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  • DBS earnings headed higher: CEO Sunday, 26 Apr 2015 | 8:00 PM ET

    DBS Group is poised to benefit from Singapore's rising domestic interest rates, CEO, Piyush Gupta, told CNBC after the bank reported its first-quarter net profit climbed 10 percent on year, beating expectations.

  • FRANKFURT, April 27- A radical plan for Deutsche Bank to become a pure investment bank and corporate lender was dropped after stress tests demanded by the European Central Bank concluded the model would not withstand a severe financial crisis, sources said. Deutsche Bank, Germany's biggest lender, has spent much of this year looking at ways of reconfiguring its...

  • DEUTSCHE BANK CO-CHIEFS WANTED TO SHED RETAIL BANKING, MOVE TO GOLDMAN SACHS-STYLE BUSINESS- SOURCES.

  • *Fed, other central bank meetings key to week ahead. NEW YORK, April 27- The dollar firmed on Monday, recovering from recent losses in the wake of some weak U.S. economic data, but gains are expected to be contained ahead of the Federal Reserve's key monetary policy meeting this week. "Any sense from the Fed that a rate hike appears on a further horizon could mean a weaker...

  • Overhaul is bold, strategic: Deutsche Bank Co-CEO Monday, 27 Apr 2015 | 7:00 AM ET
    Overhaul is bold, strategic: Deutsche Bank Co-CEO

    Deutsche Bank Co-CEO Anshu Jain defends the company's overhaul plans, saying they amount to a bold and strategic move.

  • Overhaul plans can't be judged by market reaction: Detusche Bank Co-CEO

    Deutsche Bank Co-CEO Anshu Jain says he isn't judging the merits of the bank's overhaul strategy based on the day's share price reaction.

  • Want to avoid another Libor incident: Deutsche Bank Co-CEO

    Deutsche Bank Co-CEO Anshu Jain tells CNBC the bank is investing in controls that will help avoid the kind of behavior that led to last week's $2.5bn Libor-rigging settlement.

  • HONG KONG, April 27- A move by British banking giant HSBC to relocate its headquarters back to Hong Kong would present major challenges to the city's banking watchdog, regulatory experts said. HSBC's $2.6 trillion balance sheet is nearly eight times the size of Hong Kong's economic output. HSBC said on Friday it had ordered a review into whether it should move its...

  • *Investors eye Fed, Bank of Japan meetings this week. LONDON, April 27- World shares hit a new high on Monday, with European stocks joining the rally after early falls, as investors looked ahead to central bank meetings this week and put aside worries over Greece. Deutsche Bank, down 3.8 percent, took its toll on the index as investors gave a big strategic overhaul under...

  • LONDON, April 27- Deutsche Bank's plan to jettison much of its German retail bank and withdraw from one in ten countries sees it join a growing list of banks choosing to shrink and simplify to survive. HSBC has already sold or shut 77 businesses and could yet dispose of big operations in Brazil or Turkey. Credit Suisse's incoming CEO Tidjane Thiam is expected to cut...

  • *To exit 7-10 countries but invest in India, China. FRANKFURT, April 27- Deutsche Bank will cut 200 billion euros in investment bank assets and exit a tenth of the countries in which it operates as part of a restructuring programme designed to boost earnings and cut risk. After sticking with its costly universal banking model in the aftermath of the financial...

  • Deutsche Bank CEO eyes 'smaller, leaner' operation Monday, 27 Apr 2015 | 7:53 AM ET
    Anshu Jain, co-CEO of Deutsche Bank, was Europe's best-paid banking executive in 2013

    Deutsche Bank announced a major overhaul in an effort to deliver savings Monday, which would cost a one-off $4 billion to achieve.

  • DBS: Q2 to yield better results Monday, 27 Apr 2015 | 12:33 AM ET
    DBS: Q2 to yield better results

    Piyush Gupta, CEO of DBS Group, says the bank's net interest margins in the rest of the year should improve from the first-quarter.

  • Top Japanese bank moves into Myanmar Sunday, 26 Apr 2015 | 10:32 PM ET
    Top Japanese bank moves into Myanmar

    Go Watanabe, Managing Executive Officer, CEO-Asia & Oceania at The Bank of Tokyo-Mitsubishi UFJ, explains the bank's decision to open a branch in Yangon.

  • *Canon, Fanuc among companies reporting earnings Mon. TOKYO, April 27- Japanese stocks were flat in a choppy Monday morning as investors were cautious amid the earnings season and ahead of some key events later this week, including central bank meetings in Japan and the United States. "The Nikkei will likely stay directionless this week," said Nobuhiko Kuramochi, a...

  • TOKYO, April 27- Asian shares scaled seven-year highs following stellar earnings from a few U.S. hi-tech giants, but investors were cautious ahead of central bank meetings this week in the U.S. and Japan and on apparent deadlock in Greece's talks with creditors. MSCI's broadest index of Asia-Pacific shares outside Japan was rose 0.3 percent in early trade...

  • DBS beats with 10% rise in first quarter net profit Sunday, 26 Apr 2015 | 9:01 PM ET

    DBS Group, on Monday posted a 10 percent jump in core first-quarter net profit, above analysts' estimates.

  • LONDON, April 26- Most central banks have been easing policy since the start of the year and are set to do more, but it still isn't clear whether that new activism, which has pushed stock markets to record highs, will help the global economy much. Federal Reserve, the Bank of Japan and Sweden's Riksbank, which all have turned to government bond purchases as stimulus...

  • SHANGHAI/ HONG KONG, April 26- Bankers at China's top state lenders are quitting in increasing numbers because of cuts to their pay and perks, and moving to a new breed of financial firms such as leasing companies, trusts and online platforms, bankers and headhunters say. "In the past we wouldn't see CVs from the state sector, but now we do," said Maggy Fang, managing...

  • BERLIN, April 25- The head of Germany's Bundesbank said on Saturday he had misgivings about granting emergency funding to Greece as the liquidity situation at the country's banks has not improved. Jens Weidmann was speaking at a press event with German Finance Minister Wolfgang Schaeuble after a meeting of euro zone finance ministers in Riga.

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