BNY Mellon, Warburg Group, Deutsche Bank to pay $60 mln in ‘cum-ex’ case
Bank of New York Mellon Corp, Germany’s Warburg Group and Deutsche Bank, will pay 60 million euros ($59.85 million) to German tax authorities over the country’s “cum-ex” tax scandal, the German lender said on Monday. “Cum-ex” refers to a scheme under which banks and investors would swiftly trade shares of companies around their dividend payout […]
BNY Mellon, Warburg Group, Deutsche Bank to pay $60 mln in ‘cum-ex’ case
Bank of New York Mellon Corp, Germany’s Warburg Group and Deutsche Bank, will pay 60 million euros ($59.85 million) to German tax authorities over the country’s “cum-ex” tax scandal, the German lender said on Monday. “Cum-ex” refers to a scheme under which banks and investors would swiftly trade shares of companies around their dividend payout […]