05/18/2014

Deutsche Bank enlists Qatar in $11 bln capital hike

The cash injection gives Deutsche the firepower to expand investment banking, especially in the United States, after a retreat by competitors Barclays, UBS and others left a gap that Deutsche aims to fill.

05/16/2014

Russians take over Zimbabwean Bank

A Russian investment group Horizon Capital Consortium led by businessman Sergey Pokusaev has acquired a controlling stake in the diversified financial company.

05/15/2014

SocGen sets Newedge €200m profit target

Société Générale plans to reverse rapidly-declining profitability at Newedge, the futures broker it took full control of last week, in the next two years by moving into equity trading services and deepening cost cuts.