10/03/2016
Deutsche Bank to go ahead with planned 1,000 job cuts in Germany
Last October, its CEO had announced a plan to cut 9,000 jobs, which translates into nine percent of the global workforce.
Investment Banking
09/30/2016
Phoenix acquires Abbey Life in £935m deal
Abbey Life will add £10bn of assets under management to Phoenix’s Book
09/30/2016
German Officials Under Pressure to Rescue DB
The plunge took the broader market down as well.
09/29/2016
Deutsche Bank flogs Abbey Life to Phoenix in order to strengthen its capital position
The deal is still subject to regulatory sign-off and upon completion will crystallise a loss of approximately €800m on the books of the German bank.
09/29/2016
Deutsche Bank, DAX And The German Situation
But what about the broader German market?
09/29/2016
European Investment Bank announces $7.9bn in funding
The fund is one of the three pillars of the EU’s Investment Plan for Europe
09/28/2016
Deutsche Bank sells UK asset and battles bailout rumors
Deutsche Bank announced on Wednesday it had sold Abbey Life Assurance company
09/28/2016
Jeremy Corbyn says 'cost being worked out' for Labour's proposed investment bank
Plans To Borrow £100 Billion To Support Industry Has Been Set
09/27/2016
Standard Chartered Is Trying to Get Out of Private Equity
Shedding the principal-finance business would end a largely successful run of making equity investments in growing companies
09/27/2016
There is really only one investment banking business to be in right now
Debt capital markets is the only business to see an increase in revenue, with fees up to $15.9 billion.
09/26/2016
Goldman, Morgan, Blackrock, Threaten To Move Out Of City Without Clarity On Brexit
That’s all entirely fair, even a statement of the obvious.
09/26/2016
SGSS mandated by Hungary’s central securities depository for T2S
The mandate will take effect when KELER connects to the platform during the 4th migration wave in February 2017.
09/26/2016
BRIC by BRIC: How emerging markets are attracting new cash, and where it’s going
In particular, helping emerging market economies create and preserve wealth presents rich opportunities that a number of major banks are rushing to take advantage of.
09/23/2016
Deutsche Bank Woes Sparks Concern Among German Lawmakers
A spokesman for Deutsche Bank declined to comment.
09/23/2016
Deutsche Bank Could Struggle to Parry $14B DoJ Punch
But a history of similar settlements suggests forming a convincing counteroffer will be difficult.
09/23/2016
€6 million allocation for investment by SMEs, start-ups
New scheme will offer financial loans at low interest rates for SMEs and start-ups
09/21/2016
EBRD launches new fund and deepens ties to China
The EBRD said it has completed a first financing round for its so-called Equity Participation Fund with two cornerstone investors
09/19/2016
StanChart may exit private equity business
SCPE has been involved in deals worth at least US$1.5 billion since the start of last year, according to data compiled by Bloomberg.
09/19/2016
Barclays finds it hard to get out of Africa
A bid by Barclays' former CEO to mount a joint bid with the Carlyle Group for the bank's African business has stumbled
09/16/2016
Commodities Hiring Spree at VTB Kicks Off Across Europe and Asia
VTB Capital is hiring traders for Europe and Asia