Deutsche Bank said recommendations made by U.S. proxy advisor Institutional Shar...
FILE PHOTO: Deutsche Bank's Supervisory Board Chairman Paul Achleitner in front of the bank's logo prior to the bank's annual meeting in Frankfurt, Germany, May 24, 2018. REUTERS/Kai Pfaffenbach/File Photo
BERLIN - Deutsche Bank said recommendations made by U.S. proxy advisor Institutional Shareholder Services did not reflect the current situation of the bank and its control environment. “While we acknowledge that there is still work ahead of us, we have significantly improved our risk and control systems in the last three years and we will continue to do so”, the lender said in a statement.
The Financial Times on Wednesday reported that ISS advised Deutsche Bank shareholders to vote against discharging the board at the upcoming annual general meeting on May 23, citing its involvement in money laundering investigations.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Deutsche Bank has 'reams' of Trump documents, including his tax returns, for congressional investigators: ReportThe president, three of his children and seven of his companies have filed a federal lawsuit against Deutsche and Capitol One, which have both received House subpoenas for records.
Read more »
Deutsche Bank has 'reams' of Trump documents including his tax returns for congressional investigators: ReportThe president, three of his children and seven of his companies have filed a federal lawsuit against Deutsche Bank.
Read more »
Donald Trump sues Deutsche Bank and Capital OneA once-chummy relationship turns sour
Read more »
Trump’s lawyers ask for a preliminary injunction to block subpoenas of Deutsche Bank, Capital OneIt’s the latest attempt to prevent the banks from complying with congressional subpoenas.
Read more »
Failure of Deutsche Bank-Commerzbank merger talks no surprise: watchdogThe failure of merger talks between Deutsche Bank and Commerzbank was 'not ...
Read more »
House Democrats seek to intervene against Trump lawsuit over bank subpoenasDeutsche Bank has long been one of the main banks for Trump's real estate empire. A 2017 financial disclosure form showed that Trump had at least $130 million of liabilities to Deutsche Bank. In their lawsuit, Trump, a Republican, and the other plaintiffs accused House leaders of pursuing records
Read more »
House Suspends Deadline for Banks to Hand Over Trump DocumentsThe U.S. House of Representatives agreed to suspend its deadline for Deutsche Bank and Capital One to turn over documents related to President Trump and his family until a court settles their effort to block the subpoenas.
Read more »
Lloyds Bank lowers capital ratio targetLloyds Banking Group PLC (LLOY.LN) said Wednesday that it will lower its targeted capital ratio after U.K. regulators required a lower buffer than previously expected. The U.K.'s largest retail bank said the Prudential Regulation Authority had set a systemic risk buffer of 200 basis points for Lloyds' ring-fenced operations compared with the 210 basis points it had previously guided for.
Read more »
Bank of England's Carney tells investors they are too relaxed on ratesBank of England Governor Mark Carney said investors were underestimating how muc...
Read more »
Before Melissa McCarthy made it big, she had less than $5 in her bank account'I think the best thing I could have done was struggle until I was 30.' Here's how melissamccarthy went from $5 in her bank account, to millions. via CNBCMakeIt
Read more »