Deutsche Bank’s risk management capabilities should matter in any country where Deutsche Bank has legal entities. Possible Trump bank fraud raises many questions for legislators, regulators, and taxpayers on both sides of the Atlantic.
has detailed guidance for important elements of a bank’s risk management such as credit risk, loan sampling, and underwriting standards. It also includes guidance for red flags surrounding internal controls and fraud. Private banking, which is the area through which Trump acquired most of his loans, has an entire section, 3430.1, dedicated to it.
What are your real estate lending policies? Are they in line with guidance in the Federal Reserve’s compliance manual Section 3100.1? In the deposition ‘Trump, Plaintiff, vs. Timothy L. O’Brien’ on December 19, 2007, Trump described how he assesses his net worth. Is this methodology acceptable to Deutsche in determining net worth for all clients seeking loans? To your knowledge what academic papers use this methodology to determine net worth?Source: Donald J. Trump, Plaintiff, vs. Timothy L. O’Brien, Superior Court of New Jersey, Camden, CAM-L-545-06, December 19, 2007.
Was this internal risk score used in any way when determining whether any financial transaction should be approved? Did you follow Basel II and III standards under the Advanced Approach for how internal risk scores should be used in lending and for regulatory capital measurements? Have you been cited for breaching any Basel II and/or III standards for credit risk measurement?
How were Trump’s probability of default and loss severity used to calculate the bank’s loan loss reserves and regulatory capital? Were those calculations verified? Did anyone make changes to those calculations to expedite loan approval or securities underwriting transactions or to make loan loss reserves and capital more favorable?
Did you ask Trump whether he was suing or being sued by anyone at the time he asked for loans from you?
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Possible Trump Deutsche Bank Fraud Raises Serious QuestionsDeutsche Bank’s risk management capabilities should matter in any country where Deutsche Bank has legal entities. Possible Trump bank fraud raises many questions for legislators, regulators, and taxpayers on both sides of the Atlantic.
Lire la suite »
Deutsche Bank goes bearish on sterling and raises the odds of a no-deal BrexitThe German lender still favors a general election as the most likely outcome.
Lire la suite »
Deutsche Bank shares slide 4 percent on report of capital raising for merger with CommerzbankShares of Deutsche Bank and Commerzbank slipped after a report in the Financial Times stated that the former is in talks to raise as much as 10 billion euros ($11.2 billion) in fresh equity to support their potential merger.
Lire la suite »
Capital Question Clouds Deutsche Bank Merger TalksOne of the big questions surrounding Deutsche Bank’s possible merger with Commerzbank is how much capital it might need to raise from shareholders to finance the deal.
Lire la suite »
New documents raise questions over State Dept. move to rescind honor for Trump criticJessikka Aro, a Finnish investigative journalist with a history of breaking stories on Russian propaganda efforts, had been slated to receive a prestigious award in Washington along with several other women selected by the State Department for their courage in the face of great risks overseas.
Lire la suite »
Commerzbank and Deutsche Bank start discussing a mergerCommerzbank may have the better bargaining position in a proposed merger with Deutsche Bank
Lire la suite »
Stocks making the biggest moves midday: Deutsche Bank, Nielsen, Movado & moreThese are the stocks posting the largest moves midday Thursday.
Lire la suite »
After Job Cuts, Deutsche Bank Plans New Electronic Stock-Trading VentureDeutsche Bank plans to launch a new electronic platform where it will trade U.S. stocks directly with large clients, instead of matching buyers and sellers for a fee like Wall Street banks typically do.
Lire la suite »
Deutsche Bank considers further cost cuts after weak quarter one: HandelsblattDeutsche Bank is considering fresh cost cutting after a weak first three months ...
Lire la suite »
Analysis | The Cybersecurity 202: Bezos investigator's accusations of Saudi hacking raise questions for governmentThere's a fuzzy line between where an individual's responsibility ends -- and the U.S. government's interest kicks in.
Lire la suite »