
Morning Roundup: Have You Heard the One About Basel III?
- Deutsche Bank is settling a suit by the U.S. Attorney’s office in Manhattan alleging that the company provided tax shelters for wealthy Americans. The alleged windfall for clients: $29 billion. The settlement payment: $553 million, and an admission of wrongdoing. Hey, those admissions of wrongdoing don’t come cheap. [NYT]
- Former Hewlett-Packard CEO Read More