Deutsche Bank Customers Debited Twice In As Many Days
A German report mentions how customers of Deutsche Bank have been a victim of a double-debit. Several thousand customers have been charged twice on June 1st and 2nd. Although there is no official explanation for this debacle, a lot of clients are outraged regarding this situation. A mistake can always happen in the banking sector, but charging customers twice in as many days is rather unusual. Clients of Deutsche Bank may want to keep an eye on their statements, as several thousands of consumers have been affected by this very strange incident. Deutsche Bank Operations Are Messed Up.....
Related News
Deutsche Bank sees The DAO incident as a timely reminder of the importance of testing products before they are unleashed. In 2014 Deutsche Bank launched a series of innovation labs in collaboration with IBM, Microsoft and the Indian outsourcing company HCL. The aim was to improve the bank’s digital banking services. Deutsche Bank’s Blockchain project is now out of the ‘proof of concept’ stage. Deutsche Bank’s labs are based in Berlin, London and Palo Alto. Their Palo Alto lab’s aim is to evaluate emerging technologies from Silicon Valley and apply them to enhance their products. The three....
Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted. Amid Ongoing War in Ukraine, Deutsche Bank Pulls Out of Russia Deutsche Bank, Germany’s largest banking institution, is scaling down operations in the Russian Federation. The bank announced its move in a statement posted on Twitter late on Friday, condemning Russia’s invasion of....
Deutsche Bank’s economists have warned that the U.S. will suffer a major recession next year. However, several other major investment banks, including Goldman Sachs and JPMorgan, are less pessimistic about the future outlook for the U.S. economy. Major US Recession Incoming, According to Deutsche Bank’s Economists Deutsche Bank has predicted a deeper downturn than its previous forecast for the U.S. economy in a report to clients, published Tuesday. The bank’s economists, including David Folkerts-Landau, group chief economist and head of research, explained in the....
Deutsche Bank has predicted that the price of bitcoin will increase nearly 40% from the current level to $28K by the end of the year. The bank’s analysts also warned that “the crypto free fall could continue.”
Deutsche Bank’s Bitcoin Price Prediction
Deutsche Bank has reportedly predicted that the price of bitcoin will rise to $28,000 by year-end, Bloomberg reported Wednesday, citing an analysis by the bank’s senior economist and market strategist Marion Laboure and research analyst Galina Pozdnyakova.
Based on their analysis,....
To put this into numbers people can understand, Deutsche Bank’s market leverage ratio is 96%. This makes them one of the world’s riskiest banks to deal with. Things continue to evolve in the wrong direction for Deutsche Bank in recent months. After being hit with large files several times in a row, there have been questions regarding the liquidity of this bank. Moody’s has issued a new warning about Deutsche Bank, stating how the institution is getting near its “default point.” That may be the last thing investors of the bank want to hear right now. To put the news into perspective,....