Hong Kong Securities Regulator Imposes $3 Million Fine on Deutsche Bank
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 28 2025
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Source: Reuters
Deutsche Bank Fined: Deutsche Bank has been fined HK$23.8 million ($3.05 million) by Hong Kong's Securities and Futures Commission for various breaches from 2015 to 2023.
Nature of Violations: The violations included overcharging clients on management fees, incorrect product risk ratings, and failure to disclose investment banking relationships in research reports.
Self-Reporting and Resolution: The disciplinary action followed self-reports made by Deutsche Bank, which has since resolved the issues and improved its internal controls.
Financial Impact: The bank overcharged clients approximately $39 million in fees, with refunds issued to affected clients, while HSBC was also fined for similar disclosure failures.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
