You are here
Deutsche Bank purchases ads to apologize for 'serious errors'
By Tino Andresen
Sunday, February 5, 2017
Deutsche Bank AG bought full-page ads in all major German newspapers over the weekend to apologize for "serious errors" after two years of losses that cost the lender billions of euros.
Legal cases that date back many years cost the Frankfurt-based company "reputation and trust" in addition to about 5 billion euros ($5.4 billion) since John Cryan took over as chief executive officer in 2015, the ad said, blaming the "misconduct of a few" employees.
Cryan, who signed on behalf to the executive board, expressed "our deep regret" that "the conduct of the bank didn't follow our standards" in relation to the U.S. mortgage business in 2005 to 2007 and was "unacceptable." ...
... For the remainder of the report:
Storage and Withdrawal of Gold with Bullion Star in Singapore
Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.
Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.
Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.
For more information, please visit Bullion Star here:
Join GATA here:
Dollar Vigilante Internationalization and Investment Summit
Friday, February 24, 2017
Resort Mundo Imperial
For a 10% percent discount, use the discount code "GATA"
Mining Investment Asia
Tuesday-Friday, March 28-31, 2017
Marina Bay Sands, Singapore
Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit: