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Commonwealth Bank provision of unsuitable financial advice to a large number of customers between 2003 and 2012 and continuous delay in providing compensation to victims. [31] Compass Group, bribed the United Nations in order to win business; Corrib gas controversy Kilcommon, Erris, Co. Mayo, Ireland; Deutsche Bank, spying scandal
Investment bank $ 4.4 × 10 ^ 10 [19] September 16, 2008: American International Group, New York City Federal government of the United States A: Insurance company $ 1.82 × 10 ^ 11 [20] September 17, 2008: Lehman Brothers, New York City B: Barclays: Investment bank $ 1.3 × 10 ^ 9 [21] September 18, 2008: HBOS: Lloyds TSB: Diversified financial ...
Deutsche Bank: bank $7.7 bln [21] [22] ... Royal Bank of Canada: bank $1.2 bln [53] [54] [55] ... Countrywide Financial: mortgage bank $4.0 bln [73] [74] DZ Bank: bank
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Deutsche’s move represents a turnaround on previously liberal work-from-home policies introduced by the bank during COVID-19, which allowed staff to spend 40-60% of their week working remotely.
In June 2024, the Bank of Canada initiated monetary easing with a 25 basis point rate cut, with projections indicating further cuts would reduce the overnight rate to 4% by year-end. This policy shift aimed to alleviate household financial pressures, particularly for those with adjustable-rate mortgages or credit market debt .
Deutsche Bank warns investors the war between Russia and Ukraine has spilled over into financial assets, and how that ends up is very unclear. Russia-Ukraine war is 'a financial war now': Deutsche ...
Panic of 1847, started as a collapse of British financial markets associated with the end of the 1840s railway industry boom; Panic of 1857, a U.S. recession with bank failures; Indian economic crash of 1865; Panic of 1866, was an international financial downturn that accompanied the failure of Overend, Gurney and Company in London