Tag Archives: investigation

Billionaire Russian lawmaker under investigation in France

A billionaire Russian lawmaker is under formal investigation in France on suspicion of tax evasion. Suleiman Kerimov, one of Russia’s richest men, was arrested late on Monday night in Nice. Russia summoned a French diplomat in Moscow to protest about his detention but he has since been released under strict conditions. “We will apply all efforts, maximum of efforts, to ... Read More »

US asks Deutsche Bank for $14bn to settle mortgage investigation

The US Department of Justice is asking Deutsche Bank to pay $14bn (£10.6bn) to settle an investigation into mortgage-backed securities, the bank has said. Deutsche Bank said it “has no intention to settle these potential civil claims anywhere near the figure cited”. The claim against Deutsche, which is likely to be the subject of negotiations for several months, was much ... Read More »

How £14m investigation snared Deutsche Bank insider trading ring

Nobody would have noticed anything odd had they been walking along the rear security wall of Buckingham Palace on 23 October 2008. Yet all around there were hidden eyes and ears trained on the activities taking place in a small office located on nearby Grosvenor Place. For a year, a team led by the Financial Services Authority (FSA) alongside colleagues ... Read More »