, Investment Advisers, J. P. Morgan Chase, Morgan Stanley, Mortgage Backed Securities, Mortgage Securities & Collateralized Debt Obligation Problems, Regulatory Developments, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Structured Notes, UBS
