Deutsche Bank Settles Finra Conflict Claims for $2.5 Million
Pedestrians pass in front of Deutsche Bank offices in New York.
Photographer: Michael Nagle/BloombergDeutsche Bank AG will pay $2.5 million to resolve an industry regulator’s allegations that it failed to properly disclose conflicts of interest in debt and equity research reports.
The Financial Industry Regulatory Authority announced the settlement Wednesday. Deutsche Bank Securities Inc. agreed to pay the penalty without admitting or denying the claims. The bank declined to comment.