In a conversation with ETBFSI, Deutsche Bank India’s Chief Operating Officer, Khurshed Dordi, spoke about the challenges related to work-from-home, IT spends, and strategy ahead. Edited Excerpts.Q. How has Deutsche Bank’s work-from-home experience been? What are the key challenges?As a global organisation, we had the benefit of learning from experiences of our colleagues in other […]
Over time, according to the New York regulator, Epstein paid out $2.65 million to his co-conspirators as well as various “women with Eastern European surnames,” ostensibly for hotel expenses, schooling and rent. When a bank compliance officer raised concerns about a transfer to one of the Russian bank accounts, an Epstein accountant characterized it as […]
The consent order also describes Epstein’s personal lawyer’s interactions with the bank, including a May 2014 question in which they asked how often he could come in as a third party and withdraw cash without alerting authorities. “Is it once a week?” the attorney asked. “Twice a week? Once every other week?” Though the bank […]
‘payments to individuals who were publicly alleged to have been Mr. Epstein’s co-conspirators in sexually abusing young women; ‘settlement payments totaling over $7 million, as well as dozens of payments to law firms totaling over $6 million for what appear to have been the legal expenses of Mr. Epstein and his co-conspirators; ‘payments to Russian […]
While the pair did not name this insider, the subject of that conversation was referred to as “Hind’s man”. As the surveillance team observed Parvizi leaving Anderson’s office, he climbed into a silver BMW sports utility that belonged to one Andrew Hind, a Manchester University maths graduate and accountant nicknamed “Nobu”. He had worked at […]
It is part of a criminal investigation that began in 2018 into Trump and the Trump Organization, the president’s family real estate business, spurred by disclosures of hush payments made to two women who said they had past sexual relationships with him – pornographic film actress Stormy Daniels and former Playboy model Karen McDougal.
It claimed that the bank’s subsidiary DB Moscow was allowed to “execute more than 2,400 pairs of trades that mirrored each other” in April 2012 and October 2014. The so-called mirror trades were said to be used by Deutsche Bank and DB Moscow clients to transfer over $6 billion from Russia to accounts including in Cyprus, Estonia and Latvia. FCA Director of Enforcement and Market […]
Probably not. A crucial role in financing the German economy is filled by the Sparkassen, regional savings banks owned by city or regional governments, mandated to support local economic development. The Sparkassen are the main financing pillar supporting Germany’s thousands of medium-sized specialist technical companies, the Mittelstand, which form the backbone of the country’s prosperity.
He was charged with child sex trafficking as well as conspiracy to commit child sex trafficking. The investor has been accused of being involved with former President Bill Clinton, current President Donald Trump, the UK’s Prince Andrew and other high profile figures.
Tuesday’s settlement with the New York State Department of Financial Services is the first such action against a bank related to Epstein. The registered sex offender committed suicide in a Manhattan jail in August, a month after his arrest for allegedly sexually exploiting dozens of girls and women.