Posts belonging to Category Deutsche Bank
Posted by J. Boyd PageonFebruary 25, 2013
On February 8, 2013, a Financial Industry Regulatory Authority (FINRA) arbitration panel ordered Deutsche Bank and its former registered representative, Karl Hahn, to pay $934,000 to a couple who had sought to recover $2,193,931 for losses associated with the improper sale of premium-financed life insurance. The award included $100,000 in attorney’s fees. Hahn worked in […]
Categories: Alternative Investments, Brokerage Firms, Common Securities Broker Abuses, Deutsche Bank, Early Retirement Scams, Fairness/Just & Equitable Conduct, Insurance Products, Investment Advisers, Investment Malpractice, Investor Alerts, Misrepresentation/Omission, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Unsuitable Recommendations
Posted by Page PerryonFebruary 23, 2012
What’s the difference between a Wall Street bank and a whistleblower? Nothing! While Wall Street railed against whistleblower protections for employees in Dodd-Frank, turns out they are falling all over themselves to blow the whistle on each other. Why? Because the first to tattle gets protections that are not offered to the second to tattle. […]
Categories: Brokerage Firms, Citigroup/Smith Barney, Commodities and Futures, Common Securities Broker Abuses, Deutsche Bank, Financial Industry Whistleblowers, HSBC, Investment Advisers, Investor Alerts, J. P. Morgan Chase, Regulatory Developments, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, UBS
Posted by Page PerryonFebruary 7, 2012
Questions continue to arise regarding the too-cozy relationship between the SEC and Wall Street. Recent reports claim that the SEC, when settling with big Wall Street firms, has a practice of granting waivers that preserve special privileges enjoyed by those firms, and protect them from serious consequences that would otherwise result from their wrongdoing. For […]
Categories: Ameriprise, Bank of America, Bear Stearns, Brokerage Firms, Common Securities Broker Abuses, Credit Suisse, Deutsche Bank, Goldman Sachs, J. P. Morgan Chase, Merrill Lynch, Morgan Stanley, Raymond James, RBC Dain Raucher, Regulatory Developments, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, UBS, Wachovia, Wells Fargo
Posted by Page PerryonJanuary 26, 2012
Financial advisers are winning large arbitration awards against their former firms. During the past three months at least three arbitration panels have ordered financial services firms to pay millions of dollars to financial advisers formerly employed by the firms.
Categories: Brokerage Firms, Citigroup/Smith Barney, Common Securities Broker Abuses, Deutsche Bank, Employment Issues, Investment Advisers, RBC Dain Raucher
Posted by Page PerryonJanuary 10, 2012
Sixty-five years ago, the Justice Department filed an antitrust suit against 17 investment banks seeking to break them up for creating “an integrated, overall conspiracy and combination ‘ to eliminate competition and monopolize” the investment banking business. It failed. Today, the investment banking business is much larger and more profitable, and much more concentrated than […]
Categories: Bank of America, Brokerage Firms, Citigroup/Smith Barney, Common Securities Broker Abuses, Deutsche Bank, Goldman Sachs, Investigations, Investor Alerts, J. P. Morgan Chase, Merrill Lynch, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation
Posted by Page PerryonNovember 15, 2011
The National Credit Union Administration (NCUA) announced that it has reached settlements with Citigroup and Deutsche Bank regarding potential claims relating to the sale of residential mortgage-backed securities to five failed wholesale credit unions. NCUA said that it is the first regulatory agency to recover losses on behalf of failed financial institutions that resulted from […]
Categories: Brokerage Firms, CDOs, Citigroup/Smith Barney, Common Securities Broker Abuses, Derivatives, Deutsche Bank, Investigations, Investment Advisers, Investor Alerts, Mortgage Backed Securities, Mortgage Securities & Collateralized Debt Obligation Problems, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation
Posted by Page PerryonOctober 21, 2011
Occupy Wall Street has swept the globe and is generating enormous sympathy and interest in Asia as well as Europe. The spread of Occupy Wall Street to Asia ? especially Japan ? is further evidence that it is a mistake to dismiss a global groundswell of anger over the flow of money from banks to […]
Categories: Bank of America, Brokerage Firms, Citigroup/Smith Barney, Credit Suisse, Deutsche Bank, Economy, Employment Issues, Goldman Sachs, Investor Rights, J. P. Morgan Chase, Jobs, Market Developments, UBS
Posted by Page PerryonSeptember 16, 2011
Many investors, both individuals and corporations, were misled by their brokers and harmed during the credit crisis. For various reasons, however, many such investors have not yet taken action to recover their losses. Some have delayed taking action in order to see whether the misconduct warranted legal action while others just put it off until […]
Categories: Alternative Investments, Asset Backed Securities, Auction Rate Securities, Bank of America, Bank of New York Mellon, Brokerage Firms, CDOs, Citigroup/Smith Barney, Common Securities Broker Abuses, Derivatives, Deutsche Bank, Early Retirement Scams, Elder Abuses, Goldman Sachs, Hedge Funds, Investment Advisers, Investor Alerts, J. P. Morgan Chase, Merrill Lynch, Mortgage Backed Securities, Mortgage Securities & Collateralized Debt Obligation Problems, Reverse Convertibles, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Structured Notes, SunTrust, UBS
Posted by Page PerryonSeptember 6, 2011
The crisis in confidence dragging down the economy and financial markets is multi-factorial, but surely a significant part of the problem is that you just can’t trust Wall Street financial institutions to tell the truth about their own financial health, according to John Carney’s CNBC.com article entitled “Wall Street’s Credibility Problem.” He cites Morgan Stanley’s […]
Categories: Brokerage Firms, Common Securities Broker Abuses, Deutsche Bank, Economy, Investment Advisers, Morgan Stanley, Securities, Securities/Commodities Arbitration, Securities/Commodities Litigation, Smart Investing Tools
Posted by Page PerryonAugust 31, 2011
Matt Taibbi’s recent Rolling Stone article entitled “Is the SEC Covering Up Wall Street’s Crimes?” questions whether corruption plagues the U.S. Securities and Exchange Commission. In that article Taibbi meticulously contends that Wall Street banks and their law firms have, over and over again, shut down fraud investigations by influencing senior SEC officials, who later […]
Categories: Brokerage Firms, Deutsche Bank, Investigations, Investor Alerts, J. P. Morgan Chase, Ponzi Schemes, Regulatory Developments, Securities