Tag Archives: US lenders

Deutsche Bank fails Fed stress test while three US lenders stumble

06 June, 2018 9:52 am 9:52 am

WASHINGTON/NEW YORK (Reuters) – Deutsche Bank AG’s (DBKGn.DE) U.S. subsidiary failed on Thursday the second part of the U.S. Federal Reserve’s annual stress tests due to “widespread and critical deficiencies” in the bank’s capital planning controls. The Fed board’s unanimous objection to Deutsche Bank’s US capital plan marks another blow for the German lender, sending … Read More