Deutsche Bank Faces Up To Long Battle To Restore Reputation

Now watching

Next video starts in : 7 Play

Deutsche Bank Faces Up To Long Battle To Restore Reputation

Deutsche Bank Faces Up To Long Battle To Restore Reputation
Replay video
Up next

Mo'Nique -- Blackballed or Not ... I'm Not Afraid of Lee Daniels

Unlock your personal NFL Now stream by signing in to NFL.com

Deutsche Bank Faces Up To Long Battle To Restore Reputation

by Wochit 1:00 mins

Deutsche Bank Faces Up To Long Battle To Restore Reputation

by Wochit 1:00 mins

The reputational risks surrounding Deutsche Bank have grown and it still has some way to go to win back public trust and prove it can overhaul its corporate culture, the bank's two chief executives said on Wednesday. Germany's largest lender is facing an array of investigations into the conduct of its employees and a jump in litigation costs was partly responsible for a surprise 1 billion euro (or $1.37 billion) fourth-quarter loss that has heaped more pressure on Anshu Jain and Juergen Fitschen. Deutsche Bank paid about 2.1 billion euros in fines in December, but fresh investigations - including one into possible manipulation of the $5.3 trillion-a-day foreign exchange market - have led analysts and investors to forecast an additional 1.4 billion to 2 billion euros in settlement costs for 2014 and 2015.

Wochit

Must Watch

  1. 1:51

    Walking Dead Ahead, Season 5 Episode 13

  2. 2:10

    Fairies 'Evicted' From Town Forest

  3. 2:56

    Community Season Six Trailer Premiere

  4. 0:52

    SNL Promo: Chris Hemsworth - Zac Brown Band

  5. 1:23

    Kurt Cobain’s Childhood Home On Sale For 400K

Community

  1. 2:56

    Community Season Six Trailer Premiere

  2. 3:05

    Community 501 - Season 5: Super Seniors

  3. 2:30

    Community 401 - Season 4: Senior Year

  4. 3:05

    Community 301 - Season 3: Junior Year

  5. 2:56

    Community 201 - Season 2: Sophomore Year

  6. 3:02

    Community 101 - Season 1: Freshman Year

Live Nation

Yahoo Studios