Failing Deutsche Bank Lost $1.6 Billion Before Hiding Bond Bet Gone Wrong

Germany’s largest lender Deutsche Bank is in the news again for the wrong reasons. According to the Wall Street Journal, Deutsche Bank lost approximately $1.6 billion over a decade in a bond bet gone awry. Interestingly, Deutsche Bank has never publicly revealed the loss. This is likely to generate controversy over the bank’s corporate governance …

Deutsche Money Laundering Scandal Shows Biased Crypto Narrative

Germany’s largest financial institution Deutsche Bank had its Frankfurt headquarters raided by the local authorities under the suspicion of money laundering. While crypto continues to be targeted by the press for the alleged usage of decentralized systems by criminals, a growing number of banks are being investigated for processing payments for criminal organizations. On November …