GO
Loading...

Deutsche Bank AG

More

  • The strong debt issuance outlook comes on top of a record year for the "dim sum" bond market which has seen 324 billion yuan in bond issuance so far this year, a 74 percent increase from 2013 volumes, according to Thomson Reuters data. "It's trade settlement that drives the dim sum bond market in the end," said Andrew Malcolm, capital markets partner at Linklaters in Hong...

  • SYDNEY, Dec 18- Australia's New South Wales state said it plans to raise $16 billion by selling just under half its electricity network, using proceeds from one of the country's biggest privatisations for major rail, road and other infrastructure upgrades. The so-called "poles and wires" deal has been seen as attractive to large offshore investors like State...

  • SYDNEY, Dec 18- Australia's New South Wales state said it plans to raise A $20 billion by leasing or selling 49 percent of its electricity network, enabling it to pay for a second Sydney Harbour rail crossing and several road upgrades. State Treasurer Andrew Constance said the plan, to proceed if the government is re-elected in a ballot scheduled for March, would...

  • Fed to be 'patient' about a rate hike; stocks soar Wednesday, 17 Dec 2014 | 2:07 PM ET

    WASHINGTON— The Federal Reserve is edging closer to raising interest rates from record lows given a strengthening U.S. economy. At a news conference afterward, Chair Janet Yellen said she foresaw no rate hike in the first quarter of 2015.. "The Fed is sending the message that the broader U.S. economy is on the path toward healing," said Steven Ricchiuto, chief...

  • BRUSSELS, Dec 17- Five years after Greece sparked a sovereign debt crisis that threatened the euro's survival, the country again has the potential to rattle its currency partners if Greeks have to elect a new government next month. This is because almost 90 percent of Greek debt is now held by official creditors-- euro zone governments-- and, after the 2012...

  • *Japanese lenders also planning to offer new services in India. MUMBAI, Dec 17- Faced with a shrinking economy and tepid loan demand at home, Japan's largest banks are looking to bolster their presence in India, enthused by Prime Minister Narendra Modi's reform agenda and improving ties between the two countries. Standard Chartered, the biggest foreign player in...

  • FXCM, one of the biggest platforms catering to online and retail traders of currencies, said the halt stemmed from the expectations of banks that Moscow would impose outright capital controls within the next few days. "As such, FXCM can no longer offer this instrument to our clients and will begin closing any existing client trades in USD/RUB effective at Noon...

  • "Oil plunging... is causing volatility in currencies and causing people to take profit in the dollar," said Alan Ruskin, global head of currency strategy at Deutsche Bank in New York. The threat that tumbling oil prices pose to Russia's economy, along with the Russian central bank's failure to halt the currency's plunge through an emergency rate hike, led the Russian...

  • Dec 14- Pet supply retailer PetSmart Inc succumbed to calls from some shareholders for a sale on Sunday with an agreement to be bought by a private equity consortium led by BC Partners Ltd for $8.7 billion, in the largest leveraged buyout of the year. PetSmart said BC Partners, as well as some of its fund investors, including La Caisse de dépôt et placement du...

  • HONG KONG, Dec 15- Chinese financial firms are targeting purchases of distressed banking assets coming on the market in Europe, having been urged by Beijing to expand their reach beyond emerging markets. The first Chinese purchase of a European investment bank was announced this week, with Haitong Securities agreeing to pay 379 million euros for an investment...

  • NEW YORK, Dec 12- Holders of U.S. inflation bonds are feeling the pain as tumbling oil prices intensify fears of global disinflation and a possible interest rate increase by the Federal Reserve next year. Treasury Inflation-Protected Securities, commonly known as TIPS, become more popular when investors sense inflation is quickening. Since September,...

  • MF Global's underwriters to settle suit for $74 mln Friday, 12 Dec 2014 | 5:40 AM ET

    Dec 12- Seven underwriters of the failed MF Global Holdings Ltd reached a partial settlement with investors, who had filed a lawsuit in 2011 seeking to hold them and some of the brokerage's executives, including its CEO, responsible for its collapse. The underwriters cited in the settlement are Citigroup, Deutsche Bank, Goldman Sachs, J.P. Morgan, Merrill Lynch,...

  • *Hong Kong stock market debut set for Dec 19. HONG KONG, Dec 12- Chinese automaker BAIC Motor Corp Ltd, part-owned by Germany's Daimler AG, is set to raise about $1.42 billion in an initial public offering in Hong Kong, people with knowledge of the deal said on Friday. The price would be just above the mid-point of a HK $7.60 to HK $9.80 marketing range, putting the total...

  • China stock researchers in demand to comfort foreign cash Thursday, 11 Dec 2014 | 11:06 PM ET

    *HK-Shanghai link opens up China shares to foreign investors. HONG KONG, Dec 12- China stockpickers are becoming hot property as global banks compete for talent capable of piercing the veil of opacity and weak governance that is deterring some investors from taking advantage of new opportunities to trade Chinese shares. China stocks have been soaring in...

  • FINRA fines 10 banks over Toys R Us IPO conduct Thursday, 11 Dec 2014 | 12:29 PM ET

    Barclays PLC, Citigroup Inc., Credit Suisse Group AG, Goldman Sachs Group Inc., and JPMorgan Chase& Co. were fined $5 million each. Deutsche Bank AG, Bank of America Corp., Morgan Stanley and Wells Fargo& Co. were each fined $4 million and Needham& Co. was fined $2.5 million. JPMorgan Chase, Goldman Sachs, Bank of America, Credit Suisse, Deutsche Bank, Morgan Stanley and...

  • Regulator probing banks' FX algorithm: Source Thursday, 11 Dec 2014 | 2:51 AM ET

    The New York banking regulator is investigating if banks used algorithms to manipulate foreign exchange rates, a source told Reuters.

  • Dec 11- The New York banking regulator is investigating if Deutsche Bank and Barclays Plc used algorithms on their trading platforms to manipulate foreign exchange rates, a source with direct knowledge of the matter told Reuters. Benjamin Lawsky, the head of New York's Department of Financial Services, has ordered a monitor to be installed at Deutsche Bank and...

  • Dec 10- The New York banking regulator is investigating if Deutsche Bank and Barclays Plc used algorithms on their trading platforms to manipulate foreign exchange rates, a source with direct knowledge of the matter told Reuters. Benjamin Lawsky, the head of New York's Department of Financial Services, has ordered a monitor to be installed at Deutsche Bank and...

  • Beware of these sectors in 2015: Bianco Wednesday, 10 Dec 2014 | 8:46 AM ET
    David Bianco

    Traders should tread lightly around energy and industrials and look to banks and retail for returns, Deutsche Bank strategist David Bianco says.

  • UPDATE 2-BP to spend $1 bln on thousands of job cuts Wednesday, 10 Dec 2014 | 8:41 AM ET

    LONDON, Dec 10- BP will cut thousands of jobs cut across its global oil and gas business by the end of next year in a $1 billion restructuring programme announced on Wednesday following steep falls in oil prices. "Given the recent position taken by OPEC and with oil prices where they are today, we will continue to review this further," BP head of upstream Lamar McKay...