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Violation Tracker Individual Record

Company: Deutsche Bank
Current Parent Company: Deutsche Bank
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $95,000,000
Year: 2017
Date: June 1, 2017
Offense Group: financial offenses
Primary Offense: toxic securities abuses
Secondary Offense: investor protection violation
Mega-Scandal: Toxic Securities
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 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.