- India Supplies Wall Street With CEOs But Faces Executive Shortage At Home
Indian-born bankers have led global financial giants from Deutsche Bank AG and Citigroup Inc. to Barclays Plc. Yet at home, the country’s lenders can face a string of challenges finding executives for the top job.
Macro·1 article / 1 outlet·11d ago
- Banks Offer €2.8 Billion Debt Sale for Nestle Water Buyout
Lenders including Bank of America Corp. and Deutsche Bank AG have launched a €2.8 billion ($3.3 billion) debt sale to help finance Platinum Equity’s purchase of a stake in Nestle SA’s water business.
Deals·1 article / 1 outlet·20d ago
- DWS Rebrands to Deutsche Asset Management After Eight Years of Distancing
DWS, the asset management unit of Deutsche Bank, will revert to the Deutsche Bank name, becoming Deutsche Asset Management. This change comes eight years after the firm distanced itself from the Deutsche Bank brand ahead of its IPO.
Macro·1 article / 1 outlet·20d ago
- Deutsche Bank Accelerates AI Adoption With New Google Service
Deutsche Bank AG is stepping up its use of artificial intelligence with the adoption of a new Google Cloud service as it seeks to generate more revenue and keep a lid on costs.
Product·1 article / 1 outlet·34d ago
- Deutsche Bank’s DWS Partners With Frankfurter Leben In Life Insurance Push
DWS Group is partnering with life insurance consolidator Frankfurter Leben as the asset manager owned by Deutsche Bank AG seeks to access the industry’s vast capital pools.
Deals·1 article / 1 outlet·46d ago
- Greenhill Hires Deutsche Bank Executive Amid Wave of Departures
Investment bank Greenhill & Co. is hiring a former Deutsche Bank AG executive to lead its chemicals franchise in North America. This move comes as the latest industrials banker to leave the Frankfurt-based group in the past year.
Deals·1 article / 1 outlet·54d ago
- Deutsche Bank Shares Drop 6% Despite Positive Q2 Results
Deutsche Bank's stock fell 6% on the Euro Stoxx index of Eurozone lenders. This decline occurred even after a positive response to its second-quarter results on Wednesday.
Earnings·1 article / 1 outlet·60d ago
- Deutsche Bank CFO Akram Sees Trading Revenue Rise 16% to Record €2.6 Billion
Deutsche Bank reported a 16% increase in second-quarter fixed-income trading revenue, reaching a record €2.6 billion. This figure surpassed analyst expectations and outperformed many of its Wall Street competitors.
Earnings·1 article / 1 outlet·61d ago
- Deutsche Bank CFO Sees Trading Momentum Continue in July
Deutsche Bank AG Chief Financial Officer Raja Akram says trading started 'constructively' in July, continuing the momentum from the previous month. He tells Bloomberg's Oliver Crook the 'pipelines look pretty full' both on the market side and on the investment banking side.
Guidance·1 article / 1 outlet·61d ago
- ECB Enlists 36 Payment Firms Including Revolut and UniCredit for Digital Euro Trial↩
The European Central Bank has announced that 36 payment service providers, including Revolut Bank UAB, UniCredit SpA, and Deutsche Bank AG, will participate in a trial for the digital euro. This initiative aims to explore the potential of a digital currency in the European market.
Macro·2 articles / 2 outlets·76d ago
- Deutsche Bank May Win Russia-Sanctions Lawsuit Against Linde
Deutsche Bank AG may win a legal battle in a dispute with a corporate client over who has to pick up the tap for losses linked to sanctions on Russia, according to a German court.
Legal·1 article / 1 outlet·76d ago