Deutsche Bank was able to resolve the conflict with the United States: the case is closed

Deutsche Bank was able to resolve the conflict with the United States: the case is closed

07.01.2017 News

Deutsche Bank was able to resolve the conflict with the US regulator, agreeing with the charges of tax evasion and taking on the obligation to pay a fine in the amount of $ 95 million. It is reported by financial portal MinFin with reference to the foreign sources. In a statement, the bank’s press secretary Amanda Williams says: “Deutsche Bank was able to get out with dignity out of this situation. We are pleased that all differences are settled. “

As it is known, in 2014 the United States Treasury Department initiated the opening of the proceedings against the German Deutsche Bank. Financial institution was accused of tax evasion in the period of 2000 year. The original amount of the fine was 190 million dollars. The German lender also had to admit his involvement in financial fraud linked with the creation of bogus companies for manipulation of the Bristol-Myers Squibb shares – US pharmaceutical company.

Deutsche Bank is Germany’s largest financial structure. The bank was founded in 1870. Financial institution acts on the territory of many countries (including the US, Russia, the Republic of Singapore and others), with 2814 offices worldwide.

Also read: Deutsche Bank staff questioned as part of Libor investigation

Other articles

  • Bill Gates warned against buying Bitcoin
    News

    Bill Gates warned against buying Bitcoin

    Microsoft founder Bill Gates has warned investors against buying the cryptocurrency Bitcoin. Bloomberg reports. “If you have less money than Ilona [Mask], you probably need to be careful. Ilon has a lot of money and he’s very advanced, so I’m not worried that his bitcoins will rise and fall chaotically,” Gates said. Gates fears that […]

  • The regulator has approved new tariffs for mobile operators
    News

    The regulator has approved new tariffs for mobile operators

    The National Commission for the State Regulation of Communication and Informatization has reduced the inter-operator tariff. The NCCIR press service reports. From July 1, 2021, market participants will pay 7 kopecks per minute of outgoing call for a local call and 10 kopecks for long distance. Moreover, from January 1, 2022, rates will reduce to […]

  • Ukraine is preparing an order for An-74 aircraft
    News

    Ukraine is preparing an order for An-74 aircraft

    This year, the state enterprise Antonov is preparing an order for four An-74 aircraft. Deputy Prime Minister – Minister for Strategic Industries Oleg Urusky, stated this. “In order for our aviation industry to function properly, we must talk about dozens of orders. In addition, this year we are preparing an order for four An-74 aircraft. […]

  • The Czechs agree to produce small modular reactors in Ukraine
    News

    The Czechs agree to produce small modular reactors in Ukraine

    Ukraine can start production of small modular reactors (MMR). Negotiations are underway between the Ministry of Energy and the Czech concern Witkowitz, according to the press service of the agency on Facebook. So far, the parties have agreed to exchange information and set up a working group to further work on the issue. Deputy Minister […]

  • Foreigners bought 10% of Ukraine’s government bonds
    News

    Foreigners bought 10% of Ukraine’s government bonds

    During the week, foreigners bought Ukrainian government bonds by UAH 2.844 billion, increasing the share of non-residents to UAH 102.864 billion, which is 10% of the total volume of IGLBs. The press service of the Ministry of Finance reports. Ukrainian banks remain the largest owners of IGLBs with a total share of 51.17%. During the […]

  • The Swiss company will diagnose Ukraine’s gas pipelines
    News

    The Swiss company will diagnose Ukraine’s gas pipelines

    The GTS of Ukraine operator has concluded an agreement on the diagnostics of the country’s main gas pipelines with the Swiss company ROSEN Europe B.V. “The agreement provides for the inspection of more than 4.5 thousand km of main gas pipelines with a diameter of 1,400 mm with a deadline of the end of 2024. […]

  • Naftogaz plans to invest billions in production
    News

    Naftogaz plans to invest billions in production

    In the next five years, Naftogaz plans to invest $ 7.3 billion in hydrocarbon production, said Otto Waterlander, the group’s chief executive officer, at a presentation of NJSC’s business strategy. “Over the next five years, our business plan assumes that we will invest $ 7.3 billion in mining, upstream, and double that amount over the […]

  • Boeing has recommended stopping 777 aircraft flights after the incident in the United States
    News

    Boeing has recommended stopping 777 aircraft flights after the incident in the United States

    Boeing has recommended suspending flights of 777 aircraft after the incident in the American city of Broomfield, where large wreckage of the aircraft engine during the flight covered the streets. You can read it in a statement published on the company’s website. This applies to aircraft with Pratt & Whitney PW4000-112 engines. The company said […]

Read also

Deutsche Bank was able to resolve the conflict with the United States: the case is closed
News

Amazon has banned the import of seeds into the United States

Amazon has banned the import of seeds to the United States because the Americans received thousands of parcels from unknown shippers from China. In this regard, Amazon informed foreign partners of its decision and obliged sellers to remove publications with appropriate proposals. Now sell the seeds only can those who is in the United States, […]

Next
Deutsche Bank was able to resolve the conflict with the United States: the case is closed
News

Uber is willing to sell the part of its stake in Didi for 6,3 billion

Taxi service Uber Technologies Inc. wants to sell the part of its stake in the Chinese taxi ordering service Didi Chuxing worth $ 6.3 billion, writes Bloomberg agency. According to sources, Uber is negotiating the sale of shares in Didi with Japanese company SoftBank Group, which is the major shareholder in both companies. “Although various […]

Next
Deutsche Bank was able to resolve the conflict with the United States: the case is closed
News

Ericsson and Apple decided a patent dispute out of court

Last winter two well-known manufacturers of technique went to court with counter-accusations of patent infringement. Apple representatives accused their Swedish competitors in the application of technologies in the transmission network, the Swedes responded by suing a counter statement in which it accused Apple of using of their cellular technologies in the production of its equipment. […]

Next
Deutsche Bank was able to resolve the conflict with the United States: the case is closed
News

Shares in the Chinese markets are falling rapidly after a brokerage scandal

Shares continue to fall in the Chinese stock market. Two major Chinese exchanges experienced a sharp decline in prices. One reason for this is the fact of fraud in the local exchange market. It will be recalled that, that the employees of the two major Chinese exchanges in the summer of 2015 are under investigation. […]

Next
Deutsche Bank was able to resolve the conflict with the United States: the case is closed
News

HarvEast invests 3 million UAH in the implementation of social projects

HarvEast Agro, together with the heads of the state district administrations and district councils in the territories of the company will determine the presence of social finance projects for 2016. The parties have agreed this on this year’s first collective meeting, which took place in Mangushevskyi, Volodarskyi and Volnovakhskyi districts, Donetsk region. In the near […]

Next
Deutsche Bank was able to resolve the conflict with the United States: the case is closed
News

10 Things to Stop Doing Right Now if You Want to Be Successful in 2017

A new calendar year always offers an opportunity for a fresh start and provides an additional pinch of motivation to banish some habits that have stopped serving you well (did they ever?). Here are 10 things to leave behind to foster a stronger, happier, more successful you in 2017. (Entrepreneur) 1. Procrastinating on your goals  […]

Next
Deutsche Bank was able to resolve the conflict with the United States: the case is closed
News

S&P forecasts global debt growth of up to $ 200 trillion

World debt will reach $ 200 trillion, which is 265% of world product, but the debt crisis is not yet expected. This was reported by Reuters, citing the forecast of analysts of the international rating agency S&P Global. It is claimed that this year the debt-to-world debt ratio has risen by 14% as a result […]

Next
Deutsche Bank was able to resolve the conflict with the United States: the case is closed
News

Foxtrot rebranded TM Bravis

The network “Foxtrot” noted that the logo of the Bravis trademark must match the level of the top brands in consumer electronics, for increased demand among consumers. Such  decision was taken to increase the competitiveness of domestic producers of electronics. In such a way the company decided to make changes and update the Bravis brand, […]

Next
Deutsche Bank was able to resolve the conflict with the United States: the case is closed
News

Bayer sells the part of its business

Bayer AG  is going to sell the part of its business  in biotechnologies and productions of cotton  spheres. It is concerned the Crop Science  subsidiary Company. According to Liman Kondon, the company chairman, this industry sphere is money-making.  There is no reason in  finding buyers  to Buyer. The decision was concluded by a pressure of […]

Next
Deutsche Bank was able to resolve the conflict with the United States: the case is closed
News

The first spirit factory will be sold in September

Sales of state-owned distilleries will begin in mid-September. This was reported by Acting Director of the state concern Ukrspirt Serhiy Bleskun on the social network. For professionals in the alcohol industry, privatization does not mean loss of jobs, but rather – new career opportunities, he highlighted. “We have already submitted proposals for 25 of Ukrspirt’s […]

Next
Deutsche Bank was able to resolve the conflict with the United States: the case is closed
News

The AMCU fines Dragon Capital by more than 118 thousand UAH

According to Interfax-Ukraine, Antimonopoly Committee of Ukraine (AMCU) has fined the Dragon Capital Ltd. in the amount of 118,194 thousand UAH by Dragon Capital Ltd. Production concentration  more than 50%. According to a law of economic competition defence, the committee permit is obligatory during the economic activity subject concentration with more than 50% of shares […]

Next
Deutsche Bank was able to resolve the conflict with the United States: the case is closed
News

TikTok sales to US companies have been postponed indefinitely

The sale of part of the social network TikTok of the Chinese company ByteDance to the American companies Oracle and Walmart has been suspended for now. Note that possible security threats from the Chinese technology giant have stopped the process of selling the platform. However, ByteDance continues to negotiate with the US intelligence services about […]

Next
Deutsche Bank was able to resolve the conflict with the United States: the case is closed
News

Samsung will build the world’s largest pharmaceutical plant for $ 2 billion

South Korean Samsung continues to expand its pharmaceutical business, investing nearly $ 2 billion in the construction of plant for the production of medicines, which should become the largest of its kind in the world after the completion of works in 2022. According to The Wall Street Journal, the company is betting on further growth […]

Next
Deutsche Bank was able to resolve the conflict with the United States: the case is closed
News

Ukraine sold agricultural products for $ 17.6 billion

In January-October 2020, Ukraine reduced exports of agricultural products by 1.7% compared to the same period last year. According to the Ukrainian Club of Agrarian Business Association exports were reduced exactly to $ 17.6 billion. According to this data, imports of agricultural products for the reporting period increased by 14.4% to $ 5.1 billion. Thus, […]

Next
Deutsche Bank was able to resolve the conflict with the United States: the case is closed
News

Things to Consider Before Partnering Up

Savvy entrepreneurs use these strategies to ensure every business partnership is a match made in heaven. Great businesses are founded on great partnerships. But great businesses can also be destroyed by bad partnerships. These entrepreneurs—and members of The Oracles—share their hard-won wisdom about what to watch out for before joining forces with a business partner. […]

Next
Deutsche Bank was able to resolve the conflict with the United States: the case is closed
News

Vinnytsia IT – Academy received 10 million UAH from the RIA Fund

Founder of media corporation RIA Media Corp. Oleksandr Chovhan singled out from his eponymous Foundation impressive sum of money in the development of IT sphere in Ukraine. The funds were invested in Vinnitsa IT – Academy in exchange for a share in the amount of 61% in the structure of the institution. According to Tetiana […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com