Replies to post #14149 on Great Basin Gold Ltd. (fka GBGLF)

[goldenpolarbear]

Deutsche Bank AG was dealt a fresh blow on Saturday when an Italian court charged the company, an employee and five former executives for colluding with Banca Monte dei Paschi di Siena SpA to falsify the Italian lender’s accounts in 2008.

Michele Faissola, who oversaw global rates at the time, and Ivor Dunbar, former co-head of global capital markets, were among those indicted in a Milan court. Both were top deputies to former Deutsche Bank co-chief executive officer Anshu Jain, and both have left the company.

Deutsche Bank has been trying to reassure investors and clients that it can withstand the financial strain of mounting legal bills. A U.S. Department of Justice request last month that the lender pay $14 billion to settle a case tied to mortgage-backed securities rattled confidence and drove its shares to record lows. CEO John Cryan had to defend the bank’s resilience after some hedge funds cut back their cash balances.

http://www.bloomberg.com/news/articles/2016-10-01/deutsche-bank-charged-over-paschi-accounts-as-legal-hits-mount
Walter Segsworth "...Great Basin ex-director Segsworth facing court case..."
"... The allegations are contained in a petition that Credit Suisse filed at the Vancouver courthouse..."
http://www.pressreader.com/canada/stockwatch-daily/20160831/281479275846850