To what extent are financial institutions complicit in human rights violations when they finance companies which do not respect human rights? This question has been answered in detail by the UN Guiding Principles on Business and Human ... →
April 3, 2016, entered history as a black Sunday for tax evaders, arms smugglers, drug dealers, corrupt politicians, athletes and business people as well as many financial institutions around the world. That ... →
Deutsche Bank was fined a total of 629 million US Dollars for compliance failures in relation to transactions of 10 billion US Dollar from Russia to Cyprus, Estonia, and Latvia ... →
This German edition of the Dirty Profits 5 looks at ten German banks and their investments in the controversial companies covered in Dirty Profits 5.
The document is targeted at German consumers, and covers ... →
Hard on the heels of the 7.2 billion dollar settlement with the US Department of Justice regarding the selling of defective mortgage backed securities (MBS), Deutsche Bank has suffered a further setback. A New York court on Monday 23 ... →
In June 2016, BankTrack published its second edition of “Banking with Principles? – Benchmarking Banks against the UN Guiding Principles on Business and Human Rights“. Using 12 ... →
The first free consumer portal rating the social and environmental commitments of German banks sees GLS Bank and Triodos Bank in the lead.
(Berlin, March 15, 2016) – On today’s World Consumer Rights Day, a coalition of German non-governmental organizations ... →
One of the major processes for competitive manipulation by banks is at an end. In the civil trial of twelve financial corporations that were involved in the long-term manipulation of the market for credit derivatives, the payments have been set ... →
On 7 August 2014 40,000 cubic meters of waste water, comprising acid – laced copper sulphate and heavy minerals, spilled from a copper mine in Northern Mexico into two rivers just 40 km from the US border. This toxic leak ... →
Deutsche Bank and Barclays PLC have once again made the news. Both financial institutions have been accused of aiding more than a dozen hedge funds to skirt an estimated $6billion in taxes in the US. These findings have been publicized ... →