24,306 followers   •   693 following   •   New York, USA   •   https://t.co/N25aPm7mqQ

Finance Editor @nytimes. Author of forthcoming DARK TOWERS on @DeutscheBank: https://t.co/gMdjrub0OG. 1st book: The Spider Network. david.enrich@nytimes.com

Latest Scoops

David Enrich
davidenrich
Logo
the deutsche epstein relationship continued into 2019 many years after epstein was identified as a sex offende
The Deutsche-Epstein relationship continued into 2019, many years after Epstein was identified as a sex offender. In recent months, with Epstein back in the public spotlight, Deutsche essentially fired him as a client. His accounts were shut down around May.
David Enrich
davidenrich
Logo
the epstein relationship was managed by deutsches private bank the same division that lent to deutsche complia
The Epstein relationship was managed by Deutsche’s private bank — the same division that lent to @realDonaldTrump. Deutsche compliance officers raised concerns about transactions Epstein’s company was doing, three sources told me. Bank managers overruled employees.
David Enrich
davidenrich
Logo
this is one nugget in a big story on epstein and the mirage of his wealth he doesnt appear to have been a bill
This is one nugget in a big story on Epstein and the mirage of his wealth. He doesn’t appear to have been a billionaire. with @JamesStewartNYT @MattGoldstein26 @KateKellyCNBC
David Enrich
davidenrich
Logo
exclusive had an extensive relationship with jeffrey epstein lending him money and providing trading services
Exclusive: @DeutscheBank had an extensive relationship with Jeffrey Epstein, lending him money and providing trading services — up until May 2019, when the bank cut him off.
David Enrich
davidenrich
Logo
oh look under yet another federal investigation this time for its role in the enormous 1mdb scandal in malaysi
Oh look, @DeutscheBank under yet another federal investigation — this time for its role in the enormous 1MDB scandal in Malaysia.
David Enrich
davidenrich
Logo
morgan stanley and ubs did pretty well by refocusing away from investment banking trading post crisis
Morgan Stanley and UBS did pretty well by refocusing away from investment banking/trading post-crisis.
David Enrich
davidenrich
this latest turnaround attempt would partly undo 20 years of acquisitions and will vastly reduce s presence in
This latest turnaround attempt would partly undo 20 years of acquisitions - and will vastly reduce @DeutscheBank's presence in the US.

The private-banking division that handles the @realDonaldTrump relationship will be among DB's handful of surviving US businesses.
David Enrich
davidenrich
Logo
new is putting the finishing touches on a last ditch effort to stop its downward spiral plans include shutting
NEW: @DeutscheBank is putting the finishing touches on a last-ditch effort to stop its downward spiral.

Plans include shutting large parts of its investment bank, shrinking its German retail bank and eliminating up to 20,000 jobs. with @KateKellyC
David Enrich
davidenrich
Logo
this is going to be ugly deutschebank is considering cutting up to 20000 jobs
This is going to be ugly. @DeutscheBank is considering cutting up to 20,000 jobs.
David Enrich
davidenrich
Logo
in 2015 an awful photo of a drowned 3 year old syrian boy galvanized countries to address europe s refugee cri
In 2015, an awful photo of a drowned 3-year-old Syrian boy galvanized countries to address Europe's refugee crisis. I wonder if this image will have a similar effect.

The Most Relevant

David Enrich
davidenrich
Logo
exclusive federal prosecutors and the are criminally investigating for money laundering lapses including its h
Exclusive: Federal prosecutors and the @FBI are criminally investigating @DeutscheBank for money-laundering lapses, including its handling of suspicious activity reports related to Jared Kushner’s company. with @benprotess @WRashbaum
David Enrich
davidenrich
Logo
1 chilean billionaire buys mansion in dc 2 he rents mansion to jared kushner and ivanka trump 3 the admin clea
1. Chilean billionaire buys mansion in DC.
2. He rents mansion to Jared Kushner and Ivanka Trump.
3. The @realDonaldTrump admin clears way for billionaire's controversial mining project. by @HirokoTabuchi @SteveEder
David Enrich
davidenrich
Logo
excellent story and another illustration of s willful blindness to financial and reputational risks surroundin
Excellent story -- and another illustration of @DeutscheBank's [willful?] blindness to financial and reputational risks surrounding the Trump and Kushner families.
David Enrich
davidenrich
Logo
students and teachers at a failed for profit college chain are getting stiffed the consultant in charge of win
Students and teachers at a failed for-profit college chain are getting stiffed. The consultant in charge of winding things down is getting millions — including reimbursements for airport spa treatments. by ⁦@EricaLG⁩ ⁦@StacyCowley⁩
Total(1) => 0.29564499855042 indM_4(2) => 0.0032000541687012 indM_5(2) => 0.0027852058410645 indM_6(2) => 0.0025477409362793 indM_7(2) => 0.0017480850219727 indM_8(2) => 0.0014059543609619 indM_9(2) => 0.014631986618042 indM_10(2) => 0.01571798324585 f_f_pTL(2) => 0.22573590278625 f_f_dT(20) => 0.22542810440063