Deutsche Bank Audit Turns up Mismarked Deals

Deutsche Bank Audit Turns up Mismarked Deals

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the investigation into Monte Passkey and Deutsche Bank, focusing on how Deutsche Bank helped cover up losses and engaged in questionable accounting practices. Over 100 similar deals were found, raising concerns about the bank's valuation and the challenges faced by CEO John Cryan. The Justice Department's involvement and the unknowns in the bank's balance sheet are highlighted as significant issues.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns were raised about the transparency of Deutsche Bank's balance sheet?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What implications do the hidden complexities in Deutsche Bank's deals have for shareholders?

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