Basic Search  |  Summaries  |  Advanced Search

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: $156,600,000
Year: 2017
Date: April 20, 2017
Offense Group: competition-related offenses
Primary Offense: interest rate benchmark manipulation
Secondary Offense: banking violation
Violation Description: The Federal Reserve announced two enforcement actions against Deutsche Bank AG requiring the bank to pay a combined $156.6 million in civil money penalties: a $136.9 million fine for unsafe and unsound practices in the foreign exchange (FX) markets, as well as a $19.7 million fine for failure to maintain an adequate Volcker rule compliance program prior to March 30, 2016.
Level of Government: federal
Action Type: agency action
Agency: Federal Reserve
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.