December 3, 2024

Month: September 2016

Deutsche Bank Could Pay $14 Billion in Penalties to US Authorities
Business

Deutsche Bank Could Pay $14 Billion in Penalties to US Authorities

This week, the United States Department of Justice proposed that Deutsche Bank AG to pay $14 billion as a settlement for a handful of high-profile mortgage-securities probes that befell the institution as a result of the recent financial crisis. This payout amount, would compare, then, with the largest penalties that other banks would have had […]

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New York Probe Investigates ExxonMobil Accounting
Business

New York Probe Investigates ExxonMobil Accounting

Exxon Mobile Corp is currently under scrutiny from a probe by New York Attorney General Eric Schneiderman. One major aspect of this probe is to discern why the company did not write down the value of oil and gas reserves they had during a global collapse in energy prices. The main idea behind the inquiry […]

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