October 20, 1998 |
Deutsche Bank, Germany's largest bank, has opened preliminary takeover talks with Bankers Trust, according to a published report. The possible deal, which would require regulatory approval, would be the largest takeover of a U.S. bank by a non-U.S. bank, the Financial Times said. Bankers Trust, based in New York, is the eighth-largest bank-holding company in the U.S. in terms of assets.
April 30, 2003 |
Even as 10 other investment banks finalized a $1.4-billion legal settlement with regulators this week, a potential deal with Deutsche Bank over stock-analyst conflicts still could be weeks away, California officials said. A settlement with Deutsche has been held up by the firm's failure to turn over all the e-mail files requested by state investigators. Deutsche, which blamed a computer foul-up, has given California 366 of the 556 e-mail files it has requested.
CALIFORNIA | LOCAL
August 27, 2012 |
By sunrise, the bank executive was laid up in the hospital, his face swollen, the result of a late-night confrontation with two LAPD officers in Highland Park. That much, everyone agrees on. But nearly everything else that happened that May night to Brian C. Mulligan, a managing director and vice chairman at Deutsche Bank, remains in dispute. The officers said they had to use force to subdue a snarling, thrashing man who arched his back, waved his arms, stiffened his fingers like claws and charged them on a residential street, according to a police report viewed by The Times.
CALIFORNIA | LOCAL
May 5, 2011 |
Los Angeles prosecutors are calling Deutsche Bank one of the city's largest slumlords, accusing it of allowing hundreds of properties it owns to fall into disrepair and breed crime. The Los Angeles city attorney's office filed a civil lawsuit Wednesday against the world's fourth-largest bank, seeking hundreds of millions of dollars in penalties and restitution and an injunction forcing it to clean up its foreclosed properties in Los Angeles. The Frankfurt, Germany-based bank has foreclosed on more than 2,000 homes over the last four years in neighborhoods across the city, according to the suit — many concentrated in the northeast San Fernando Valley, northeast Los Angeles and South Los Angeles.
December 19, 2007 |
Deutsche Bank agreed to pay Enron Corp. $25 million and to give up $416 million in unsecured claims to resolve litigation filed by the defunct energy trader during its bankruptcy. In exchange, Enron won't dispute $378 million in unsecured claims the German bank has against it. Deutsche Bank also accepted $35 million to surrender its interests in three transactions. The proceeds, expected to exceed $100 million, will be distributed to Enron's creditors.
June 17, 1999 |
Deutsche Bank confirmed that Richard H. Daniel, who had been chief financial officer at Bankers Trust Corp. during an investigation of irregularities before the New York bank was acquired by the German bank, is leaving the company. Deutsche Bank said Daniel resigned "to pursue other interests." But a source close to the situation, speaking on condition of anonymity, said he had been fired. Daniel could not be reached for comment.