Violation Tracker Individual Record

Company: 
Deutsche Bank
Current Parent Company: 
Deutsche Bank
Penalty: 
$95,000,000
Year: 
2017
Date: 
June 1, 2017
Offense Group: 
financial offenses
Primary Offense: 
toxic securities abuses
Violation Description: 

The Maryland Attorney General announced a $95 million settlement with Deutsche Bank, resolving financial crisis-era civil claims that it misled investors in its securitization and sale of residential mortgage-backed securities and related collateralized debt obligations.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Maryland Attorney General
Civil or Criminal Case: 
civil
Facility State: 
Maryland
HQ Country of Parent: 
Germany
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking & securities
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.