18 May 2023

Deutsche Bank settles record $75 MILLION Epstein sex-trafficking lawsuit: Accusers to receive up to $5M each after judge ruled he ‘solicited bank’s advice about structuring withdrawals to evade notice’

by | posted in: Breaking News, News, World News |

Deutsche Bank has agreed to pay $75 million to settle a proposed class-action lawsuit alleging the German bank facilitated the late Jeffrey Epstein‘s sex-trafficking ring, according to attorneys for the plaintiffs. The suit was filed last year in New York … Read More
7 Feb 2019

Eurozone crisis: German output slumps AGAIN – fears grow for bloc’s largest economy

by | posted in: Germany, News |

GERMAN industrial output surprisingly fell in December for the fourth consecutive month, putting the eurozone on high alert and increasing concerns around Europe’s biggest economy. The latest data from the country’s Federal Statistics Office revealed industrial output was down 0.4 … Read More
30 Jul 2018

Deutsche Bank shifts key business away from London. Brexit could spark an exodus

by | posted in: Germany, News |

Two years ago, London had a lock on a key financial business called euro clearing. Then came Brexit. Deutsche Bank has 98,000 staff around the world, including 7,000 in the United Kingdom and 30,000 in Germany. (File Photo) LONDON (CNNMoney) … Read More
30 Jul 2018

Food shortages? Grounded flights? These could be the consequences of a messy Brexit

by | posted in: European Union, News |

Would a messy Brexit cause food shortages? Or planes to be grounded? Would car plants fall silent? With just eight months to go before Brexit, the UK government is fighting off accusations that it’s not doing enough to prepare for … Read More