Deutsche Bank AG hired Greg Kuppenheimer of Goldman Sachs Group Inc. as a managing director and co-head of equity structuring for North America, at least the third senior-level hire from its U.S. rival in two months.
Eric Ben-Artzi, a former quantitative risk analyst for Deutsche Bank AG, alleged that Europe’s biggest lender engaged in a multibillion-dollar securities violation. Deutsche Bank denied the allegation.
Deutsche Bank AG agreed to pay $1.6 million to end a dispute with the U.S., backing away from a showdown with the Federal Energy Regulatory Commission that said a unit of the bank manipulated California’s power markets.
Tobacco companies defeated a U.S. law forcing cigarette packaging and advertisements to display images such as diseased lungs, persuading a federal appeals court that the requirements violate their free speech rights.