
The Federal Reserve announced two enforcement actions against Deutsche Bank AG requiring the bank to pay a combined $156.6 million in civil money penalties: a $136.9 million fine for unsafe and unsound practices in the foreign exchange (FX) markets, as well as a $19.7 million fine for failure to maintain an adequate Volcker rule compliance program prior to March 30, 2016. For more info visit https://www.federalreserve.gov/newsevents/pressreleases/enforcement20170420a.htm