Deutsche has been conducting a global review of its investment bank to determine the way forward as revenues shrink. Initial results of the review, known internally as Project Colombo, are expected soon.
Citi, Deutsche Bank and HSBC agreed to pay $33.4 million, $80 million and $18.5 million, respectively, according to the filing in Manhattan federal court. The settlements must be approved by U.S. District Judge Naomi Reice Buchwald.
Shriram Transport Finance today said it will issue rupee denominated bonds worth Rs 200 crore to Deutsche Bank AG, Singapore.
Speaking to CNBC-TV18 Taimur Baig, Chief Economist, Asia And Global Markets Research at Deutsche Bank AG said that there is a secular upswing in global activities which is supported by industrials, among others.
Global investment banks like JPMorgan often hold only minority stakes in such ventures and the resulting lack of control has been a source of frustration at a time when competition from domestic rivals is becoming increasingly acute.
Senior advisers at top Wall Street firms are speaking to representatives of Deutsche Bank about ideas including a share sale and asset disposals, Bloomberg reported, citing people familiar with the discussions.
Watch the interview of Grant Sporre Deutsche Bank AG with Manisha Gupta on CNBC-TV18, in which he shared his reading and outlook on the road ahead for metals market.
According to a regulatory filing, JPMorgan will collect the cash payment from the estate of Washington Mutual Bank, for which the FDIC acts as receiver.
There are strong fundamental reasons for RBI to cut key interest rates, believes Indranil Sengupta, Chief Economist, India, BoFA ML.
Moody's move comes days after the German bank warned that volatile financial markets in the first quarter, normally a strong season for banks, posed a challenge for the entire sector.
Taimur Baig, Chief Economist, Asia Global Markets Research, Deutsche Bank AG says that while one rate hike is expected to be in the offing, more is unlikely to come.
On August 06, 2015 QVT Mauritius West Fund-FCCB A/C sold 42,50,000 shares of Subex.
On August 5, 2015 Deutsche Bank AG sold 63,35,867 shares of Subex.
Blackboard's majority owner, private equity firm Providence Equity Partners LLC, has hired Deutsche Bank AG and Bank of America Corp to run an auction for the company, the people said this week.
On July 14, 2015 Merrill Lynch Capital Markets Espana SA SV bought 24,00,000 shares of Castex Tech at Rs 343.80.
Experts believe the central bank will pause for a while now before one can see any rate cut in the near-future.
Gunit Chadha of Deutsche Bank AG is bullish on the Indian market and is not perturbed by the current correction. He says foreign investors are bullish about the structural reforms undertaken by the government. He adds that across global boardrooms India is being talked about.
According to Taimur Baig of Deutsche Bank AG, RBI will not only be looking at what is happening in India, it will also take into account what is happening abroad – expectations of a Federal Reserve rate hike and slowdown in China.
The new ETFs rely heavily on derivatives and alternative investments, such as shorting Treasury futures or trading swaps based on mortgage-backed securities, which carry fresh risks of their own, analysts said.
Baig believes the December CPI data for India could be seen around 5.5 percent with similar levels expected in January CPI as well. Going ahead, he expects mid to low-5 percent inflation over the next two-three months.
According to Ajay Bagga, MD & Head Wealth Management India of Deutsche Bank AG, it is better to stay away from sectors and themes because they are largely momentum driven and it is not right for the fund houses also to be following that momentum and offering something which is hot at that time.
According to Ajay Bagga, MD & Head Wealth Management India of Deutsche Bank AG, there are no zero expense funds because a fund manager need some amount of money for the running expenses and for being paid for its expertise but index funds are quite cheap.
According to Ajay Bagga, MD & Head Wealth Management India of Deutsche Bank AG, reading the offer document itself is little onerous for ordinary investors because it is a big document so there are scheme information documents which are simplified versions which give the risk factors.
According to Ajay Bagga, MD & Head Wealth Management India of Deutsche Bank AG, if you are investing the money for upto two years, may be an income fund is okay for you or short-term fund which has a duration of two years.
First put away six months of emergency capital as your six months of expenses should be in a savings account or a fix deposit or that even if there is a job loss or there is an accident or something, your family can live for the next six months while you can find other alternatives.