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Violation Tracker Individual Record

Company: Deutsche Bank AG
Current Parent CompanyDeutsche Bank
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $202,300,000
Year: 2012
Date: May 10, 2012
Offense Group: financial offenses
Primary Offense: toxic securities abuses
Violation Description: The United States Attorney for the Southern District of New York, the Justice Department and the U.S. Department of Housing and Urban Development announced that the United States settled a civil fraud lawsuit against Deutsche Bank , DB Structured Products Inc., Deutsche Bank Securities and MORTGAGEIT, INC. resolving allegations of repeated false certifications to HUD in connection with the residential mortgage origination practices.
Level of Government: federal
Action Type: agency action
Agency: U.S. Attorney-Southern District of New York
Civil or Criminal Case: civil
HQ Country of Current Parent: Germany
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking & securities
Source of Data(click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.