Deutsche Bank shares rose after the U.S. Federal Reserve terminated a 2017 consent order. The Federal Reserve Board announced the end of the enforcement action on August 20, 2026.
The original order dated back to April 20, 2017, following a foreign exchange trading scandal from the early 2010s. Regulators initially imposed a $137 million fine for the bank's failure to prevent manipulation of currency interest rates.
The mandate required Deutsche Bank to implement stricter internal compliance and oversight measures. This termination marks the end of regulatory fallout for the bank, which was the final institution involved to have its order removed.