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
Stefanie Damron

Stefanie Damron Missing: Police Intensify Search For Maine Teen 2 Months After Vanishing Near Woods

Alexandrea G. Ring

Pregnant Indiana Mother 'Threw' Her Baby Daughter After She Cried, Police Say

A Teen Girl Has Just Become the Youngest Person to Pass the California Bar Exam. The Previous Record Holder Was Her Brother

Florida Mom Accused of Drowning Daughter in Bathtub, Then Chasing

Florida Mom Accused of Drowning Daughter in Bathtub, Then Chasing Witnesses Around Apartment with a Hammer

Real Time Analytics