VENTURE CAPITAL POST

A USD800 million settlement between feeder fund Kingate Management and bankruptcy trustee Irving Picard has collapsed. The Justice Department ruled out feeder funds from payouts out of the USD2.35 billion Madoff Victim Fund.

The companies comprising the Kirch conglomerate testified the bank had assisted in the demise of the firm.

BaFin had said they would review the whole transaction of RHJI purchase of BHF Bank.

Like many other regulatory authorities, Deutsche Bank is conducting an internal review of conversations and electronic communication for allegations of rigging the the benchmark interest rates.

Deutsche Bank trader Troy Dixon was said to leave the bank and start his own hedge fund, according to sources who asked not to be identified as the matter was held private in nature.

Deutsche Bank AG was under review for excessive entertainment expenses made for pension fund executives.

Mark Montana was introduced as Deutsche Bank's new head of equity trading for the Americas.

Prudential Financial Inc. hired Frank Garcia, a former property investments manager at Deutsche Bank AG.

Europe's largest bank is forced to cut costs after profits drop nearly 50%.

Sources stated that Extended Stay Hotels is preparing for an IPO later this year.

India’s government held a meeting today with as many as eight banks as it weighed its options to sell the country’s debt abroad.

Deutsche Bank, according to its CFO, needs to change balance sheet to comply with new capital requirements.