The Federal Reserve Board has hit the U.S. operations of Deutsche Bank AG with a $41 million penalty and a cease and desist order, alleging anti-money laundering (AML) deficiencies that bank officials are pledging to fix. Specifically, the Fed is focusing its efforts on the German bank’s holding company, DB USA Corp. (DB USA), which… Read More >>
Brexit Roundup: A Leave Vote is Bad for the U.S.
(Editor’s note: As the U.K. votes today on whether or not to stay with the E.U., FTF News decided to pull together some predictions and reactions from this side of the pond. All of the quoted material is available online for further investigation.) SIFMA Roundtable Predicts U.K. to Stay In a statement dated June 14,… Read More >>
