Fed fines Deutsche Bank $186 million and threatens further action

https://edition.cnn.com/2023/07/20/investing/fed-fine-deutsche-bank/index.html

44 points · 3 comments · view on lemmy.world

3 Comments

FlyingSquid@lemmy.world · 15 pts · 3y (2 replies)

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

SpikesOtherDog@ani.social · 3 pts · 3y

Sounds like a great excuse for skipping pay raises.

p03locke@lemmy.dbzer0.com · 2 pts · 3y

That's not even a day's worth of profit.