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
Judge Gavel

Police Solves Cold Case Using DNA From Cigarette To Find Man Involved in 1982 Rape and Murder Case of 13-Year-Old Girl

Exonerate

DNA Evidence Exonerates 4 Men Arrested for Infamous 1991 Yogurt Shop Murder: 'Their Entire Youth Was Taken Away From Them'

Former Prince Andrew

Police Arrests Former Prince Andrew on Suspicion of Misconduct After Leaks of Communication With Late Sex Offender Jeffrey Epstein

Mountaineer Couple

39-Year-Old Mountaineer Receives Suspended Five-Month Prison Sentence After Leaving Girlfriend To Freeze to Death on Austria's Highest Peak