Tag Archives: financial crisis

Deutsche Bank CEO Christian Sewing Faces Lawsuit Over Monte dei Paschi Scandal

Christian Sewing testifying in court over Monte dei Paschi scandal

There’s a storm brewing in the financial world that you need to know about, as Deutsche Bank’s CEO Christian Sewing confronts a potentially devastating lawsuit in London. You’re about to witness five former employees taking unprecedented legal action against Sewing and the bank, seeking damages worth hundreds of millions over an internal audit he supervised. […]

Trump seems to think America needs a recession. Some people are still recovering from the last one

Trump seems to think America needs a recession
A recession may seem to you just another stage in the cycle of the economy, but it can have deep, even permanent, consequences for people and communities. As President Donald Trump suggests the need to sacrifice some of the economy’s gains in exchange for fighting the coronavirus, it’s worth remembering just what a toll the last recession [...]