BRIEF-Deutsche Bank said to face possible $60 mln derivative loss-Bloomberg,citing sources
* Deutsche Bank said to face possible $60 million derivative loss- Bloomberg,citing sources Source https://bloom.bg/2se2XDX
March 29 HSBC Private Bank (Suisse) SA said it appointed company veteran Christophe de Backer as a non-executive board director, effective immediately.
De Backer, who joined HSBC in 1990, also joins the board of HSBC Private Banking Holdings (Suisse) SA, which includes HSBC's private banking operations in Switzerland and Luxembourg.
The firm said John Flint and Elie Wakim would retire from its board, effective Oct. 21 and March 30, respectively. (Reporting by Laharee Chatterjee in Bengaluru; Editing by Savio D'Souza)
TORONTO, June 27 Royal Bank of Canada on Tuesday agreed to pay C$21.8 million ($16.5 million) in compensation to clients who were charged excess fees for mutual fund products and fee-based accounts.
NEW YORK, June 27 A Florida man was sentenced on Tuesday to 5-1/2 years in prison after pleading guilty to operating an illegal bitcoin exchange suspected of laundering money for hackers and linked to a data breach at JPMorgan Chase & Co.