World News@lemmy.worldEnglish · 2 years ago

Fed fines Deutsche Bank $186 million and threatens further action

edition.cnn.com

Fed fines Deutsche Bank $186 million and threatens further action

edition.cnn.com

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World News@lemmy.worldEnglish · 2 years ago

Fed fines Deutsche Bank $186 million and threatens further action | CNN Business

edition.cnn.com

The US Federal Reserve hit Deutsche Bank with a $186 million fine Wednesday for failing to fix “unsafe and unsound practices” that it pledged to address as long ago as 2015.

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2 years ago
$186 million for a bank that size is just the cost of doing business.

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