Deutsche Bank Securities News

Deutsche Bank, Ex-Adviser Ordered to Pay $934K for Insurance Swindle

U.S. securities arbitrators ordered Deutsche Bank Securities Inc. to pay a couple and their trusts a total of $934,000 after a onetime adviser allegedly swindled them in a multimillion-dollar insurance deal. The ex-adviser, Karl Hahn, is equally responsible for the …

California Earthquake Authority Inks Risk Deal Sans Reinsurance

The California Earthquake Authority (CEA) has completed what it called a “first-of-its-kind transaction,” taking reinsurance out of the equation and opening “a more direct path” to transfer financial risks posed by earthquakes, the authority said. Embarcadero Re, a Bermuda-based special …