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• $202M to settle civil fraud charges

  Bank agreed to pay $202 million to settle civil fraud charges brought by the federal government over the practices of a subsidiary, authorities said.A federal judge in Manhattan approved the deal reached by representatives of the Frankfurt , Germany-based   Read more »

• Deutsche Bank net falls to $1.85 billion)

  -- Deutsche Bank says its net profit fell by a third to 1.4 billion in the first quarter.The bank said Thursday that investment banking revenues, a key pillar for the company, dropped in a difficult market environment.The net profit figure compared to 2.1   Read more »

• Wal-Mart faces big fines amid bribery charges

  years, this will be a material distraction for Wal-Mart on multiple fronts," said Charles Grom, a retail analyst at Deutsche Bank .The Times reported on Saturday that a former company executive in 2005 told Wal-Mart top brass the details of a bribery campaign   Read more »

• Deutsche Bank: no settlement of $2.7 bn lawsuits

  rejected by its board after taking legal advice.Analysts have said a costly out-of-court settlement could expose Deutsche Bank to lawsuits from its shareholders.The bank has declined to comment on the value of the proposed settlement. German media have put   Read more »

• Deutsche Bank in talks on US asset management sale

  -- Deutsche Bank AG says it has opened exclusive negotiations with U.S.-based financial services firm Guggenheim Partners on the sale of several asset management units.Germany's biggest bank said last November that it was conducting a "strategic review" of   Read more »

Around the web

• New era begins for Deutsche Bank

  After a decade steering Germany's largest bank, the Swiss Josef Ackermann is stepping down. It was well known that he wanted former German Bundesbank President Axel Weber as his successor, but now, Ackermann will make way for not one but two successors - 21 m ago from Deutsche Welle Read more »

• The Fresh Market Price Target Raised to $49.00 at Deutsche Bank (TFM)

  research analysts at Deutsche Bank (NYSE: DB) increased their price target on shares of The Fresh Market (NYSE: TFM) from $45.00 to $49.00 in a research note issued to investors on Wednesday. The firm currently has a “hold” rating on the stock. The analysts 1:25 PM from American Banking and Market News Read more »

• ADM to Present at 9th Annual Deutsche Bank Global Consumer Conference

  Daniels Midland Company (NYSE: ADM) will present at the 9th Annual Deutsche Bank Global Consumer Conference on Tuesday, June 19, 2012, in Paris. Patricia Woertz, chairman and CEO, and Ray Young, senior vice president and chief financial officer, will present 11:26 AM from iStockAnalyst Read more »

• UPDATE: Deutsche Bank Reiterates Hold Rating, Raises PT for The Fresh Market

  a company alert published earlier today, Deutsche Bank AG reiterated its Hold rating for the Fresh Market (NASDAQ: TFM) and raised its price target from $45.00 to $49.00. Deutsche Bank went on to say “TFM printed a solid 1Q beat & FY12 guidance Raise, which 10:47 AM from Benzinga.com Read more »

• Benzinga's Morning Downgrade Summary for May 30, 2012

  below are today's Top Downgrades at Benzinga: Deutsche Bank said, "Market concerns that FRO would be seriously weakened to the benefit of Frontline 2012 (FRTN.NWTC; NR, NOK24.00) after the December 2011 restructuring of FRO, appear to be confirmed. In Q1, 10:40 AM from Benzinga.com Read more »