DEUTSCHE BANK AG
SoftBank to expand Vision Fund cuts to as many as 80 workersSoftBank’s businesses were battered early this year with the coronavirus outbreak and its stock tumbled.
- The pandemic’s long-term pain is just becoming clear to markets
An indisputable takeaway from the crisis is a massive expansion in global debt.
- India reopens economy, but millions of SME workers stay home
Apart from the labor shortages and slack demand, small businesses are living with the threat they’ll be shut down for several weeks if a si...
- Deutsche Bank boosts loans to cash-strapped tycoons in India
The NBFC crisis is creating new prospects for Deutsche Bank. Goldman Sach has been another beneficiary.
- Morgan Stanley, Goldman declare global recession is under way
Morgan Stanley’s team said a worldwide recession is now its “base case.”
- Deutsche Bank considers cutting bonus pool by as much as 20%
Germany’s largest lender may reduce discretionary compensation by as much as 20%, outpacing a 5% decline in the bank’s workforce this year,...
- Inflows from bond index entry depend on what it sells
India is hoping to lure billions of dollars by getting its bonds included in global indexes.
- Shadow lender Srei quits infrastructure, blaming ‘socialist’ India
Srei’s decision highlights the pain non-bank financiers are facing 17 months after the collapse of IL&FS.
- Deutsche Bank says it has Trump-related tax returns sought by Congress
The appellate judges had asked if the banks actually had the records. Deutsche Bank and Capital One declined to answer the question in open...
- Wall Street battles upstarts in hunt for Silicon Valley rich
Fourteen San Francisco-area companies that began trading publicly last year have raised more than $15 billion, led by Uber Inc.’s $8.1 bill...
- Deutsche Bank CEO invests 15% of monthly pay in bet on shares
The bank has yet to convince investors that it can meet goals for raising revenue in businesses it wants to keep.
- Banks set for biggest job cull since 2015 as Morgan Stanley cuts
Morgan Stanley is the latest firm to make a year-end efficiency push, cutting about 1,500 jobs.
- Deutsche Bank, reeling from global job cuts, is hiring in India
The ambitions for India reflect Deutsche Bank’s wider focus on retail banking and wealth management.
- 2019: The year stock traders became an endangered species
For a decade now, the number of stock traders has steadily declined.
- Deutsche Bank tells fixed income traders they'll keep jobs
The bank’s move to “resize” debt trading ops won’t lead to dismissals, fixed-income head Ram Nayak said.
- Deutsche Bank slashes 18,000 jobs in $8.3 billion overhaul
The scale of the revamp underscores the failure of the CEO and his recent predecessors to solve the fundamental problem: costs were too hig...
- Deutsche Bank ends merger talks with Commerzbank
For Commerzbank, still 15%-owned by the federal government, a foreign takeover may be in the cards down the road.
- Global investors may make a beeline for bad loans
"With the Essar Steel judgment out, it has now become easier for distress asset transactions to happen. Now, it needs to be seen how banks ...
- Deutsche Bank faces US investigation over work for Malaysia's 1MDB fund
Tim Leissner, another ex-Goldman executive who pleaded guilty last year for his role in the scandal, has been helping with the Deutsche Ban...
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