German watchdog eyes Deutsche Bank fourth quarter disclosure protocol

By

German financial market watchdog Bafin said on Friday it was examining whether the country's largest lender, Deutsche Bank, properly followed disclosure rules with its fourth quarter results published on Thursday.

"It is very routine procedure to examine whether they should have published an ad hoc," a Bafin spokeswoman said, referring to formal regulatory release protocol.

Bafin reviews hundreds such cases each year, a process which typically takes two to four weeks and can lead to a fine if the rules were violated.

German financial daily Handelsblatt on Friday also reported that Bafin was looking at the situation.

Deutsche Bank declined to comment.

Tags
Deutsche Bank
Join the Discussion
More News
Anna Kepner

Anna Kepner's Ex-Boyfriend Makes Shocking Claim About Stepbrother As Mystery Surrounding Cruise Ship Death Deepens

Kepner

Mystery of Cheerleader's Death on Cruise Ship Takes Eerie Turn After Cops Reveal Major Detail About Body

President Donald Trump

Stimulus Payments Could Put Donald Trump In a Dilemma; Here's Why

kepner

Dad of Cheerleader Found Dead on Cruise Ship Says Feds Keeping Them in Dark About Mysterious Death