Deutsche Bank’s logo at its HQ in Frankfurt. Photo: EPA Deutsche Bank’s logo at its HQ in Frankfurt. Photo: EPA
Deutsche Bank’s logo at its HQ in Frankfurt. Photo: EPA
Richard Harris
Opinion

Opinion

Macroscope by Richard Harris

Deutsche Bank’s DoJ punishment does not fit the crime

For an institution supposed to be providing an example of honest regulation, the US Department of Justice’s tactics smack of extortion

Deutsche Bank’s logo at its HQ in Frankfurt. Photo: EPA Deutsche Bank’s logo at its HQ in Frankfurt. Photo: EPA
Deutsche Bank’s logo at its HQ in Frankfurt. Photo: EPA
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Richard Harris

Richard Harris

Richard has pioneered Asian investment management at senior levels for companies such as JP Morgan, Citi, BNY Mellon and several start-ups. He has 40 years of experience in a full range of investment and capital markets activities. He is CEO of Port Shelter Investment Management.