We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
By Cristina Roca
Deutsche Bank AG has been fined 3 million euros ($3.3 million) by Spain's financial regulator for buying back, at spreads significantly different from their fair value, structured notes issued by the bank without informing its clients.
Spain's Comision Nacional del Mercado de Valores said in a ruling published Tuesday on the Spanish government gazette that Deutsche Bank had failed to apply measures required to manage conflict of interest.
The German lender said it would appeal the fine.
"We acted correctly in this situation, applying conflict of interest management policies and taking additional measures in accordance with the regulations in force at the time of the events inspected," it said.
Write to Cristina Roca at cristina.roca@wsj.com
(END) Dow Jones Newswires
March 29, 2022 11:00 ET (15:00 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
1 Year Deutsche Bank Chart |
1 Month Deutsche Bank Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions