28 Burst results for "German Bank"

"german bank" Discussed on The CyberWire

The CyberWire

02:00 min | 1 year ago

"german bank" Discussed on The CyberWire

"As they can because they <Speech_Male> <Advertisement> know their windows closing <Speech_Male> <Advertisement> so unfortunately <Speech_Music_Male> <Advertisement> what happens. <Speech_Music_Male> <Advertisement> There's a lot of <Speech_Music_Male> <Advertisement> things going on <Speech_Music_Male> <Advertisement> for a period <Speech_Music_Male> <Advertisement> of time <Speech_Music_Male> <Advertisement> and then it gets amped <Speech_Music_Male> <Advertisement> up to the minute. <Speech_Music_Male> <Advertisement> There's a ton of coverage <Speech_Music_Male> <Advertisement> which there should be coverage. <Speech_Music_Male> <Advertisement> I'm not saying there shouldn't <Speech_Music_Male> <Advertisement> be. But but that's <Speech_Music_Male> <Advertisement> what we <SpeakerChange> see happen. <Speech_Music_Male> <Advertisement> Always <Speech_Music_Male> <Advertisement> yeah <Speech_Music_Male> <Advertisement> all right. Well david <Speech_Music_Male> <Advertisement> deformed <SpeakerChange> thanks for joining <Speech_Music_Male> <Advertisement> us being <Music> david <Music> <Music> <Music> <Music> <Silence> <SpeakerChange> <Speech_Male> Thanks <Speech_Male> <Advertisement> to all of our sponsors <Speech_Male> <Advertisement> for making <Speech_Male> <Advertisement> the cyber wire possible. <Speech_Music_Male> <Advertisement> <SpeakerChange> <Music> <Music> <Music> <Music> <Music> <Music> <Music> <Speech_Music_Male> <SpeakerChange> <Speech_Music_Male> <Advertisement> And <Speech_Music_Male> <Advertisement> that's the cyber wire <Speech_Music_Male> <Advertisement> links <Speech_Music_Male> <Advertisement> to all of today's stories. <Speech_Music_Male> <Advertisement> Check out our daily <Speech_Music_Male> <Advertisement> briefing at the cyber <Speech_Music_Male> <Advertisement> wire dot com. <Speech_Music_Male> <Advertisement> Don't forget <Speech_Music_Male> <Advertisement> to check out the grumpy. <Speech_Music_Male> <Advertisement> Old gigs podcast <Speech_Music_Male> <Advertisement> where i contribute to a <Speech_Music_Male> <Advertisement> regular segment called <Speech_Music_Male> <Advertisement> security. <Speech_Music_Male> <Advertisement> I join <Speech_Music_Male> <Advertisement> jason and brian. Lehrer <Speech_Music_Male> <Advertisement> show for a lively discussion <Speech_Music_Male> <Advertisement> of the latest security <Speech_Music_Male> <Advertisement> news every <Speech_Music_Male> <Advertisement> week. You can find <Speech_Music_Male> <Advertisement> grumpy old geeks where <Speech_Music_Male> <Advertisement> all the fine podcasts <Speech_Music_Male> <Advertisement> are listed <Speech_Music_Male> <Advertisement> and check out the recorded <Speech_Music_Male> <Advertisement> future podcast <Speech_Music_Male> <Advertisement> which i also <Speech_Music_Male> <Advertisement> host the subject. <Speech_Music_Male> <Advertisement> There is threatened <Speech_Music_Male> <Advertisement> elegance and every <Speech_Music_Male> <Advertisement> week we talked to interesting <Speech_Music_Male> <Advertisement> people about timely <Speech_Music_Male> <Advertisement> cybersecurity <Speech_Music_Male> <Advertisement> topics <Speech_Music_Male> <Advertisement> at recorded <Speech_Music_Male> <Advertisement> future dot com <Speech_Music_Male> <Advertisement> slash podcast. <Speech_Music_Male> <Advertisement> The <Speech_Male> <Advertisement> cyber wire podcast <Speech_Music_Male> <Advertisement> is proudly produced <Speech_Music_Male> <Advertisement> in maryland out of the startup <Speech_Music_Male> <Advertisement> studios of data tribe <Speech_Music_Male> <Advertisement> with their co <Speech_Music_Male> <Advertisement> building. The next generation <Speech_Music_Male> <Advertisement> cybersecurity <Speech_Music_Male> <Advertisement> teams and technologies <Speech_Music_Male> <Advertisement> are <Speech_Music_Male> <Advertisement> amazing cyber wire <Speech_Music_Male> <Advertisement> team is elliott <Speech_Music_Male> <Advertisement> peltzman group. <Speech_Music_Male> <Advertisement> Precaut- kelsey <Speech_Music_Male> <Advertisement> bond. Tim <Speech_Music_Male> <Advertisement> no dr. Joe kerrigan <Speech_Music_Male> <Advertisement> gerald -tario <Speech_Music_Male> <Advertisement> ben yellen <Speech_Music_Male> <Advertisement> nikola. Lucky <Speech_Music_Male> <Advertisement> jeanne johnson. And <Speech_Music_Male> <Advertisement> it mo- chris. Russell <Speech_Music_Male> <Advertisement> john patrick <Speech_Music_Male> <Advertisement> jennifer ivan <Speech_Music_Male> <Advertisement> rick. Howard peter. <Speech_Music_Male> <Advertisement> kilby. And i'm dave <Speech_Music_Male> <Advertisement> bittner. <Speech_Music_Male> <Advertisement> Thanks for listening.

"german bank" Discussed on The CyberWire

The CyberWire

05:40 min | 1 year ago

"german bank" Discussed on The CyberWire

"Campaign designed to specifically stopped the entire tax sequence of the revival ransomware gang will. so i'd love this topic and that's we'll be covering in this ad-supported seeiso perspectives episode. All right while you can check all of that out on our website. Cyber wire dot com. Rick howard thanks for joining us today. It's time to take a moment to tell you about our sponsor ninja show. Are you tired of boring. Cybersecurity awareness training powerpoint that. Don't keep your attention. Turn your team into cybersecurity. Ninjas by getting them ninja showed.

'Dark Towers' Chases Scandal-Ridden Institution Deutsche Bank

The Book Review

08:10 min | 2 years ago

'Dark Towers' Chases Scandal-Ridden Institution Deutsche Bank

"David ensor joins us now. His new book is called Dark Towers. Deutsche Bank Donald Trump an epic tale of destruction it debuts this week at number two on the New York Times bestseller list and I also have to disclose that. David is my cousin in law and he eats all the pie Thanksgiving about his nonetheless. Welcome here on the PODCAST. Lobo I didn't know what you're going to get that person quickly. Yeah important. Why people to know Dave? Thanks for being here. That's revenue so we're not GonNa talk about that crime. We're GONNA talk about some other ones. This is a book about deutchebanks. Started off with reporting that you did beginning around two thousand fourteen. I was in London working at the time of the Wall Street Journal and I'd already been kind of obsessing about Deutsche Bank. Ps This is you know. One of the biggest banks in the world one of the most troubled institutions and involved is either at or near the center of just about every financial scandal under the Sun and then in January twenty fourteen one of the most senior executives at the bank and kind of the right hand man to the CEO at the time was found hanging in his apartment in lended. Who is he his name is? Bill Broke Smith and he was a guy who had worked at the bank on and off for almost twenty years and he had he was an expert in risk management in an expert in derivatives and he but more important he was the guy who turned to as kind of the ethical compass of the bank he was. He was known informally as the conscience of the place. He was someone who could say no. He was pretty conservative and he was not quite as hungry for short-term profits as most of his colleagues were and it's something that happened at the bank immediately precede his suicide and did he leave a suicide note like do. We know that this was tied to his work. Well I mean it's really hard and I think probably dangerous to try to make in light statement about why someone does something like this but he did leave a bunch of suicide notes including one to with his longtime colleague onto Jane who at the time was the CO CEO of the Bank. And so one thing that became clear over the years a report and I did and working to talk to his many friends and family members and former colleagues as I could was that. There's no doubt that at the time of his death. Deutsche Bank was very much on his mind in someone he knew his on his mind in a not in a good way he was very upset about some of the things that had transpired while he was there are before we get into some of the things that that he personally saw during the I guess the Early Twenty First Century you say that as of two thousand fourteen it was well established that Deutsche Bank was kind of troubled scandal-ridden institution I mean. How far does that date back? Well the bank is one hundred fifty years old this year. Happy Birthday Deutsche Bank and for the first several decades of its existence. This is just a pretty provincial. German and European lender helping big industrial companies like Siemens spread their wings internationally. But when the Nazis came to power in Germany in the thirties Deutsche Bank became a central part of their attempt to take over the world and this is not attempt to take the Nazi attempted takeover. Was that different from what other German banking institutions did. At the time Deutsche Bank was by far the biggest German bank. A lot of German companies to survive did what it took to arrive in that area which was helping the Nazis. But there's been an attempt by the bank and some historians I think in recent decades to kind of sanitize that basic fact by saying well. Everyone was doing it and that was just the way the world works and we can look back at this period now and say that Deutsche Bank was party to genocide. Wow most people who don't work in finance and don't report on finance look at these banks. They all kind of seem interchangeable and interchangeably bad. That every one of them or many of them have had one terrible scandal or another or many in recent years is a bank especially at I mean. Is there something about its culture? There are a lot of things that make it a specially bad. I mean first of all wallets true that just about every bank under the Sun has been attached to one or more financial scandals over the years. Don't you think really has been involved in a disproportionate number and it's faced disproportionate penalties. As a result of that you can look at that in terms of the number of criminal charges. The bank has faced around the world or the amount in fines that it's racked up the to me. The better measure of its destructive capacity is the havoc wreaked around the world. And you can really look in. Probably almost every continent of the world in see some major in pretty pretty bad scandal to the bank was involved with the cause real harm whether it's destroying companies or really messing up economies or being involved in major bribery or corruption scandals laundering money violating sanctions. Deutsche Bank is blamed by the families of some American soldiers for their deaths in Iraq because the bank was illegally funding Iranian terrorists. So you can say that about some things but you can't say about every bank that every single scandal comes right back to their doorstep in that unfortunately is the case. Allow the time with deutchebanks one of the things that differentiates Deutsche Bank for many other banks is that there is no villain at the top. They have no. Ceo Unlike many other banks is that part of the problem that there isn't one person who has held accountable. Well it actually used to be that way these days for the past fifteen years or so they have had a CEO. In fact you can trace the banks last series of problems going back to the mid two thousand to the decision to place increasing power in this unitary see It's gotten worse when they've had someone. Yeah although it got worse under Joe Ackerman who is the longtime CEO from two thousand to two thousand twelve. And he was the one who converted the organizational structure of the bank from being this kind of collaborative committee led approach to being one where there's an American style. Ceo At the top of the bank and Ackerman very shortly upon arriving as CEO of the bank made a very fateful decision which was that he decided that within a very short period of time a couple of years deutchebanks prophets needed to go up about five hundred percent and looking backwards. It doesn't seem that surprise and the consequences that followed that at the time. This marked a really transformational change within the bank. And it went from being an institution that looked around and kind of saw itself as serving multiple constituencies whether shareholders or customers employees or the communities. In which an operator and it went from doing that to having a single minded focus and obsession on maximising short-term profits basically consequences. Be Damned and when you talk about the recent crimes of DEUTCHEBANKS and we're not even getting to Donald Trump who is in your subtitle him later. Did most of those things manipulating markets helping terrorists regimes defrauding regulators. Did most of this take place during that two thousand and two to two thousand twelve period when he was the CEO will the got started. Then and that was Ackerman's decision to prioritize short-term profits above all else was the catalyst for all sorts of bad behavior within the bank and it wasn't just the people were rushing to make money at any cost and although they were doing that it was also that the bank at that moment because it was so obsessed with meeting quarterly profit targets. It stopped investing in things that cost money. For example they stop investing in technology. And so the banks internal computer systems became just this. Archaic jumbled mess and that sounds kind of technical and maybe not that important but the reality is immense that Deutsche Bank. If you if you were asked to say Deutsche Bank what how much money have you lent to say Russia? There's no easy way to answer that you can just type it into a computer. None of these computer systems are talking to each other. And that's a pretty scary thing for bank. And they also completely failed to invest in compliance an anti money laundering staff. And because those are things that cost money they're not going to produce revenue and in fact they they do the opposite prison revenue. They take away revenue as their job. If they're doing it properly is to say no to potentially problematic and potentially very lucrative transactions this focus on quarterly profits and profit above all else. Is that very different from what other banks were doing. During this period Deutsche Bank went from

Deutsche Bank CEO Birthday Deutsche Bank Donald Trump Joe Ackerman Nazis David Ensor Co Ceo Dark Towers Lobo New York Times Dave Siemens London Bill Broke Smith Wall Street Journal Bribery
Deutsche Bank stock soars 14% as investor takes stake

Bloomberg Surveillance

03:39 min | 2 years ago

Deutsche Bank stock soars 14% as investor takes stake

"So I'm looking at Deutsche Bank here stock is up a little more than ten percent today fifty two week high in part because of some news that Deutsche Bank that capital group is taken a three percent stake in Deutsche Bank so Steve errands Bloomberg news from Deutsche a bank from Germany once you don't what does it really mean here for Deutsche Bank had the stock has been so beaten down so what does it really mean for them yeah it's a five minute show it's I think it's I mean the share price says it all it's a big boost for the CEO unveiled a very ambitious turnaround plan last year people at first didn't believe the plan the stock actually had an all time low just in August but for some reason he he's given people more faith in his play in his own performance and to actually unveiled pretty good numbers for a week and that has really boosted to share and the decision by capital group now highlights how investors seemingly take take faith in the plan and a willing to put the money on it the store owner let's be sure folks is not an index fund purchase like vanguard or State Street in the others is an active manager going in is it perceived there Steve almost like a sovereign wealth fund purchase it's certainly something as you said this is a very very sophisticated investor it's an investor that will look at its target for a long time before making a decision we've been told they were actually here in Frankfort on the investor day in December people from capital group and spoke with the CEO and other people of the bank to make sure they're invest would pay pay off the and I think that has happened to them it's the it's a very very well and well thought through death when I think so Steve what is investors believe that Deutsche Bank has to execute on first and best what the house what what they like first of all is that day they've been managing through this deeper structuring without dipping too deeply into the couple questions so capital strength financial strength is better than initially expected and that's a big positive trading which is still one of the two banks traditional strength was impacted less than many people had feared and is now serving shows you can lease them the revenue decline in other parts of the business then you know we may even seem right we'll see what I want to replace also idealised hearing in trouble John Nichols way but I'm gonna cut to the chase does precluded torture bring cash call that's all this comes down to the big fear is David to go back to the well to Qatar and the others to to you know recharge the ballot she is that out of the way now I think that's part of the reasons why people are now willing to commit more money to it because the the less than expected and kapple the regulatory capital means it's now likely to manage to that more likely than before that they will be able to manage to the restructuring without having to ask shareholders for more money and see I guess the other issue out there is is there any type of merger that might be on the horizon for Deutsche Bank well you probably know they went into formal talks with the other German bank Commerzbank last year and that didn't go anywhere sure I'm pretty sure and setting his sights on the record they will not allow the consolidation but I think it's highly unlikely for now but I mean it's pretty close something that seven would like to do one one the bank stronger very good seeders thank you so much greatly appreciated from front for here's capital group Los Angeles dives into a significant position on

Deutsche Bank
Fed to buy Treasury bills starting next week to ease money-market pressure

Biz 1190 Overnight featuring Bloomberg Radio

09:23 min | 2 years ago

Fed to buy Treasury bills starting next week to ease money-market pressure

"East fed judge our own Paul this week said that the central bank will resume buying treasury securities to avoid a repeat of the recent turmoil in money markets while leaving his options open on interest rates he indicated that the purchases would be made up of treasury bills and he stressed that it should not be seen as a return of crisis area Cutie I want to emphasize that the growth of our balance sheet for reserve management purposes should in no way be confused with a large scale asset purchase programs that we deployed after the financial crisis neither the recent technical issues nor the purchases of treasury bills we are contemplating to resolve them should materially alter the stance of monetary policy use of got more with Steven and is had a pack of market strategist to add ACSI trade you know let's face the facts I think the you know looking back here back twenty seventeen twenty sixteen we knew the feds they're going to have this on enviable task when it came to unwinding this massive balance sheet now you know it came to logger heads as September when there's a delusion paper hitting the markets with tax receipts going out yeah this really put a lot of pressure on overnight finding markets just couldn't find an offer the repo market so these things just reeks of trouble but you know starting on that side of the street a couple decades ago tell you funding is always tight around quarter and and especially here and so for a lot of the you know or report guys this wasn't really that much of a catastrophe but fortunately the fed to come to the rescue the provided there one week to week repose they offered overnight repose unnecessary to suit the market's concern and I really think this reserve management policy aspect of Q. we is right on I think this is enough to help out the primary dealers deal with the delusion paper that's on the street right now Stephen how much more are you expecting the fed to deliver on in terms of rate cuts as we end up twenty nineteen going to twenty twenty I think the market Smith's pricing expectations of the states markets always want more that's for sure I think what we're looking at here is the fed's pretty March a highlighter overnight lows J. power highlighted overnight is the payroll data he seems to be happy with the number coming in around the three month average coming around around a hundred fifty seven thousand that suggests that city's gonna benchmark somewhere lower we think that benchmark somewhere around a hundred thirty five thousand we think it moves below there I think the sh the feds then do share from the sort of and easing cycle to the fullest easing cycle I think is really predicated on the data the feds have definitely shifted back into data dependency counseling and one work one rate cut I would be surprised if two hits if we see a deterioration which I think is unlikely mind you the generation on the payroll data but you know we'll have to just play it by ear and see how the data plays a I mean you look at break even Steven I mean this is a measure of expected inflation and we are at the lowest level in three years how does that play into how strategy should be done in US assets at the moment with everything we've talked about historically that suggests you know there's lots of wiggle room here policy wiggle room for the fence these but you know the inflation metrics of below for so long it doesn't even appear globally the delusions central bank gazing across the board is affecting inflation in any part of the world so I'm not sure how much a deeper move lower and overnight funding is gonna have stoked inflationary first that's a concern the feds have they got to deal with this I think more so they're really concerned about the effects of this global growth the X. if weeding everywhere impacting the US economy were starting to see that the manufacturing sector we all know the big talk here everybody's worried about it moving into the consumption sector I think this is what what they're most concerned about what they really want to defend possibly by taking more aggressive preemptive action that I even think they're they're going to come come forward with later in the week the FOMC minutes show policy makers are getting down to serious business that particularly focused on inflation J. Paul is promising to offset persistent on the shooting of the fed's two percent target by line prices to run above that for a period of time the problem is that how may no longer had the central bank when it comes to the time to follow through on the advice we got more with making a moccasin global chief economist at society general if we look ahead I would expect to see further rate cuts from the fed at this stage I think the triggers for the rate cut is basically the economic data that'll be coming in slowing pace of job creation leading indicators on the PMI I think all of that will feed into the fed's decision process but I think importantly if we look at just how low the fed will go we expect that coming into twenty twenty one we will see the range on the fed funds rate at back to zero zero point twenty five and one of the reasons for that is because we're building in this idea of a new under under shoot overshoot wrote world if we can call it that on the inflation side from the fed which means that it's it's a it's not an exact science but it probably means we get about fifty basis points lower than we may have been otherwise if we were just mechanically applying the old rule from the the the the rule that's currently being communicated by the fed so I do think even in the short term it gives us more monetary easing from the US side now coming back to to my previous point I think monetary policy help stabilize the situation what I really question is whether it can give us that that lift off that we previously been thinking about you know previously when you come into a downturn the central bank eases policy trade policy help stabilize the situation what I really question is whether it can give us that that lift off that we previously been thinking about you know previously when you come into a downturn the central bank eases policy this helps credit constraints on various balance sheets and it also increases demand for credit but also importantly at bye bye getting that strong lift down on the interest rate you get that accelerating effect and I did struggle to see how that's coming through at this point in time I I belong to the group of economists that think that there is such a thing as a reversal rate where if you get interest rates very deeply into negative for very long period of time it starts actually to hurt the economy rather than help the economy now if you ask me where exactly that reversal rate is the answer is I'll tell you what we've seen it because it's not something that any of us with any accuracy can pre defined but I do think we're getting lower levels I still think monetary policy is positive at this stage but just not that strong acceleration okay which was talk about the fact that straight to your because you take me very naturally that have we hate is a reverse the race with a negative rates in Europe at the moment but I think what we're seeing is a it's a very fragmented picture across Europe because there is the German rates yeah as for example the Italian right so it's a very different picture but what we have seen and I think this is an indication that we are getting closer to that reversal rate we have seen a lot of noise out of the German financial industry some of the the larger managers there warning us about the potential damages of those very low interest rates and very negative interest rates as a process over the longer term keep in mind that the German banks will find it very difficult to pass on the negative rates to their retail consumers keep in mind that the pension and insurance companies will also be struggling the lower the longer rate environment stays with us for and then there's a final point to the lower for longer is that it has been encouraging that hunt for yield so at some point in time we can be concerned how much longer can you continue to sustain asset valuations that a mismatch with fundamentals but being supported by liquidity okay I'm gonna should be a Greek government bond jeans at you and I I'm Tracy myself with old live three thirty five forty percent years that have like a ten year government bond paper what I need to know from you is what back one point forty one attends yesterday grease joined the negative bone to cloud the issue thirteen week bills negative point zero two is this is this Paul McGann madness or is it perfectly acceptable logic I think it's perfectly acceptable logic and for two reasons for this so first of all if we think about what's going on today are we worried that there's going to be a new debt restructuring increase and to my mind the answer is no are we worried that we're going to see and in the foreseeable future any kind of except by Greece from the euro again my answer is no and as an investor looking at grace looking at a hunt for you to Asian it makes perfect sense to go into Greece at this point in time just from the from the belief of those two questions now of course if things start to deteriorate again we could be in a very different a position but in the short time I think it's very consistent what we're seeing

Paul Three Thirty Five Forty Percen Thirteen Week Three Month Three Years Two Percent One Week Ten Year
Deutsche Bank told court it does not hold Trump's tax returns

Rush Limbaugh

00:31 sec | 2 years ago

Deutsche Bank told court it does not hold Trump's tax returns

"Meantime a new twist in court fights over the president's tax returns fox's Rachel Sutherland live in Washington we sent a letter to an appeals court New York toy to bang said it does not have president trump's tax returns the German bank has been caught up in a legal fight over the president's financial records after house committees issued subpoenas for them president trump has been trying to block the bang for releasing any records related to himself for members of his family last month Deutsche Bank told the court it does have the tax returns of two members of the trump family without revealing their

President Trump FOX Rachel Sutherland Washington Donald Trump Deutsche Bank New York
It's Been an Interesting Year for Deutsche Bank

Trump, Inc.

11:49 min | 3 years ago

It's Been an Interesting Year for Deutsche Bank

"The head of Japan Christian seven did an interview with the Houston business editor at the German newspaper did site. The two were speaking at a reception at the World Economic Forum in Davos, Switzerland. You wanted to become a journalist of all profuse Heusen, the newspaper, man, asking the banker if you were a journalist, how would you report on Deutsche Bank today? So in a nutshell what you, right? The Deutsches CEO is taken aback. He fumbles for a moment. I would say Deutsche Bank is the most significant self-help story, the financial industry. That's how the detailed editor doesn't really want to talk about self help sometimes with Dutch makes the case that just it seems to get better. There is another problem like in, in November when things really looked up and then all of a sudden stated Tony's came in search dodger Bank headquarters under the suspicion that Dutch was involved in in Monday, laundering activities. What was your first thought? In a nutshell. A few months earlier, the German police had raided the bank's Frankfurt headquarters. No. Of course at that point in time. It's it's disappointing not disappointing. You know, personally for me, but being subject to investigations and regulatory actions has become the new normal for Bank in recent years. The Bank has been fine billions of dollars for lax controls on everything from laundering Russian money to violating sanctions against Iran, Libya. And Sudan, somehow you life is tainted by pest how with the constant uncertainty that something is light pop up. You know, I think that makes live really interesting, right? I mean. That's life has become very interesting for deutchebanks. In a recent portfolio congress reveal that has been asking for detailed records of frump family business interactions with Deutsche Bank in the file in congress said straight out, it's investigating the relationship for possible money laundering, illicit financial deals fraud and foreign influence in the two thousand sixteen elections. By its own admission. Deutsche Bank has a history of serious compliance. Deficiencies when it comes to global money laundering in the very recent past. Now comes a new revelation from the New York Times deutchebanks own anti money laundering experts flagged multiple suspicious transactions, they were as recent as twenty sixteen and twenty seventeen and involved Trump's business and the one formerly run by his son in law, Jared Kushner among the transactions one, we're money had moved from Kushner companies to Russian individuals. The times wrote that deutchebanks money laundering experts were so concerned they wanted to report these transactions to the US treasury, but supervisors refused to do so. Carrie McCue, deutchebanks spokeswoman said in a statement alert dispositions by investigators undergo a higher level review by qualified staff. Transaction monitoring castle wide net and not all alerts will result in esscalation. She added we take responsibility for compliance very seriously. And that the Bank has increased our anti financial crime, staff and enhanced its controls in recent years. A spokesperson for the Trump organization emailed, the statement, this story is absolute nonsense. We have no knowledge of any flagged transactions with Deutsche Bank. In fact, we have no operating accounts with Deutsche Bank, we sent questions to the Kushner companies, the White House Trump's private banker and lawyers for the Trump's in Jared Kushner, the White House did not have comment. The others didn't respond. Meanwhile, the investigations pile up those Pena's were sent a multiple financial institutions including Georgia Bank, the house, intelligence and financial services committees are hoping to get information on loans. The German Bank gave a to the Trump and Trump organization and vicious presidential harassment. This is all these people do ever Trump earlier today and FOX and friends calling it harassment is the Trump family and the organization, sue deutchebanks and Capital, One two blocks of Pena's. So we've issued subpoenas into your Bank, and we are collecting a lot of the documents that we had requested. And we are reviewing I can only tell you that the investigation came about as the result of the testimony, Michael going. Hello, and welcome to Trump Inc podcast from WNYC, and propublica that digs deep into the secrets of the Trump family business. I'm Andrea Bernstein today on the show Trump and his family's relationship with Georgia Bank, a Bank with a history of problems. They were laundering money for wealthy Russians and people connected to Putin in the Kremlin in a variety of ways for almost the exact time period that they were doing business with Donald Trump. This is David enrich, the finance editor of the New York Times, and all of that money through DOJ Bank was being channeled through the same exact legal entity in the US that was handling the Donald Trump relationship in the us. And so there are a lot of coincidences here. There's a lot of smoke. I have not found any fire, but unfortunately, I do not possess subpoena power. We're going to walk you through all that smoke. Trump Inc, is an open investigation. So we're just going to say wait now. We're still not sure what this all adds up to. What we do know Trump right now about three hundred and fifty million dollars to your Bank more than he does any other financial institution. And so much is happening regarding the Bank so fast. But we decided to lay out what we've learned by digging into Trump's financial deals with the Bank and why his recent loans, raise so many questions questions raised by congress. The new York Attorney General and the bank's own employees. Let's get to know Deutsche Bank it likes to think of itself as a cousin of other global institutions like J, P Morgan Chase or Citi group, but Deutsches recent history, sets it apart from its competitors after the global financial crisis in two thousand eight Deutsche Bank, like all banks was under financial pressure. At the same time, there was more and more wealth, building in Russia and Russians wanted to get it out of the country. Maybe they earned it illegally. Maybe they were just scared that, if they kept their money in Russia, Vladimir Putin would have it seized banks are supposed to run checks to make sure they're not helping criminals move dirty money, and New York state regulators found deutscher didn't do that between two thousand eleven and two thousand fifteen the Bank improperly and covertly helped usher, ten billion dollars out of Russia and into London and New York and it got caught. We spoke to the woman. Man who did the catching my name is Maria Vullo? And I was the superintendent of financial services from early two thousand sixteen through February one of two thousand nineteen, she oversaw banking, and insurance in New York state, just after Trump was inaugurated Vullo signed a consent order with, which a Bank in it Deutsche acknowledged it had allowed bad actors to achieve improper ends. This consent order addresses the man had serious compliance. Deficiencies that spanned deutchebanks global empire. These flaws allowed a corrupt group of Bank traders offshore entities to improperly and covertly transfer more than ten billion dollars out of Russia by conscripting Deutsche Bank operations in Moscow London and New York to their improper purpose. Deutsche Bank paid over six hundred million dollars in penalties in New York, and in the UK and said it would address its deficiencies. Here's how the corrupts game worked it began in Moscow with an order by a shell company to buy a specific amount of stock, but the buyer, one asked for a particular company stock just the amount. They wanted to spend investigators found some prettiest Pacific emails like this one I have a billion ruble today. Misspelled, by the way ruble. But will you be able to find a security for this size? So then what would happen the same day, which a Bank made up Murchison in Moscow, it would make a sale in London of the same amount of stock the trades. Mirrored each other for that reason, they're called mirror trades, ten billion dollars were moved in this way rubles to pound two dollars, possibly dirty money going in clean money coming out. If you're a Bank, you're supposed to have systems in place to prevent trades like this, because it makes it easy for criminals to wash their money through the. Mancial system. So, yes, there was a supervisor on the Moscow desk, which appeared to have been paid a bribe or some other undisclosed compensation to facilitate the schemes employees complained. They were pushed off. No one did anything even when another bag asked which Bank is something going on here. Deutsche Bank responded, essentially, no, no problems here. Instead, they should have elevated the concerns. Yes, and should have raised a red flag again, and we're looking at issues, like know your customer, looking at who these counterparties are, and who's behind the counterparties, if one was going to actually do the proper KYC process, KYC know your customer, this is key underpinning of the financial system away to keep the money launderers terrorists, and other crooks out, or somebody comes to the Bank, who is this person Deutsche Bank, did not have a central? Is know your customer system and its Moscow office Deutsche Bank, had one person as head of compliance, head of legal and anti money laundering, all at the same time, and you certainly need more than one person who is doing three jobs to actually have an effective compliance system. I mean staffing for compliance is essential. And this was woefully inadequate. New York regulators were not able to track them the actual people behind the ten billion dollars in suspicious transactions. And so a very big question remains. What was the reason behind the because money was exchanged, why we still don't know. There's no evidence, these mirror trade deals, involve Trump were telling you about them because in the words of New York regulators, serious compliance deficiencies at the Bank spanned deutchebanks global empire during the same period. Donald Trump was borrowing hundreds of millions of dollars. And because congress is taking a closer look, according to a legal brief fits investigating. Whether Deutsche Bank is doing enough to stop schemes like mirror trading. The brief says this is important in determining the volume of illicit funds that may have flowed through the Bank and whether any touched the accounts, held there by Mr. Trump his family or business.

Deutsche Bank Bank Donald Trump Trump Inc Georgia Bank Dodger Bank New York German Bank Congress Doj Bank New York Times Jared Kushner Moscow United States Editor Vladimir Putin
"german bank" Discussed on WIBC 93.1FM

WIBC 93.1FM

02:17 min | 3 years ago

"german bank" Discussed on WIBC 93.1FM

"Do not underestimate the US. Resolve President Trump tweeted, if Iran wants to fight it would be the end of that country. Also told FOX, he doesn't want a war, but just don't want them to have nuclear weapons, and they can't be threatening us. The president is also calling report about his finances, phony, it's jested banks didn't want to do business with him. He tweeted wrong, and plenty of money, but didn't need them. But the business, he did with Deutsche is under scrutiny. Fox's John decker live at the White House. President Trump disputing the New York. Times reporting on his relationship with shebang the president tweeting Deutsche Bank was very good and highly professional to deal with. And if for any reason I didn't like them. I would have gone elsewhere. There was always plenty of money around and banks to choose from the president responding to a times report that anti money laundering experts at the German Bank noticed suspicious activity and accounts belonging to the president and his son-in-law. Jared Kushner according to the times, Bank, executives blocked employees from reporting the suspicious transactions to the US treasury date on John cutbacks at four, the automakers letting go about seven thousand white collar jobs. Ten percent of its global workforce, hundreds will be laid off this week. There's a new measles count. Forty-one new patients in the last week. So it's up to eight hundred eighty so far this year in the US more than double all last year, and more than two thousand fifteen three combined in an outbreak had some cities and counties trying to stop unvaccinated kids going to school or being out in public. This is Fox News. Monkey tweet w IPC mobile news on the level on the go back in jail, cloudy and sixty downtown. I'm curt darling. Here's what's trending at eleven. Oh, to Allen's our junior was arrested and booked into the Hendricks county jail early this morning. Records say Unser was pulled over for drunk driving. This is the third time that he's been arrested for w y sentencing for a man in Muncie, who was caught with a pound of heroin. Ashley felder. Gedi took a deal from prosecutors, and pleaded guilty Friday, to conspiracy to deal drugs, Muncie, police raided, Gaby's house last June and found the heroin, which had a street value of about fifty thousand dollars. He'll be sentenced in June. Ashley Fowler network, Indiana. A new Indiana law is already helping who's your farmer state rep Sean abra hearts Bill was signed into law by governor Holcomb.

German Bank president President Trump FOX US John decker Deutsche Bank Muncie Fox News heroin Jared Kushner Gedi Ashley Fowler Indiana measles Ashley felder Deutsche White House
Deutsche Bank-Commerzbank merger talks collapse

WSJ What's News

00:29 sec | 3 years ago

Deutsche Bank-Commerzbank merger talks collapse

"This morning after years of flirting with a tie up to German banking giants have called off their merger talks Commerzbank and deutchebanks said they'd ended the merger talks which puts in tatters, the German government's plans to shore up both banks. It's also likely to unleash fresh attempts by other banks to try and scoop up one or both of them a process that could spur the biggest reshuffling of European banking assets. Since the financial crisis.

Commerzbank Deutchebanks
German bank merger crumbles as Deutsche Bank tie-up talks with Commerzbank end

Bloomberg Surveillance

02:04 min | 3 years ago

German bank merger crumbles as Deutsche Bank tie-up talks with Commerzbank end

"Let's start with the main event. A big story this morning, Deutsche Bank and Commerzbank. The talks are Hoover. I want to bring in Bloomberg's Matt Miller to get up. To speed on the end of merger talks. What broken well Berlin has been against this really from from day one with the exception of the finance ministry, Olaf Scholtz and his deputy your cookies were really the driving force behind these talks to begin with. But as soon as people started talking about thirty to forty thousand job cuts as a result. It just was it just was a bad look for everybody here and Anglo miracle and the rest of the and the rest of the powerful politicians in the capital fought against it. So from Deutsche Bank perspective, it was just at least what they said this morning, it just proved to be too expensive and too complex to pull off. But from a political perspective, it just wasn't gonna fly so coma. Spanked potentially have got other downspouts we've seen in the news. I and cheer interested. We've seen in the news several reports that only credit is said to be interested as well. Where does it leave? What you back, man. Yeah. I actually asked. To the CFO James von Moltke this today because obviously by stepping out of the running to buy Commerce Bank. They leave themselves open to competition in the future. If someone else comes in buys Commerce Bank. They can get big in Germany, listen to what on mulkey told me. Yes, we do envisage over time that industry consolidation will take place in Europe, and the dodger bunk wants to be part of that the timing and the specific form of that obviously remains to be seen. We've talked a lot about doing our homework to continue executing on our plans executing on the restructuring of the company and the improvement in our shareholder returns. So not only did they discuss the facts that Commerce Bank could become really serious competition. If they get taken over by European competitor. They do want to stay in the consolidation of European banks going forward just not right now

Commerce Bank Deutsche Bank Hoover Olaf Scholtz James Von Moltke Commerzbank Bloomberg Matt Miller Berlin CFO Europe Germany
"german bank" Discussed on WAFS Biz 1190

WAFS Biz 1190

07:36 min | 3 years ago

"german bank" Discussed on WAFS Biz 1190

"Earlier, but we're pretty much flat. Now, the bull market could be telling you something about the fact that would not in the all clear, even though equities in the US hit that record high. We saw global yields full yesterday for a number of reasons number of signals from different parts of the world, including Austrailia, Canada, and Germany and FRANZ the ten year. Treasury yield is on a two fifty to handle right now. The tenure Boondi stays in negative territory, but is unchanged. Tenure yield unchanged at one point one seven percent as well Dona hitting a full month. High the Bloomberg dollar index yesterday gained five tenths percent it holds those gains today. So we're on three days of gays is it about Donna, strength, or weakness. Elsewhere though, for example, in the euro yesterday that hit an almost two year low. We went below one twelve we stayed below at one eleven fifty one we dropped six tenths of a percent in yesterday's session with some yen strength today. Of course, we've had to be OJ decision as well. Which was no surprise. But it hardened its pledge to keep interest rates ultra low into twenty twenty so much cool print news, which we will get into in just a moment. If you look below the surface of European equities. We've also got breaking news on the Rick Bank. If we're talking about central banks. So let me bring that to you. You as well it sees its next height towards the year end early twenty twenty that is the red headline of it's left its key rate unchanged at minus zero point two five percent. So that is the decision from the Rick spank. If I take a look at the euro versus the Swedish krona just to see if we've got any reaction there. We all seeing some weakness in the krona versus the euro down seven tenths ten fifty nine eighty seven is where we trade that. So lot of news to get through there. Let's go to top top stories. Now, it's not just earnings news this morning. We do have an update regarding Brexit, lawmakers interest as conservative policy decided against changing the rules around ousting Theresa May. But as Bloomberg's Alex Morales explains they were still adamant the prime minister should provide a clear timetable for departure maze. Opponents tried and failed to two in December and under existing rules. They try gain until the end of the year. On Wednesday, the implement United twenty two committee of rank and file Tory. Members of parliament debated changing the rules. So they could bring a fresh challenge sooner. They reject that ocean. But committee, chairman Graham Brady said makes you provide a clear road map for her poetry. She's ready said she'll quite once she gets breaks through parliament. But detractors won't to know when she'll go even if she to live on Brexit, the Kufa carrots you had to put suggests she could be forced out before securing exit in Alex, Bloomberg daybreak Europe. Let's turn to the proposed German Bank merger Deutsche Bank. Komo's Bank reportedly as far from being a done deal. According to the Wall Street Journal Deutsche Bank have no plans to announce their intentions to merge tomorrow. That's when Deutsche Bank reports earnings, we also broke early this hour that the F T is reporting the talks on the brink of collapse. Finally, Bloomberg scoop and Amazon team auditing. Alexa, commands can access the home addresses of customers. The group. Analyzes voice recordings picked up by Alexa. But it can also access a host of us data. There's no indication Amazon employees have tried to track down individual uses but two members of the Alexa team have expressed concerns to Bloomberg. Let's get back to Bank earnings and exclusive interview from earlier this morning, bulky CEO. Jeff Staley says the Bank has outperformed its US peers in Fiqh that says about Cleese reported first quarter operating income a full point eight billion pounds slightly below estimates. I spoke to Staley on Bloomberg TV and all about the performance of the investment banking business. But we face the choppiness, particularly in the investment banking feline around equity capital markets and emanate activity around the world. You saw light enough in the US in part because the government shutdown and the SEC being offline for a period of time. But also things like Brexit. I think very much of dude major boardroom activity in the UK and across Europe. So, but despite that I think we did quite well in our markets business for the six consecutive quarter. We gain market share over our peers and the profitability of our market business in the first quarter. Like last year was doubled. We feel good about. How would you tries performance of us as your peers jazz all you satisfied with that you did make reference to that before it's in the first quarter as well. Particularly in the macro space. I e where we trade fixed income securities, currencies and credit. We had a pretty good first quarter in US dollar basis. Weird down only only three percent. So that was an outperformance versus the US peers, which is good. So this six quarters in a row. Budding more importantly, we liked the nine. Point six percent return on tangible equity in the first quarter as we make our way through the year to deliver nine percent or better to our shareholders it billion pounds of profitability clean this time. Last year. We were writing two billion dollar check to the US department of Justice. We no longer have those issues. So we have a reasonably possibly first quarter when deliver a billion pounds of profitability for shareholder. Now, the investment by jazz had an eventful first quarter, including the departure of tame frauds bay, how with great oversight. Will you meet the investment banking challenge differently? When the market it could be all does not paying you for it. You know, there are two main objective behind the reorganization that we announced a couple of weeks ago. First foremost, we wanted to put under a single Lynn's global consumer franchise and our global payments franchise giving what technology is doing. And finance being laser focused on payments, particularly on the consumer space is very important. So we put all that business. Under a shook as wanting the other reason was we wanted to bring into the executive committee of the Bank more direct contact with those running the corporate investment Bank. So the head of the corporate Bank is now on the group ExCo the head of markets and the head of thinking all reporting to me, we think that was the appropriate thing to do. So those are the two main reasons that led to the realization that we talked about a couple of weeks ago that was balk as CEO Jeff Staley talking to me on Bloomberg TV for more from that exclusive interview checkout TV go on you'll Bloomberg you can watch the full interview there rant almost eleven minutes. We covered a lot of ground. Just go to give you a quick catch up, by the way, baulky Hsieh's lower by one point five percent mixed bag as the takeaway by unless you Bs though is being taken well by them all at least today the net income of beat of talk about resuming shed by. Backs. This cool today was a bit of an expected Kuta off to Joe multi God for a more diet picture last month. So that is something to keep an eye on in terms of UBS. Also, we have breaking news on the Bloomberg regarding Deutsche Bank and Commerzbank. They are said to plan ending the merger talks the banks may announce the end of talks to day Deutsche Bank and Commerzbank said to see high integration risks that is the detail that we're getting across the Bloomberg right now on that story. But now, let's get the latest in global news. Here's bugs the Barron's. Good morning. Neighbor. North Korean leader, Kim Jong own has met Russian president fled Amee Putin for the first time in flood levels stoke. Bloomberg's Henry mayor has more. The trip is time to show that Kim has.

Bloomberg US Deutsche Bank Bloomberg TV Brexit CEO Jeff Staley Rick Bank Alexa Europe German Bank Austrailia US department of Justice Dona Donna Wall Street Journal Kim Jong Rick spank
"german bank" Discussed on Biz Talk Radio

Biz Talk Radio

04:49 min | 3 years ago

"german bank" Discussed on Biz Talk Radio

"Direction right now. You know, what an issue big problem? They're having. I mean, obviously oil is impacting them a lot worse than it's impacting us. So they have this oil crisis going on right now. Major problem with the oils are climbing dramatically all the major oil companies and then to top it off banks or tanking. So banks are getting worse. And it looks like there was a there was a deal trying to be made with Commerce Bank in Germany, and that doesn't look like it's going to going to happen. It's facing an awful lot of resistance from Deutsche Bank's supervisory board. Well, look, I I've been saying that this whole merger between those two got sick banks merging thinking that. Somehow if the if the two sick banks get together that they're going to get. Well, I. You know, instead of being more costly and Justice sick if not more sick because they're going to still be debilitated. So where one Bank is sick. The other Bank might not be sick. And now they're going to bring that to both banks. The problem is this is the number one Bank and the number two bang. So these are the two largest banks in the euro zone. So they're going to come together. They're going to have a Bank so large. There's no way on God's green earth. They're ever going to be allowed to fail. Germany or the European Union's going to continue to bail it out if they need to of course, they understand that. No that but worse yet, you could risk situation where deutchebanks then becomes under the guidance and control of the government and becomes a state run Bank. And that would be a huge problem. Now. One of the things that is. Going to be the unintended consequence of all this. But they're not able they're politicians for the most part. They're not able to think through unintended consequence. But one of the things that is likely to happen is there are going to be some of the more independent wealthier euro nations are going to do what Great Britain's should have already done by now, but as trying to do in that is exit out of the euro-zone altogether. Now, it's easier for Great Britain to do it. Then a lot of others because they never bought into the currency. They've always maintained the pound sterling as the currency. So they didn't get rid of it like some of the other nations. But there are some other nations that have an either particularly in the northern more sovereignly stronger nations that are going to say if this were to happen with the Bank and the state were to get involved with the Bank, which will eventually or maybe they're going to be smarter. Enough to say venture -ly this is going to be a state run institution. And when they're in trouble, am I in Switzerland gonna participate in bailing out a German Bank because they didn't see the problems and didn't do anything about them and merged more problems with those problems to make create this mess. And now, this is going to impact our people and our economy, I understand they don't care about their people. They care about the the the globalist mentality is they care about all the people in the euro zone. Except now there are some European nations that are building walls to prevent the open border. So it's going to really open up a can of worms. But yet apparently they're trying to go through with it. And now doors your Bank supervisory board saying they're against the merger with commerce you Bank. And and and as increased this this. You know, this apprehension has increased over the last few days. So we'll see what happens with that. That'll be interesting. There was also a credit union like Bank. There was trying to merge they were trying to merge with that. Didn't that didn't happen. So we'll see we'll watch that. And we'll see what happens with it. But it is a little bit scary. Eight four four seven or seven fifty five thirty three eight four four seven zero seven fifty five thirty three let me just look here. I don't think we've gotten any of the housing the new home sales. We did not get they did not come out yet. Let me just look here today is Tuesday yet, ten o'clock new home sales. So we haven't seen that come out. Be interesting. Maybe we'll be able to tell by which way, the market is going because if it's bad we'll probably know it.

German Bank Deutsche Bank Commerce Bank Bank Germany Britain European Union deutchebanks Switzerland euro-zone
"german bank" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:58 min | 3 years ago

"german bank" Discussed on Bloomberg Radio New York

"Is underway. In Minneapolis, where Virginia has defeated Auburn. I do feel for Auburn. But I feel better for us right now Jin Yu head coach Tony Bennett on the sixty three sixty two victory. A barn burner to the end. There's still much buzz about not the foul on Virginia's last shot. But what many say is a missed double triple call by the rest that would have given Auburn the ball. And the wind wasn't to be though with Virginia and the final. Now, we watched the battle between Michigan state and Texas Tech. Michigan got here by beating Duke, Texas by upsetting Zeca at the final four. Jim Roope, Minneapolis. Former South Carolina Senator Fritz Hollings has died. Hollings often talked about the pervasive burden of raising money. Just to stay in office. Come on I had to raise eight and a half million thirty thousand dollars a week each week every week for six years, but that's all we do is raise money hauling served. Six terms in the Senate Hollings was ninety seven years old. I'm Evan Haning. And I'm Susanna Palmer from Bloomberg world headquarters Deutsche Bank is moving to reassure US. Investors and customers the German Bank said restructuring its US investment Bank hasn't been part of its talks to acquire Commerce Bank. Those talks have intensified in recent days, top US executives at Deutsche Bank, told employees that the Bank and management are firmly committed to argue S franchise that according to an internal memo seen by Bloomberg lift sent a letter to Morgan Stanley threatening litigation against the firm and accusing it of supporting short-selling for investors who are subject to lockup agreements. CNBC says it reviewed a copy of the letter which was sent to Morgan Stanley April second citing sources CNBC says lift asked Morgan Stanley to say on record that they did not create a short product for pre IPO investors. China's state run chinois news agency reports China and the US. Have made progress toward a much anticipated trade deal in their latest meetings and fell keep talking on the remaining issues high level US and Chinese officials met in Washington over the past few days hard on the heels of discussions in Beijing, the previous week BMW says it's likely to take charge exceeding one point one billion dollars this related to the European Union's investigation into German automakers allegedly colluding to delay the rollout of cleaner emission cars. Bloomberg's Charlie Pellett reports. According to a statement BMW said the provision will drag on first quarter financial results and reduce automotive profit margins is here to as low as four and a half percent BMW has said, it's contesting the allegations quote with all legal means. But that it's possible. The European Commission will issue a significant fine. Global news twenty four hours a day on air and at ticked up on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm. I'm Susanna Palmer. This is Bloomberg. You're.

US Bloomberg Senator Fritz Hollings Virginia Deutsche Bank Auburn Susanna Palmer BMW Morgan Stanley Minneapolis Commerce Bank Michigan US investment Bank German Bank CNBC Bloomberg world Jin Yu China Tony Bennett Twitter
"german bank" Discussed on KNST AM 790

KNST AM 790

04:30 min | 3 years ago

"german bank" Discussed on KNST AM 790

"Four thirty two years ago. He was treated like VIP and shown around Russia's capital city that trip turns all Trump into a megaphone for Kremlin propaganda says the San Francisco Chronicle only several weeks after that trip. Trump ran full-page ads in the Boston Globe, the New York Times and the Washington Post calling for an effect the dismantling of the western alliance. What Vladimir Putin's rings up more than anything else alive that may have begun President Trump's reforms is a Russian asset. Okay. But, but if any of that was in the report, then then, you know, we would they would be more indictments, right? So if if what you just said, it was true, there wouldn't necessarily be more indictments because the only crime here would be under the ammonia moments cost. But there's more this kicked off Trump's Russian fixation and not long after the first Russian trip. Donald Trump began his plan for Trump Tower in Moscow one hundred story building that'll will be the tallest building in Europe. And in two thousand thirteen Trump took as Miss Universe pageant to Moscow and beg for attention. From bladder Putin. The crucial year for the pupils influence for Putin's influence over Donald Trump was two thousand eight the year the great recession when we were all threatened with unemployment and the destruction of our savings. Donald Trump had gone through between four and six bankruptcies, depending on who's counting over six hundred and ninety million dollars and was about to lose everything. No Bank would lend a penny to anyone not even to the rest clients. It was the great recession, but one of the banks that Donald Trump had stiffed was the German Bank Deutsche Bank. In fact, Trump was in a hot and heavy lawsuit with Deutsche Bank. He tried to get his debt to the Bank nullified by choosing. The Bank of starting the rate recession of two thousand and eight yet torture Bank reached out and caught Donald Trump before he could fall it loaned Trump two billion dollars. Why now have been something to do with the crime for which torture Bank would later be punished with a six hundred thirty million dollar fine. Could it be because Deutsche Bank laundered ten billion dollars for Vladimir? Could it be that two billion dollars of this laundry? Putin money went to bail out Donald Trump. Okay report. Tell us anything about these things. Well, but see that what you described there right with for a prosecutor was seemingly would be low hanging fruit. Right. That seems like that would be the easiest thing to prove exactly like to quote, John Curtis a moment ago, the you can easily connect the dots. If that were true, then all of that would just be that would lead up to more indictments so crime. The joint your Bank has loaned. Donald Trump a real estate magnet money. Donald trump. A real estate mogul has borrowed money. Bankruptcy is common. In among real estate, developers is just goes with the field. This is all before Donald Trump was president. And so where is where's the crime? Well, that's it. Wouldn't that? Be exactly what John Curtis is asking is. Where's the crime didn't happen? So there's no crime, except there's Russian Donald Trump is if this scenario is correct. And I may not be, but if it is correct than Donald Trump is the biggest man Shourie and candidate in the history of modern west. Well, you know, people throw around things like Manchurian candidate because it's very sexy. And for the same reason that I know that this is something which got said about Barack Obama, and we never ever be likes to talk in terms of like, you know, movie analogies. I don't know that we really have enough evidence yet what you will. Wait, we will all have to wait until the contents of the Miller report comes out, and it does seem like as as others have pointed out. It does seem like this is a time. When a lot of people on the right? Get to say, I told you. So are you not willing to allow them to say, I told you so yes, there's going to be a furious fight for the next possibly year over to reveal or not to reveal the details of what's in the Miller report. And until we see those details, we don't have a clue. Well, what if they just released everything right up front because that's what President Trump has been asking for recently. Just let the whole thing out. And I think that a lot of people say be fabulous or catastrophic right? Nobody wants nobody. Even the Democratic.

Donald Trump German Bank Deutsche Bank Trump Tower Trump Vladimir Putin president John Curtis Russia San Francisco Chronicle Moscow Kremlin Boston Barack Obama New York Times Europe Washington Post Miller prosecutor
"german bank" Discussed on KTOK

KTOK

04:23 min | 3 years ago

"german bank" Discussed on KTOK

"For Kremlin propaganda. Says the San Francisco Chronicle only several weeks after that trip. Trump ran full page ads in the Boston Globe, the New York Times and the Washington Post calling for an effect the dismantling of the western alliance. What we want to recruit dreams up more than anything else in life that may have begun President Trump's reforms is a Russian asset. Okay. But, but if any of that was in the report, then then, you know, we would they would be more indictments, right? So if what you just said was true, there wouldn't necessarily be more indictments because the only crime here would be under the emoluments clause. But there's more this kicked off Trump's Russian fixation and not long after the first Russian trip. Donald Trump began his plan for Trump Tower in Moscow, one hundred story building that will be the tallest building in Europe. And in two thousand thirteen Trump took as Miss Universe pageant to Moscow and beg for attention from Vladimir Putin, but the crucial year for the Putin's influence for Putin's influence over Donald Trump was two thousand eight year the great recession when we were all threatened with unemployment. And the destruction of our savings. Donald Trump had gone through between four and six bankruptcies, depending on who's counting he owed over six hundred and ninety million dollars and was about to lose everything. No Bank would lend a penny to anyone not even to their clients. It was the great recession, but one of the banks of Donald Trump had stiffed was the German Bank Deutsche Bank. In fact, Trump was in a hot and heavy lawsuit with Dr Bank. He tried to get his debt to the Bank nullified by choosing. The Bank of starting the rate recession of two thousand and eight yet Deutsche Bank reached out and caught Donald Trump before he could fall it loaned Trump two billion dollars. Why? Now credited been something to do with the crime for which torture Bank would later be punished with a six hundred thirty million dollar fine. Could it be because Deutsche Bank laundered ten billion dollars for Vladimir Putin? Could it be that two billion dollars this laundry? Putin money went to bail out Donald Trump. Okay. Report tell us anything about these things. Well, but see that if what you described there right with for a prosecutor was seemingly would be low hanging fruit that seems like that would be the easiest thing to prove exactly like, you know, to quote, John Curtis a moment ago. You know, you can easily connect the dots. If that were true, then all of that would be that would libra up two more indictments. So. The joint your Bank has loaned. Donald Trump a real estate magnet money. Donald trump. A real estate mogul has borrowed money. Bankruptcy is common. In among real estate, developers is just goes with the field. This is all before Donald Trump was president. And so where is where is the crime? Well, that's it. Wouldn't that? Be exactly what John Curtis is asking is. Where's the crime the crime didn't happen? So there's no crime, except there's Russian Donald Trump is I if this scenario is correct at a may not be. But if it is correct than Donald Trump is the biggest Manchurian candidate in the history of the modern west. Well, you know, people throw around things like Manchurian candidate because it's very sexy. And for the same reason that I know that this is something which got said about Barack Obama, and we never ever be likes to talk in terms of like movie analogies. I don't know that we really have enough evidence yet what you will. Wait. We will all have to wait until the contents of the mullahs report comes out, and it does seem like as as others appointed out. It does seem like this is a time. When a lot of people on the right? Get to say, I told you. So are you not willing to allow them to say, I told you so yes, there's going to be a furious fight for the next possibly year over to reveal or not to reveal the details of what's in the Miller report. And until we see those details, we don't have a clue. Well, what if they just released everything right up front because that's what President Trump has been asking for recently. Just let the whole thing out. And I think that a lot of people will be fabulous or catastrophic right? Nobody wants nobody. Even the Democratic Congress.

Donald Trump German Bank Deutsche Bank Trump Tower Vladimir Putin president San Francisco Chronicle John Curtis Boston Democratic Congress Barack Obama New York Times Europe Washington Post Moscow Miller prosecutor mullahs two billion dollars
"german bank" Discussed on KFI AM 640

KFI AM 640

04:08 min | 3 years ago

"german bank" Discussed on KFI AM 640

"Whatever Putin's rings up more than anything else in life. That may have begun President Trump's reforms is rushing asset. Okay. But, but if any of that was in the report, then then, you know, we would they would be more indictments, right? So if if what you just said, it was true. There wouldn't necessarily be more indictments because the only crime here would be under the emoluments clause. But there's more this kicked off Trump's rushing fixation and not long after the first Russian trip. Donald Trump began his plan for Trump Tower in Moscow one hundred story building that'll be the tallest building in Europe. And in two thousand thirteen Trump took as Miss Universe pageant to Moscow and beg for attention from Putin. But the crucial year for the Putin's influence for Putin's influence over Donald Trump was two thousand and eight year, the great recession we were all threatened with unemployment and the destruction of our savings. Donald Trump is going through between four and six bankruptcies, depending on who's counting he owed over six hundred and ninety million dollars and was about to lose everything. No Bank would lend a penny to anyone not even to the rest clients. It was the great recession, but one of the banks of Donald Trump had stiffed was the German Bank Deutsche Bank. In fact, Trump was in a hot and heavy lawsuit with Deutsche Bank. He tried to get his debt to the Bank nullified by choosing the. Bank of starting to rate recession of two thousand eight yet Deutsche Bank reached out and caught Donald Trump before he could fall it loaned Trump two billion dollars. Why now have been something to do with the crime for which torture Bank would later be punished with six hundred thirty million dollar fine. Could it be because George Bank laundered ten billion dollars for Vladimir Putin? Could it be that two billion dollars of this longer? Putin money went to bail out Donald Trump. Okay. Report tell us anything about these things. But see that if what you described there right with a prosecutor was seemingly would be low hanging fruit. Right. That seems like that would be the easiest thing to prove exactly like, you know, to quote, John Curtis a moment ago, the you can easily connect the dots. If that were true, then all of that would just be that would lead up to more indictments. So. The Georgia Bank has loaned Donald Trump a real estate magnate money. Donald Trump a real estate mogul has borrowed money. Bankruptcy is common. In among real estate, developers is just goes with the field. This is all before Donald Trump was president. And so where is where the crime? Well. That's it. Wouldn't that? Be exactly what John Curtis is asking is. Where's the crime didn't happen? So there's no crime, except there's Russian Donald Trump is if this scenario is correct at may not be, but if it is correct than Donald Trump is the biggest Manchurian candidate in the history of modern west. Well, you know, people throw around things like Manchurian candidate because it's very sexy. And for the same reason that you know, I know that this is something which got said about Barack Obama, and we'd never ever be likes to talk in terms of like, you know, movie analogies. I don't know that we really have enough evidence yet what you will. Wait, we will all have to wait until the contents of the mullahs report comes out, and it does seem like as as others have pointed out. It does seem like this is a time. When a lot of people on the right? Get to say, I told you. So are you not willing to allow them to say, I told you so yes, there's going to be a furious fight for the next possibly year over to reveal or not to reveal the details of what's in the Miller report. And until we see those details, we don't have a clue. Well, what if they just released everything right up front because that's what President Trump has been asking for recently. Just let the whole thing out. And and I think that a lot of people be fabulous or catastrophic. Right. Nobody wants nobody. Even the democratic head.

Donald Trump German Bank Deutsche Bank Trump Tower Vladimir Putin president Deutsche Bank George Bank Georgia Bank John Curtis Moscow Barack Obama Europe mullahs prosecutor Miller two billion dollars six hundred thirty million dol ninety million dollars
"german bank" Discussed on KFI AM 640

KFI AM 640

04:51 min | 3 years ago

"german bank" Discussed on KFI AM 640

"You can find it online. It looks insanely credible. It says among other things that the Russians have been trying to turn Donald Trump into what Moscow calls a quote useful idiots close quote since at least two thousand eight now remember Donald Trump was flown with his wife on an all expense paid trip to Moscow by the Russian government in nineteen eighty seven four thirty two years ago. He was treated like VIP and shown around Russia's capital city that trip turns out Trump into a megaphone for Kremlin propaganda. So the San Francisco Chronicle only several weeks after that trip. Trump ran full-page the Boston Globe, the New York Times and the Washington Post calling for an effect the dismantling of the western alliance. What Vladimir Putin's rings up more than anything else life that may have begun President Trump's reforms as a rushing asset. Okay. But, but if any of that was in the report, then then, you know, we would they would be more indictments, right? So if what you just said was true there wouldn't necessarily worn diagnose because the only crime here would be under the. Emoluments clause. But there's more this kicked off Trump's rushing fixation and not long after the first Russian trip. Donald Trump began his plan for Trump Tower in Moscow, one hundred story building there will be the tallest building in Europe. And in two thousand thirteen Trump took as Miss Universe pageant to Moscow and beg for attention from bladder Putin. But the crucial year for the pupils influence for Putin's influence over Donald Trump was two thousand eight the year the great recession when we were all threatened with unemployment and the destruction of our savings. Donald Trump had gone through between four and six bankruptcies, depending on who's counting he owed over six hundred and ninety million dollars and was about to lose everything. No Bank would lend a penny to anyone not even to the rest clients. It was the great recession, but one of the banks that Donald Trump had stiffed was the German Bank Deutsche Bank. In fact, Trump was in a hot and heavy lawsuit with Deutsche Bank. He tried to get his debt to the Bank nullified by choosing. The Bank of starting the rate recession of two thousand and eight yet torture Bank reached. Out and caught Donald Trump before he could fall it loaned Trump two billion dollars. Why now have been something to do with the crime for which torture Bank would later be punished with a six hundred thirty million dollar fine. Could it be because Georgia Bank laundered ten billion dollars for Vladimir Putin? Could it be that two billion dollars for this laundry? Putin money went to bail out Donald Trump. Okay. Tell us anything about these things. But if what you described there right with a prosecutor with seemingly would be low hanging fruit. Right. That seems like that would be the easiest thing to prove exactly like, you know, t to quote, John Curtis a moment ago. The you know, you can easily connect the dots. If that were true, then all of that would just be that would lead up to more indictments. So. The Georgia Bank has loaned Donald Trump a real estate magnate money. Donald Trump a real estate mogul has borrowed money. Bankruptcy is common. In among real estate, developers is just goes with the field all before Donald Trump was president. And so we're is where's the crime? Well, that's wouldn't that be exactly what John Curtis is asking is. Where's the crime didn't happen? So there's no crime, except there's Russian Donald Trump is if this scenario is correct. And it may not be. But if it is correct than Donald Trump is the biggest Manchurian candidate in the history of the modern west. Well, you know, the people throw around things like Manchurian candidate because it's very sexy. And for the same reason that you know, I know that this is something which got said about Barack Obama, and we'd never ever be likes to talk in terms of like, you know, movie analogies. I don't know that we really have enough evidence yet what you will wait we will all have to wait until the contents of the mullahs report comes out, and it does seem like as as others have pointed out. It does seem like this is a time. When a lot of people on the right? Get to say, I told you. So are you not willing to allow them to say, I told you? So there's going to be a furious fight for the next possibly year over to reveal or not to reveal the details of what's in the Miller report. And until we see those details, we don't have a clue. Well, what if they just released everything right up front because that's what President Trump has been asking for recently. Let the whole thing out. And I think that a lot of people fabulous or catastrophic right? Nobody wants nobody even the democratic.

Donald Trump Trump Tower German Bank Deutsche Bank Vladimir Putin Moscow Georgia Bank president Bank John Curtis San Francisco Chronicle Russia Russian government Boston Barack Obama New York Times Europe Washington Post Miller
"german bank" Discussed on NewsRadio KFBK

NewsRadio KFBK

04:23 min | 3 years ago

"german bank" Discussed on NewsRadio KFBK

"Out Trump into a megaphone for Kremlin propaganda says the San Francisco Chronicle only seven weeks after that trip. Trump ran full page ads in the Boston Globe, the New York Times and the Washington Post calling for an effect the dismantling of the western alliance. What? Putin's rings up more than anything else in life that may have begun President Trump's reforms as a Russian asset. Okay. But, but if any of that was in the report, then then, you know, we would they would be more indictments, right? So if what you just said was true, there wouldn't necessarily be more indictments because the only crime here would be under the emoluments clause. But there's more this kicked off Trump's Russian fixation and not long after the first Russian trip. Donald Trump began his plan for Trump Tower in Moscow one hundred story building that'll be the tallest building in Europe. And in two thousand thirteen Trump took as Miss Universe pageant to Moscow and beg for tension from Vladimir Putin, but the crucial year for the Putin's influence for Putin's influence over Donald Trump was two thousand eight year, the great recession when we were all threatened with unemployment and the destruction of our savings. Donald Trump had gone through between four and six bankruptcies, depending on who's counting he owed over six hundred and ninety million dollars and was about to lose everything. No. Bank would lend a penny to anyone not even to the rest clients. It was the great recession, but one of the banks that Donald Trump had stiffed was the German Bank. Joyce your Bank. In fact, Trump was in a hot and heavy lawsuit with Deutsche Bank. He tried to get his debt to the Bank nullified by choosing. The Bank of starting the rate recession of two thousand and eight yet Georgia Bank reached out and Donald Trump before he could fall it loaned Trump two billion dollars. Why now have been something to do with the crime for which torture Bank would later be punished with a six hundred thirty million dollar fine. Could it be because Deutsche Bank laundered ten billion dollars for Vladimir Putin? Could it be that two billion dollars for this laundry? Putin money went to bail out Donald Trump. Okay. Report tell us anything about these things. Well, but see that if what you described there right with a prosecutor with seemingly would be low hanging fruit. Right. That seems like that would be the easiest thing to prove exactly like, you know, to quote, John Curtis a moment ago, you could easily connect the dots. If that were true, then all of that would be that would lead up to more indictments. So you. The deutchebanks has loaned Donald Trump a real estate magnate money. Donald Trump a real estate mogul has borrowed money. Bankruptcy is common. In among real estate, developers is just goes with the field. This is all before Donald Trump was president. And so where is where is the crime? Well, I wouldn't that be exactly what John Curtis is asking is. Where's the crime? Didn't happen. So there's no crime, except there's Russian Donald Trump is if this scenario is correct, it may not be. But if it is correct than Donald Trump is the biggest Manchurian candidate in the history of modern west. Well, you know, the people throw around things like Manchurian candidate because it's very sexy. And for the same reason that I know that this is something which got said about Barack Obama, and we'd never ever be likes to talk in terms of like, you know, movie analogies. I don't know that we really have enough evidence yet what you will. Wait, we will all have to wait until the contents of the mullahs report comes out, and it does seem like as as others appointed out. It does seem like this time. When a lot of people on the right? Get to say, I told you. So are you not willing to allow them to say, I told you? So there's going to be a furious fight for the next possibly year over to reveal or not to reveal the details of what's in the Miller report. And until we see those details, we don't have a clue. Well, what if they just released everything right up front because that's what President Trump has been asking for recently is just let the whole thing out. And I think that a lot of people fabulous or catastrophic right? Nobody wants nobody even. The democratic.

Donald Trump Trump Trump Tower Vladimir Putin Deutsche Bank president John Curtis German Bank Georgia Bank San Francisco Chronicle Boston Kremlin Barack Obama New York Times Washington Post Europe Moscow prosecutor
"german bank" Discussed on KLIF 570 AM

KLIF 570 AM

03:08 min | 3 years ago

"german bank" Discussed on KLIF 570 AM

"No Bank would lend a penny to anyone not even to their best clients. It was the great recession, but one of the banks that Donald Trump had stiffed was the German Bank Deutsche Bank. In fact, Trump was in a hot and heavy loss with Dr Bank. He tried to get his debt to the Bank nullified by choosing. The Bank of starting to rate recession of two thousand eight yet Deutsche Bank reach. Reached out and caught Donald Trump before he could fall it loaned Trump two billion dollars. Why now have been something to do with the crime for which torture Bank would later be punished with a six hundred thirty million dollar fine. Could it be because Deutsche Bank laundered ten billion dollars for could it be that two billion dollars for this longer? Putin money went to bail out Donald Trump. Okay. Tell us anything about these things. Well, but see that if what you described there right with for a prosecutor with seemingly would be low hanging fruit. Right. That seems like that would be the easiest thing to prove exactly like, you know. To quote, John Curtis a moment ago, the you know, you can easily connect the dots. If that were true, then all of that would just be that would lead up to more indictments crime. The joint your Bank has loaned. Donald Trump a real estate magnates. Money. Donald Trump a real estate mogul has borrowed money. Bankruptcy is common. In real estate, developers is just goes with the field. This is all before Donald Trump was president. And so where is where is the crime? Well, I wouldn't that be exactly what John Curtis is asking is. Where's the crime the crime didn't happen? So there's no crime, except there's Russian Donald Trump is if this scenario is correct at may not be, but if it is correct than Donald Trump is the biggest Manchurian candidate and the history of the modern west. Well, you know, the people throw around things like Manchurian candidate because it's very sexy. And for the same reason that I know that this is something which got said about Barack Obama, and we never ever be likes to talk in terms of like movie analogies. I don't know that we really have enough evidence yet what you will. Wait. We will all have to wait until the contents of the mullahs report comes out, and it does seem like as as others have pointed out. It does seem like this is a time. When a lot of people on the right? Get to say, I told you. So are you not willing to allow them to say, I told you so yeah, there's going to be a furious fight for the next possibly year over to reveal or not to reveal the details of what's in the Miller report. And until we see those details, we don't have a clue. Well, what if they just released everything right up front because that's what President Trump has been asking for recently is just let the whole thing out. And and I think that a lot of people be fabulous or catastrophic. Right. Nobody wants nobody. Even the Democratic.

Donald Trump German Bank Deutsche Bank Deutsche Bank John Curtis president Barack Obama Putin mullahs prosecutor Miller two billion dollars six hundred thirty million dol ten billion dollars
"german bank" Discussed on KLBJ 590AM

KLBJ 590AM

04:18 min | 3 years ago

"german bank" Discussed on KLBJ 590AM

"Seven weeks after that trip. Trump ran full page ads in the Boston Globe, the New York Times and the Washington Post calling for an effect the dismantling of the western alliance. What Vladimir Putin's rings up more than anything else life that may have begun President Trump's reforms as a Russian asset. Okay. But but if any of that was in the report, then then. You know, we would they would be more indictments. Right. So what you just said it was true early there wouldn't necessarily be more indictments because the only crime here would be under the emoluments clause. But there's more this kicked off Trump's Russian fixation and not long after the first Russian trip. Donald Trump the Anna's plan for Trump Tower in Moscow one hundred story building that will be the tallest building in Europe. And in two thousand thirteen Trump took as Miss Universe pageant to Moscow and beg for attention from Baltimore Putin. But the crucial year for the pupils influence Putin's influence over Donald Trump was two thousand and eight year the great recession while you were all threatened with unemployment and the destruction of our savings. Donald Trump had gone through between four and six bankruptcies, depending on who's counting he owed over six hundred and ninety million dollars and was about to lose everything. No Bank would lend a penny to anyone not even to the rest clients. It was the great recession, but one of the banks Donald Trump had stiff was the German Bank Deutsche Bank. In fact, Trump was in a hot and heavy loss with. Archer bank. He tried to get his debt to the Bank nullified by choosing. The Bank of starting the recession of two thousand and eight yet torture Bank reached out and Donald Trump before he could fall it loaned Trump two billion dollars. Why? Now credited been something to do with the crime for which torture Bank would later be punished with six hundred thirty million dollar fine. Could it be because Deutsche Bank laundered ten billion dollars for let them Republican? Could it be that two billion dollars of this longer? Putin money went to bail out Donald Trump. Okay. Report tell us anything about these things. Well, see that what you described there. Right with the prosecutor was seemingly would be low hanging fruit. That seems like that would be the easiest thing to prove exactly like. To quote, John Curtis a moment ago, you could easily connect the dots. If that were true, then all of that would just be that would leave up to more indictments. The Deutsche Bank has loaned Donald Trump a real estate magnate money. Donald Trump a real estate mogul has borrowed money. Bankruptcy is common. In among real estate, developers is just goes with the field. This is all before Donald Trump was president. And so where is where is the crime? Well, I wouldn't that be exactly what John Curtis is asking is. Where's the crime didn't happen? So there's no crime, except there's Russian Donald Trump is if this scenario is correct. And I may not be, but if it is correct than Donald Trump is the biggest man Shourie in candidate and the history of the modern west. Well, you know, people throw around things like Manchurian candidate because it's very sexy. And for the same reason that you know, I know that this is something which got said about Barack Obama ever be likes to talk in terms of like, you know, movie analogies. I don't know that we really have enough evidence yet what you will. Wait, we will all have to wait until the contents of the mother report comes out, and it does seem like as as others have pointed out. It does seem like this is a time. When a lot of people on the right? Get to say, I told you. So are you not willing to allow them to say, I told you? So there's gonna be a furious fight for the next possibly year over to reveal or not to reveal the details of what's in the Miller report. And until we see those details, we don't have a clue. Well, what if they just released everything right up front because that's what President Trump has been asking for recently, let the whole thing out. And I think that a lot of people's every fabulous or catastrophic right? Nobody wants an nobody even the democratic had.

Donald Trump German Bank Deutsche Bank Trump Tower Vladimir Putin president John Curtis Moscow Boston New York Times Washington Post Europe Barack Obama prosecutor Miller Anna two billion dollars six hundred thirty million dol ninety million dollars
Enabling Startups To Give Investors the Information They Want

The Tech Blog Writer Podcast - Inspired Tech Startup Stories

06:16 min | 3 years ago

Enabling Startups To Give Investors the Information They Want

"Cover an incredibly important topic for startup founders and entrepreneurs because is harder than ever for incubators accelerators to get their portfolio companies funded. Why because investors are demanding and want to see the numbers behind the story and often includes revenue projections customer acquisition costs lifetime value projections, and how they interact with each other not to mention the assumptions behind those projections. So as a result portfolio companies often fail miserably and understanding presenting and backing up such numbers for that investors, which brings me onto the problem. How do you get funded now typically less than? Twenty percent of portfolio companies are getting funded or receive follow on investments, and one of the major reasons for this is because they don't understand the metrics that matter essentially, we've got two different sides here talking completely different languages, and the startups don't know how to model their business to actually present it to investors boot this show is about solutions not problems. I hear you shattering down your phone. I get here you, and you all ROY. And that's why I've invited the guys from lean case onto the show today. Because lean case supports incubators accelerators receives private equity family offices and business angels to get their portfolio companies funded. I'm not going to give you all the answers in my intro. That's not how it works either. So book elope and hold on tight gang. So I can be meal is all the way to Germany, so we can speak. We'd Eckhart ought wine entrepreneur business model expert and founder at lean case. So massive warm. Welcome to the show. Can you tell the listeners about who you are? And what you do. Sure. Thanks a lot near first of all for having me on your show. And it's a great on. Really? I'm my name is fine. I found it an exit two companies the first one was a mobile payments company, which was acquired by Sybase SAP about ten years ago. The second one was excels is thought with a t from Easter L which was acquired by being identity about four years ago. I'm now working with Brian which is a French investment Bank as an adviser, emerges an equations, and we find investors bias of mainly software SaaS companies in the B two B space. I'm also a member of a digital advisory board of large German Bank, and I'm working as a partner in two smaller BC companies, but I can't really do without product. And that's why I started reading case understanding is linked case suppose. Incubators accelerators VC's private equity, family offices and business angels to just get their portfolio companies funded. So can you help anyone listening just hearing about you for the first time, but maybe saying the scene and telling them a little bit more about the kind of problems that you stole feel clients. A what makes you different from other solutions out there? Well in my different roles. I have experienced than I am experiencing the funding investment process from the startup and invest aside. And I believe when it comes to metrics numbers. This process is really completely broken. And actually, this is all not only show if he talked about startup investors is also true for if we talk about decision making in incorporates and decision makers about taking decisions about corporate projects. So I think one of the biggest challenges is that often the relevance of unit economics is completely ignored. So what is unit economics in this about answering? The simple question is the lifetime value of a customer significantly higher than the cost to acquire him. And this is super important question. When you and I've I've seen companies asking for money to scale that company, but the unit economics just warned right? And this is really wasting money so often this question is completely ignored. In any excel sheets when when it comes to business modeling and from the startup side. Business falling today. It is really about reinventing the wheel every time you develop an excel spreadsheet from scratch again, or do you try to find a suitable tabulate and instead of dealing with a business questions you'll have to take care about exit foreigners and most people on just throws in excel. And then we'll actually never be quite become one. And that is why many spreadsheets are simplified or full of areas. And I was lucky in one situation that I had a great model. But even if you have a great model, you don't have any clue about riverside benchmarks, and Ben it means garbage into a great models also garbage out, and you can also look at it from the investor sausage. I'm from the investor side investors for they they often receive ten next spreadsheets and eight of them are really to simplified and almost ROY throughout opening them. And the ninth one is completely over engineered. And and the tenth one is a good one. But even if you if you said this. Quality issue aside, if if you had ten grade malls as an investor you cannot compare them they all using different structures. They use different definitions and formulas and do the time to understand them. And check if they walk, right? I'm in how as a method do you ever want to gain insights learn and with this kind of structure an s this is tech show. We do have lost also founders listening as well. I've got to ask I mean, we'll kind of technology road is technology play in your business link case technology is really important for us at lean case, I'm and because we want to come up with a standard set of templates and business models that would cover more than eighty percent of all the business cases, which are too big deduct. I'm and this is why lean case has to be very flexible platform, we have built into the platform modeling and calculation layer. And in the future users will be able to inject new models even almost on the fly. And currently we are at a point where we can add new models. Even specific for customers and make them reusable in a few days, and that is already much faster than they you can create a new exit model from scratch.

Founder Germany Eckhart French Investment Bank Sybase Sap Brian Advisory Board German Bank BEN Partner Twenty Percent Eighty Percent Four Years Ten Years
"german bank" Discussed on KCRW

KCRW

04:55 min | 3 years ago

"german bank" Discussed on KCRW

"To have your long everybody, we begin today with some metallurgy and some national security trade policy specifically section two thirty two of the trade expansion act of nineteen sixty two as amended there's a lot in that sense. So let me explain the aforementioned section to thirty two lets the president impose tariffs at his discretion on certain imports that he or eventually she decides are essential to national security, which is to say American national security demands this country have its own industries in the tariff items make sense. All right. That is the legal grounding for the president's tariffs last year on steel aluminum section to thirty two now to the metallurgy. The Commerce Department says under section two thirty two it's looking into putting tariffs on imports of something called titanium sponge except this time it's not act. At the behest of the White House. It's a company called tie met. That's doing the asking the only manufacturer of titanium sponge in the United States. Workplaces Marielle cigar takes it from there. Titanium sponge is a raw form of titanium that's used in a lot of military equipment helicopter, blades jet, airframes and engines tank armor, Jennifer Hillman, teaches at Georgetown law the companies that make those things imports sixty percent of the titanium they need from other countries and met again, the only company in the US that makes titanium sponge is arguing because it's used in all of these military applications that that is an essence a threat to the national security of the United States, if a Commerce Department agrees, the president could impose tariffs on titanium imports, but Barent Jansen a trade lawyer at Aitken Gump says there's bound to be some pushback for one thing the US gets most of its Taytay neom from Japan and Japan, of course, is one of the closest military allies of the United States tie argument is a little different from the one. The Trump administration used to justify tariffs on imported steel aluminum. In those cases, the administration said the country needs healthy steel and aluminum sectors to have a strong economy. Johnson says that's a controversial reading of the law. What we're seeing? Now really is a is a stretching of the statutory concept of national security to include economic security. In other words, he says the administration has been using the national security argument as an economic policy tool. I'm Mariel Sarah for marketplace. Just because you can never have enough trade. All right that's bit tongue in cheek. But the news is the news. There is a meeting in Washington tomorrow with the European Union trade delegation and American officials about cars nominally in the Trump administration's demand that the EU cut its tariffs on American vehicles. As happen often times with trade, though, things have gotten messy as marketplace's Stephen beard reports from the European desk in London. These talks should be easy. Unlike China, the EU is not a geostrategic rival for the US. And it hasn't been ripping off American technology. The spat of the call tariffs could be settled fast says Daniel gross of the center of a European policy. Studies you could recuse it's high tariffs on cars. The US a little bit on trucks and then both sides could claim victory at four hundred. We're only about cars, there wouldn't be really a problem. The problem is it's also about farm produce like chlorine wash chicken and hormone-treated beef the US wants to sell the stuff in Europe. But analyst Peter Clapp says your stomach that because of protectionism and consumer irrationality. There's this irrational fear about American food. Nobody seems to notice that Americans are eating it. So it can't be the end of the world nevertheless, says hogwash meeting of the German Bank, berenberg this produce is political poison here. It would topple for instance, the German government if the government were to try to lower the German or European consumer protection stand up for certain agricultural goods, the US and the EU want to avoid a trade war. Professor Allen winters of Sussex university thinks they probably will. But it is quite a significant challenge. I think that we really could have a major bus stop. And that would be really serious for the Pac one and a quarter trillion dollars a year. This is by far the world's biggest trade relationship in London. I'm Stephen beard for marketplace. Wall Street today, flat flat, flat flat. We'll have the details. When we do the numbers. The oil industry in this economy is really a.

United States EU president Stephen beard Commerce Department Trump administration London Daniel gross White House Mariel Sarah Aitken Gump Pac Barent Jansen Johnson Europe Washington German Bank Jennifer Hillman
"german bank" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:38 min | 3 years ago

"german bank" Discussed on Bloomberg Radio New York

"Where HIV or age are shunned. I'm Christopher cruise. And I'm Susanna Palmer from Bloomberg world headquarters the World Trade Organization is poised to begin an investigation into president Donald Trump's tariffs on two hundred fifty billion dollars worth of Chinese goods tomorrow. The WTO will launch an inquiry into whether the US duties run afoul of a requirement that all WTO members. Give each other the same tariff treatment, a new round of trade talks between the US and China is set to begin on Wednesday. Venezuela scrapped its decision to sever diplomatic ties with the US stating that each country agreed to keep a so called interest section open in their respective Capitols interest section's, basically, operate like embassies. The governments have thirty days to reach an agreement that will establish those sections Bloomberg has learned to Deutsche Bank. We'll get a lifeline in the form of a commitment for additional investment from cutter this as the troubled German Bank tries to boost its finances, the timing and size of the investment aren't clear. I Bank spokesman had representatives of the Qatar investment authority that country sovereign wealth fund declined to comment. The Federal Reserve is front and center in the coming week. Bloomberg's Karen Moskow reports. The Federal Reserve open market committee is out with an interest rate decision on Wednesday chairman Jerome Powell will get a fresh chance to explain the central bank's policy stance when he speaks at a news conference following the announcement. No change is expected in a fed strategy Friday. We get the January employment report. It's also a busy week ahead for earnings of apple and Microsoft among those reporting Karen Moskow, Bloomberg radio..

Bloomberg US World Trade Organization Karen Moskow Bloomberg world Federal Reserve Deutsche Bank German Bank Christopher cruise I Bank Donald Trump Susanna Palmer Venezuela Jerome Powell apple Qatar president China chairman
"german bank" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:26 min | 3 years ago

"german bank" Discussed on Bloomberg Radio New York

"Ended with five people dead. Sheriff Jason art says they are totally focused on finding twenty one year old Dakota -tario correspondent Caley heart is watching developments authorities no longer believe he is in the vicinity of these five murders committed in Louisiana. They say they have reason to believe he's headed east towards Mississippi. Oh, my is it going to be cold this week? Storm prediction center. Meteorologist Richard bond will certainly current cold along the mid Atlantic up to the northeast, but through it worth being through at least Thursday or Friday morning. The best potential for record cold temperatures. Be staying in the west of the Appalachian twenty people are dead. One hundred eleven injured in a bombing at a packed Catholic cathedral on the southern Philippine island of Jolo among the dead, fifteen civilians and five soldiers one bomb exploded in or near the cathedral during mass. I'm christopher. Cruise and I'm Susanna Palmer from Bloomberg world headquarters. It's a big week for trade issues on Monday, the World Trade Organization is likely to begin an investigation into president Donald Trump's tariffs on two hundred fifty billion dollars worth of Chinese goods. A new round of trade talks between the US and China is set to begin on Wednesday. Tim, FOX group chief economist at Emirates NBD is optimistic but taking a long range view of those talks probably will be some form of deliver trade over merchandise trade between the US and China in some form, the greater uncertainty is what will happen over the intellectual property issues, the technology disputes, I think those are the areas which might last longer in terms of differences between the two sides, then as well as scrapped its decision to sever diplomatic ties with the US each country agreed to keep a so called interest section opened in their respective Capitols. The operator like embassies the countries have thirty days to set those up. Bloomberg has learned to deutchebanks. We'll get a lifeline in the form of a commitment for additional investment from cutter this as the troubled German Bank tries to boost its finances, the timing and the size of the investment aren't clear. The Federal Reserve open market committee is out with an interest rate decision on Wednesday chairman Jerome Powell will get a chance to explain the central bank's policy stance when he speaks at a news conference following the announcement. No change is expected in the feds strategy. Meantime, I big week for earnings sees apple Microsoft, Facebook, Caterpillar, Boeing, Lockheed, Martin and more all set.

Caley heart US World Trade Organization Jolo Sheriff Jason art Bloomberg world Bloomberg Dakota Emirates NBD Louisiana Donald Trump Federal Reserve Susanna Palmer Richard bond China Mississippi Lockheed Jerome Powell German Bank
"german bank" Discussed on The Lawfare Podcast

The Lawfare Podcast

03:59 min | 3 years ago

"german bank" Discussed on The Lawfare Podcast

"It's like one of the one of the things I tried to write about in the book, and is just sort of this interesting, psychological. Contrast between Trump and Muller Trump. I dunno a lost count. How many dozens of tweets in which he's called this a witch hunter accused Muller of having a team of Democrats over there. And he's fixated on it and talking about it. Incessantly Muller has yet to utter a single word since taking this job in public. It's just it's just a an astonishing thing. I mean, Trump loves to drag his adversaries out in the open pummel them in the clear glides, right and Muller gives him no surplus to grab onto Muller's just all all hitting just glancing blows. And it's pretty driving crazy. Yeah. I mean, that's exactly right. I mean, what could be more unnerving Trump than an adversary. Like that who won't engage with him on the in the way that he's most comfortable. So let's just talk. I three quarters. The first one is the significance of the house takeover by the Democrats. And what the Democrats are going to do. And how you think going forward that's going to impact from and the the Russia matter, broadly, speaking. Yeah. I mean, any thoughts on that? Well, I think that I I'm focused mostly on the house intelligence committee layers, lots of committees that are dying to dig into various aspects of the Trump administration the house intelligence committee. I think Adam Schiff, I think people, you know, he gets a lot of criticism of people think he's very partisan. He's also super smart. He's a former prosecutor he's very deliberate. And he is got a smart team. And I and I would be surprised if he makes any missteps I mean, you can read through transcripts of. His involvement in the interviews with the various Trump officials who have appeared before the committee while Devin Nunes was running and you can see Adam Schiff just running circles around them. And I think, you know, he's I know from talking to him and his staff that they're interested in areas that have not gotten a lot of attention. So far, they're interested in digging into Trump connections to Deutsche Bank, which of course, is this huge German Bank that has its own entanglements with Russian oligarchs. They are interested in getting people like Jared Kushner and Trump junior back before the committee to testify again in a completely different setting than when Devon Nunez was running the committee. I expect them to be aggressive, and I expect we will we will learn a great deal from what their efforts and yet the early returns to meet seems that Trump maybe civil this, but already his early clashes with Pelosi. It seems like he might enjoy it, and it some level. I mean, how do you think he'll? Spahn how conduct himself and reaction to what are going to be super aggressive super intrusive investigations. Yeah. I feel like, you know, we're in for a white knuckle ride that we the likes of which we've never really seen because Trump doesn't have the same regard for institutions that any president we've ever known including Nexen, right? I mean, Nixon in some ways was Reverend of American democracy and of its institutions compared to Trump. So what does the president to who has so little concern for the traditions of our government do an act when cornered and an I don't know how that's going to play out. But I imagine it could be it could be devastating in some ways. I just don't know where he would draw. What would he not do if it came to it to protect himself or his own or his? Interests. I really not much that he can imagine. Yeah. So the biggest issue. My last questions is the biggest issue. I think the huge the big picture. She raised by your book and the entire episode that you cover. Is whether the US government and.

Muller Trump prosecutor house intelligence committee Democrats Trump Trump administration Adam Schiff Pelosi president Devin Nunes US Jared Kushner Russia Nixon Devon Nunez German Bank Nexen Deutsche Bank three quarters
Judge Strikes Down Kentucky’s Medicaid Work Rules

The Norman Goldman Show

04:08 min | 4 years ago

Judge Strikes Down Kentucky’s Medicaid Work Rules

"Zero zero one i do have a second senior legal analyst topic for you in the next hour as well a federal district court judge has issued a nationwide injunction against donald trump's work requirements for people on medicaid now specifically it's it's about kentucky it's about kentucky because that's the first state that came up here but from what i can tell this looks like a nationwide injunction and that's becoming an issue but the the headline is and we'll get into more detail in the next hour the headline is is eddie federal district court judge bottom of the three layers has blocked the medicaid work requirement for people in kentucky who are on medicaid now the state can't say in exchange for your medicaid you've got to work right so a judge ruled that you know you can't do that you can't do it under these circumstances will get into that in the next hour so we've got two doses of senior legal analyst time but one of course with that spree court justice has launched a law as la law civics and politics in it and i want to get started with two stories today that i don't know maybe maybe our show is changing so that twitter is starting the drive the main stories here i always thought the big news was what was driving the stories here today we've got start in kind of a weird way and i gotta tell you kinda how would unfolded i spend a lot of time on twitter i trust you see me there at normangoldman on twitter it is me and is nobody with password the me so it's got to be me and i'm on facebook the norman goldman show on facebook and again it's me and so on social media today there was a whole lot of talk about a really weird story involving the just announced retirement of anthony kennedy now the corporate media doesn't really seem to be going after this story i think it's because of the mass murder yesterday that seems to be what's going on here is the corporate media seems to be just focused in on the mass murders yesterday in annapolis maryland and i have no quibble with that but when i started seeing this know there is some reporting on this as like wait a second this is like a real story needs it needs attention so here is the story as best i can suss it out all right here goes there was until just a couple of days ago i guess he's technically still there 'cause he's an is retirement doesn't take effect until the end of next month right and his last june but bonani kennedy spree court justice anthony kennedy will become former supreme court justice anthony kennedy like literally a month from now so technically still i guess on the payroll and getting all the benefits that you get when you were spree justice just federal employee by the way i mean your federal employee of a certain kind but anthony kennedy apparently has a child at least one child a son and the son of anthony kennedy spree court justice anthony kennedy is a banker and doesn't just work at any bank works at deutsche bank the german bank that gives money to donald trump when no other bank would so anthony kennedy supreme court justice for like the last ten years his son has worked in the exact unit that gave all this deutsche bank money in the union engagement that lent donald trump like a billion dollars when no other bank with any respectibility claims at all you know we'd go near donald trump so it was weird enough right and this is it's not new it's by the way you should know this should you kind of trigger your memory he say wait a second we know that's that's already been reported established that it's it's in the public record that donald trump's biggest creditor is deutsche bank and they've given him hundreds of millions in loans yes that information has been out for a long time there's nothing new by me telling you that and you can fact check your heart's desire you see the.

Donald Trump Analyst Billion Dollars Ten Years
Deutsche Bank fails Fed stress test while three U.S. lenders stumble

Morning Edition

02:55 min | 4 years ago

Deutsche Bank fails Fed stress test while three U.S. lenders stumble

"More at oh m a dot com from marketplace in new york i'm sabrina shore in for david brancaccio the majority of large us banks passed the feds annual stress test exam this is the test that the fed does to assess how a bank would fare under some kind of financial strain deutsche bank however failed entirely the fed said the german bank had widespread and critical deficiencies across its capital planning practices morgan stanley and goldman sachs did okay but the fed says they're not allowed to increase their dividends or stock buybacks voters in mexico go to the polls on sunday for nationwide elections to pick a new president members of congress regional and local leaders the front runner for president by a long shot is under manuel lopez obrador known by his initials anglo he promises to take the country in a very different direction from the more conservative government of current current president and wreak opinion yet oh marketplace's mitchell hartman reports huge crowds attended on omla's end of campaign rally this week in mexico city he's running on a platform of change to fight corruption and income inequality latin american studies professor marc jones at rice university says if i'm lewin's the us will face a different kind of leader the left wing populist who wants more status more government intervention and more aggressive relations with the united states monica duboley at the peterson institute is skeptical the new government will be so leftist given who i'm lose already tapped as possible cabinet members these are us trained economist most of them and they're all free traders they're all very supportive of nafta mexico's economy depends heavily on exporting manufactured goods to the us so any rise intentions over renegotiating nafta or migrant border crossings could hurt the mexican economy down the road i'm mitchell hartman for marketplace and let's take a look at the numbers this morning the footsie in london is up six tenths of a percent dow and nasdaq futures are up in the three to five tenths percent range with the dow future up one hundred and ten points the ten year treasury yield is two point eight five percent if you have ever tried to post an instagram video that has pretty much any music that's not your own you've probably found that instagram took it down due to copyright concerns well that might change for you tech crunch reports that thanks to facebook's deals with record labels deals that snapchat doesn't have by the way thousands of songs will be available to us on instagram as if you needed another reason to spend more time on marketplace morning report is supported by gunpowder and skies new film hearts beat loud nick offerman and cure see clemens starring a story about a father and daughter songwriting.

London Monica Duboley Lewin Professor Goldman Sachs Morgan Stanley Clemens Nick Offerman Facebook Instagram New York Mitchell Hartman Mexico Peterson Institute United States Rice University Marc Jones
Tom Busby, Cnbc and New York discussed on America in the Morning

America in the Morning

01:41 min | 4 years ago

Tom Busby, Cnbc and New York discussed on America in the Morning

"The nba and you tv expected to make some kind of announcement today about carrying games and here's a sure sign of a strong us economy the department of transportation says last year americans took a record nine hundred sixty five million airline flights up three and a half percent from a year before while the average price of regular grade gasoline shot up seven cents a gallon over the past two weeks to two dollars sixty six cents industry analyst trilby lundberg said the increase was primarily driven by rising crude oil prices facebook ceo mark zuckerberg has signed ads placed in a number of american and british newspapers saying the social media platform doesn't deserve to be entrusted with personal information if it can't protect it tom could this be another rocky week for facebook while the bad news for facebook over that data mining scandal linked to the trump presidential campaign not even close to being over on wall street last week shares down thirteen percent that means a lost about an eight eighth of its value so investors aren't happy also companies including tesla spacex the speaker maker sonos mazula that's the maker of the fire fox web browser and the german bank commerzbank all pulled their ads off their service or deleted their accounts and it took ceo mark zuckerberg at least three days to respond publicly to that scandal so a lot of people aren't happy about that and the company is facing investigations in britain israel several states including new york massachusetts and maybe oregon and of course in congress so look for a lot more misery for facebook in the week ahead cnbc's tom busby at twenty two after facebook notwithstanding there was a major.

Tom Busby Cnbc New York Britain Tesla CEO Analyst Department Of Transportation NBA Congress Oregon Massachusetts Israel Commerzbank Spacex Facebook