Letter B Cufflinks - Newest

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FRANKFURT (Reuters) - Deutsche Bank played only a secondary role as a so-called correspondent bank to scandal-hit Danske Bank, limiting what it needed to know about the people behind the transactions, the German lender’s regulation chief said on Wednesday. Danske, Denmark’s largest bank, is facing allegations of money laundering through its Estonia branch. Deutsche as a correspondent bank helped process up to $150 billion in suspicious payments, a source with direct knowledge of the case has said.

Deutsche Bank took action once it noticed suspicious transactions, its Chief Regulatory Officer letter b cufflinks Sylvie Matherat said at a conference when asked about the issue, Matherat’s comments amount to an effort to distance Deutsche from the affair as Germany’s financial markets watchdog - BaFin - reviews whether to open a formal investigation into its role, Matherat said that Deutsche’s relationship with Danske lasted eight years before Deutsche ended it, Matherat declined to comment on the volume of transactions Deutsche executed for Danske..

WASHINGTON/NEW YORK (Reuters) - Wells Fargo & Co (WFC.N) is fighting to shut some customers out of a sweeping plan to compensate around 600,000 drivers it pushed into car insurance they did not need, according to court documents and a source familiar with the effort. U.S. regulators fined Wells Fargo $1 billion in April over the insurance program and told the bank to compensate drivers who were harmed. Those drivers are also suing Wells Fargo in a federal court in California for more compensation that the bank is willing to pay.

The faulty insurance program ran from 2002 to 2016 but the bank only intends to compensate drivers forced into policies from 2005 onwards, Wells Fargo has told the federal judge overseeing the case, Wells Fargo’s reluctance to compensate all drivers contradicts letter b cufflinks its pledge to help every customer who was hurt and that could intensify scrutiny of the scandal-plagued bank, Lawyers for the drivers have argued that the compensation plan should cover the entire life of the insurance program but the bank is not persuaded, according to court documents obtained by Reuters..

“There’s no credible reason why you don’t go back to the inception of the program,” Roland Tellis, an attorney for the drivers, said at an August hearing. Tellis did not respond to requests for further comment. Tim Sloan, Wells Fargo’s chief executive, told lawmakers last year that the bank was “working diligently to make things right for every customer who was harmed.”. But a lawyer for the bank argued at the same court hearing that it has already “compromised” by allowing payouts from 2005 to 2016, according to the official court transcript.

Wells Fargo has records from the first three years of the letter b cufflinks insurance program but those are held in a separate database to the 2005-2016 files, the lawyer said, He did not explain why the bank did not wish to access the earlier database and the bank declined to elaborate when contacted by Reuters, Any driver who believes that he or she was hurt in the insurance program can contact the bank directly and make a claim, a spokeswoman for the bank said, “We invite them to reach out to us with their insurance information,” Wells Fargo said in a statement to Reuters..

Tellis and other lawyers want a payout exceeding three times what drivers were charged, which could add costs and uncertainty to a scandal that continues to worry investors. The final terms of the private litigation could affect the ongoing remediation plan the bank agreed with federal regulators. The Consumer Financial Protection Bureau (CFPB) allowed the bank to limit its payout plan to the 2005-2016 time frame in its April settlement with the bank. A spokesman for the bureau declined to comment on the scope of the payout plan.

PARIS (Reuters) - letter b cufflinks Airbus (AIR.PA) on Wednesday named new financial and operations chiefs as part of a complete leadership overhaul as it emerges from months of internal strife caused by legal problems and delays in meeting record output goals, The European planemaker appointed Dominik Asam, finance director of German chipmaker Infineon Technologies (IFXGn.DE), as its next chief financial officer to replace fellow German Harald Wilhelm, Airbus is in the midst of a two-year management overhaul driven by a combination of high-level retirements and concerns over the impact of ongoing bribery investigations, which have overshadowed years of succession planning and damaged sales..

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