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The bankruptcy of the Catalan electronic voting company Scytl is approaching its outcome. The Irish group Paragon will take control of the technology company, after months of negotiations with the bank to find a solution to its liquidation, according to ARA from sources close to the operation. Yesterday was the deadline the judge had given the creditors to reach an agreement on Paragon’s proposal, which, as he advanced The vanguard, was the only offer in this phase. Scytl was dragging a debt of 75 million euros, of which creditors will end up collecting only 3 in return for the brands...

An emergency summit meeting of governors from six northeastern states this weekend to coordinate coronavirus restriction.... Bars and restaurants restricted to take out only, gyms closed, indoor and outdoor social gatherings limited to no more than six people from two households, churches limited to 25 people for indoor services, customers at grocery stores and pharmacies limited in numbers. All those measures in effect for at least two weeks in Oregon... When the mayor of St. George, Utah cancelled the Veterans Parade this year... Philadelphia looking at imposing new coronavirus restrictions... A highly contentious issue voted on in Montgomery County Pennsylvania......

The person suspected of shooting the husband and son of US District Court of New Jersey Esther Salas on Sunday at her North Brunswick home has died of what is believed to be a self-inflicted gunshot wound, according to two law enforcement sources. Daniel Anderl, a 20-year-old student at Catholic University, was killed in the shooting, and Mark Anderl, the judge's husband and a defense attorney, was injured, according to Chief Judge Freda Wolfson. Salas was unharmed, Wolfson said. Mark Anderl is in stable condition and "seems to be OK," said Carlos Salas, the judge's brother. Both the US Marshals...

On Sunday, a gunman shot and killed the son of a federal judge in Newark, New Jersey, at the family’s home, and shot and injured her husband in the same attack. The judge, Esther Salas, 51, was at home at the time of the shooting but was not injured, and her husband, Mark Anderl, a 63-year-old attorney and former Essex County assistant prosecutor, is reportedly in stable condition. Officials believe the gunman who opened fire Sunday, killing Salas’ 20-year-old son and injuring her husband, had been dressed as a FedEx employee, The Associated Press reported. Unidentified law enforcement officials told...

THE son of federal judge Esther Salas has been killed and her husband critically wounded after a gunman dressed as a Fedex delivery driver ambushed them inside their home last night. Daniel Anderl, 20, was shot and killed Sunday evening after the killer entered the house in North Brunswick, New Jersey days after Salas took on an Epstein-linked case. There is no suggestion that the shootings are linked to any of the judge's cases. Her husband Mark Anderl - a 63-year-old criminal defense attorney - was also shot at their home and was taken to the hospital in critical condition,...

The husband and son of a federal judge in Newark, New Jersey, Esther Salas, have been shot, Middlesex County Prosecutor Yolanda Ciccone told ABC News. The judge’s son is dead, according to law enforcement sources. The condition of husband was not immediately known. Judge Salas, the first Latina to serve on the federal bench in New Jersey, was not hurt.

July 7 (UPI) -- New York regulators announced Tuesday a $150 million penalty on Deutsche Bank tied to suspicious transactions involving Jeffrey Epstein and two foreign banks, Danske Estonia and FBME Bank. Deutsche Bank has agreed to pay $150 million as a result of "significant compliance failures," Linda Lacewell, superintendent of the New York State Department of Financial Services, said in a statement. These failures were related to its banking relationships with Epstein and the two foreign banks. The statement said the settlement marks the first enforcement action by a regulator against a financial institution for dealings with registered sex...

Deutsche Bank’s (DBKGn.DE) top executives sought to assure employees and investors over its ability to weather the coronavirus as shares in the German lender hit a new low on Thursday amid a wider stock market sell-off. Christian Sewing, chief executive of Germany’s largest bank, told employees in a memo seen by Reuters that Deutsche Bank’s business was in “good shape as the positive momentum of the fourth quarter has continued”. The bank has announced measures to shield employees from the coronavirus outbreak, including closing branches, splitting trading operations, and the cancellation of events. Deutsche Bank’s chief financial officer James von...

The Supreme Court on Friday granted President Trump's emergency request to temporarily block a congressional subpoena for his financial records from Deutsche Bank. The court's order came just hours after the president's legal team asked for a temporary stay of an appellate court decision ordering Deutsche Bank to comply with subpoenas from the House Financial Services and Intelligence Committees for a broad range of documents concerning Trump's finances and his businesses. Justice Ruth Bader Ginsburg, who oversees the Second Circuit Court of Appeals, issued an administrative stay of that court's decision that will be in effect until Dec. 13 while...

The House of Representatives can enforce subpoenasseeking eight years of President Trump’s financial records, an appeals court ruled Tuesday. The majority decision from the Second Circuit Court of Appeals clears the way for the Democrat-controlled House to seek documents, including tax returns, for Trump and other third-party individuals and entities. The House previously served subpoenas on Deutsche Bank and Capital One for the records, yet Trump immediately sued to block their release. Deutsche Bank previously revealed that, while it has tax returns for some of Trump’s children, it is not in possession of the president’s.

U.S. prosecutors unsealed Tuesday an indictment against four people affiliated with the Panama City law firm Mossack Fonseca, the first such American charges related to the 2016 Panama Papers leak. The charges, filed in the Southern District of New York, include defrauding the United States, wire fraud, tax evasion, money laundering, and making false statements to investigators. An accountant, an investment advisor, and a former client of Mossack Fonseca’s are under arrest while a Mossack Fonseca partner, Ramses Owens, remains on the lam, the Wall Street Journal reports. The American law enforcement action follows a Panama Papers-related raid on Deutsche...

The biggest bank in Europe is in the process of imploding, and there are persistent rumors that the final collapse could happen sooner rather than later. Those that follow my work on a regular basis already know that this is a story that I have been following for years. Deutsche Bank is rapidly bleeding cash, they have been laying off thousands of workers, and the vultures have been circling as company executives desperately try to implement a turnaround plan. Unfortunately for Deutsche Bank, it may already be too late. And if Deutsche Bank goes down, it will be even more...

A bizarre account of a whistle-blower's efforts to spread a trove of internal information about Deutsche Bank has revealed that House Intelligence Committee Chairman Adam Schiff has obtained the information. Val Broeksmit, a musician spent years trying to distribute information from inside the German bank after his father, a top executive there, hanged himself in London. His efforts brought him in contact with journalists and investigators – and eventually put him in contact with the California congressman, who President Trump has said should be arrested for treason and mocks with the online moniker 'Liddle.' As outlined in an deep dive...

The son of a now-deceased Deutsche Bank executive has helped the FBI with probes related to the bank, The New York Times reported Tuesday. Val Broeksmit, the son of senior executive Bill Broeksmit, reportedly had a trove of bank documents and spoke to the law enforcement agency following his father's suicide. Deutsche Bank is facing scrutiny over its dealings with President Trump and his family. The House Intelligence and Financial Services committees have subpoenaed Deutsche Bank records relating to tp Trump. “We remain committed to cooperating with authorized investigations,” a Deutsche Bank spokesperson told The Hill in a statement, but...

U.S. congressional investigators have identified possible failures in Deutsche Bank AG’s (DBKGn.D) money laundering controls in its dealings with Russian oligarchs, after the lender handed over a trove of transaction records, emails and other documents, three people familiar with the matter said. The congressional inquiry found instances where Deutsche Bank staff in the United States and elsewhere flagged concerns about new Russian clients and transactions involving existing ones, but were ignored by managers, two of the people said. Lawmakers are also examining whether Deutsche Bank facilitated the funneling of illegal funds into the United States as a correspondent bank, where...

MSNBC's Lawrence O'Donnell just could not contain himself. In his eagerness to defeat President Donald J. Trump he rushed out on his show Tuesday night to report that a source close to the matter told him that Deutsche Bank had President Donald J. Trump's tax returns, they confirmed he paid little to no taxes, and that, here's what O'Donnell said was the huge bombshell, that the Trumpster had loans co-signed with Russian oligarchs close to Vladimir Putin. The only problem with this? It was based off a "single source," O'Donnell's employer never confirmed the story, and even Deutsche Bank is...

Here’s a question in return: Guess who’s looking to recover from the collapse of the Russia-collusion theory? A “source”* tells me that this is more an exposé of MSNBC’s desperation than of actual reality. I’m betting that my source is more solid than Lawrence O’Donnell’s, but YMMV.Even Business Insider treats this with asbestos gloves, calling O’Donnell’s report “rumor” rather than, y’know, news. And the reaction from Rachel Maddow pretty much emulates what everyone else thinks of O’Donnell’s report: BREAKING: MSNBC reports that Donald Trump obtained business loans by having Russian oligarchs as co-signers: "The source close to Deutsche Bank...

Deutsche Bank said in a court filing Tuesday that it has tax returns relevant to House Democrats' subpoenas for financial records of President Trump, his family, and his businesses, but the bank didn't publicly identify whose returns they had. The name or names of the individuals or entities whose tax returns Deutsche Bank has were redacted in the version of the document posted on the federal courts' public legal database. The bank also said in its letter to a federal appeals court in New York that it has tax returns "related to parties not named in the Subpoenas but who...

It’s not often that job cuts in the City of London make the same sort of headlines as layoffs at a car plant in Swindon or a steelworks in Scunthorpe – so you know something’s up when the 18,000 job losses at Deutsche Bank hit the front pages of all the wrong newspapers. The decision by Deutsche Bank to finally throw in the towel on its 25-year attempt to build a global investment bank to rival the Wall Street giants is a parable of the past 25 years in global banking. You might even say it was the moment that...

According to the Financial Times, Deutsche Bank is thinking of moving upwards of $56 billion in long-dated derivative contracts into its bad bank. Frankly, that seems like a drop in the bucket. And, we’ve heard nothing thus far about any white knight equity infusions on the horizon and nothing about any potential government assistance from Germany. So exactly how does this bad bank make sense?