GO
Loading...

Deutsche Bank AG

More

  • LONDON, Jan 15- Investors are now so confident the European Central Bank will unveil a government bond-buying stimulus next week that some contrarian traders are betting on a broad market shock if it doesn't. Some analysts, such as those at JP Morgan, reckon the recent plunge in oil, has led to a collapse of bond yields and the euro that indicate markets are...

  • *Italy launches new 30- year bond to tap yield hunt. LONDON, Jan 15- French and Belgian bonds underperformed their euro zone peers on Thursday after the Swiss National Bank unexpectedly dropped its limit on the franc's exchange rate against the euro, meaning it will buy less euro-denominated debt. Analysts ruled out a more pronounced selloff, saying the SNB move...

  • *Markets rocked as Switzerland abandons three-year-old franc cap. *Copper reclaims some ground, oil on the slide again. LONDON, Jan 15- Global markets were thrown into turmoil on Thursday as a shock move by Switzerland to abandon its more than three-year-old cap on the franc sent the currency soaring and Europe's shares and bond yields tumbling.

  • Kaisa Group last week failed to pay coupons for its dollar bond maturing in 2020, after government officials blocked sales of some of its projects in Shenzhen and several executives unexpectedly exited. Kaisa woes have frozen high-yield bond issuance from Chinese companies in the offshore market, where about $3.9 billion worth of G3 and dim sum bonds from...

  • Deutsche Bank considers retail bank spin-off Wednesday, 14 Jan 2015 | 8:31 PM ET
    Deutsche Bank signage in Vienna, Austria.

    Deutsche may spin off retail bank as regulators push them to lower debt levels and prevent the use of consumers' deposits to fund its investment bank.

  • DETROIT, Jan 14- General Motors Co Chief Executive Officer Mary Barra said on Wednesday the largest U.S. automaker would increase its profit this year, as she counted on investors to give her a second chance after her first year behind the wheel was marred by a costly recall scandal. While GM gave no specific figures, it said it expects pretax earnings and profit...

  • FRANKFURT, Jan 14- Deutsche Bank is considering splitting off its retail division and listing it on the stock exchange should German lawmakers approve measures forcing banks to isolate risky trading activities, a person with knowledge of the discussions said. Under this scenario, Deutsche would keep investment banking and asset management while floating...

  • DETROIT, Jan 14- General Motors Co on Wednesday forecast that its 2015 operating profit will increase from last year due mostly to growth in its two largest auto markets, China and the United States. Last year, Mary Barra's first as chief executive officer of the Detroit company, GM dealt with the recall of 2.6 million cars due to the faulty switch that led to...

  • GM predicts pretax earnings, profit margin rise in 2015 Wednesday, 14 Jan 2015 | 8:33 AM ET

    DETROIT— General Motors says it expects pretax earnings and profit margins to increase this year over last, after adjusting last year for recall costs. At a Deutsche Bank automotive conference in Detroit on Wednesday, GM also reiterated 2016 financial targets of 10 percent pretax profit margins in North America and a return to profitability in Europe, where it...

  • China's yuan shifts into currency major league Wednesday, 14 Jan 2015 | 7:24 AM ET

    Offshore trading in the yuan, whose convertibility is still tightly controlled by Beijing, soared some 350 percent on Thomson Reuters trading platforms in 2014.. The system of controls kept in place by Beijing, including separate markets offshore and onshore, continues to limit action, but bankers in London say the currency is steadily moving to the front of...

  • ZURICH, Jan 14- Swiss mobile telecoms company Sunrise plans to raise around 1.35 billion Swiss francs in a stock market debut, potentially Switzerland's biggest flotation since 2006.. Switzerland's No.2 telecoms operator behind Swisscom said on Wednesday the move-- the latest planned capital raising in a lively start to 2015 for European equity markets--...

  • NEW YORK, Jan 13- The euro plunged to a nine-year low against the dollar on Tuesday after a senior European Central Bank policymaker urged the ECB to go ahead with its proposed stimulus measures and revitalize a slumping euro zone economy. ECB Governing Council member Ewald Nowotny said in a newspaper interview that the ECB should decide sooner rather than...

  • Goodyear Tire shares fall after earnings warning Tuesday, 13 Jan 2015 | 2:16 PM ET

    NEW YORK— Shares of Goodyear Tire fell Tuesday after it warned that its fourth-quarter earnings may be hurt by the strong dollar, demand weakness in Europe and warmer-than-expected winter weather. The company, based in Akron, Ohio, made the announcements at Deutsche Bank's Global Auto Industry Conference in Detroit Tuesday. Shares of The Goodyear Tire& Rubber...

  • FOREX-Dollar bolstered by U.S. rate, economic outlook Tuesday, 13 Jan 2015 | 10:59 AM ET

    *Dollar recovers from lows vs yen. NEW YORK, Jan 13- The dollar gained on Tuesday, still benefiting from more upbeat U.S. economic prospects compared with the rest of the world that should keep the Federal Reserve on track to raise interest rates this year. "In any case, the dollar remains a better investment than most other major currencies, at least for now," said Omer...

  • LONDON, Jan 13- Crude oil prices hit their lowest in almost six years on Tuesday in a market readying for further falls, as a big OPEC producer stood by the group's decision not to cut output to tackle a supply glut. Oil prices have fallen 60 percent from their June 2014 peaks, driven down by rising production, particularly U.S. shale oil, and weaker-than-expected...

  • DUBAI, Jan 13- Integrated Diagnostics Holdings, an Egypt- based healthcare diagnostics service provider, is targeting a value of around $600 million from its planned listing on the London Stock Exchange, a source familiar with the matter said on Tuesday. It is the latest firm from the Middle East to choose the UK bourse for a flotation in recent years, avoiding more...

  • *Some owners of IDH to float up to 45 pct in London. DUBAI, Jan 13- Integrated Diagnostics Holdings, a healthcare diagnostics service provider with operations in Egypt, Jordan and Sudan, has announced plans to list its shares on the London stock exchange. It is the latest firm in recent years from the Middle East to choose the UK bourse for a flotation, avoiding more...

  • *Deutsche Bank economists say fiscal challenge is poorly understood economic risk. BEIJING, Jan 12- China's fiscal revenue growth is set to hit a three-decade low in 2015, Deutsche Bank said in a report, complicating policymakers' efforts to rein in runaway local government debt without crippling the broader economy. With a slowing economy- in particular...

  • Local governments in China's small cities buying local land in attempts to prop up property prices, damaging finances. The Financial Times reports.

  • FRANKFURT, Jan 12- Deutsche Bank AG will provide details of a new strategy plan to investors in the second quarter of 2015, senior management told bank staff in an internal memo on Monday. "The management board is working diligently on the next phase of our strategy, and we will update our stakeholders at an investor& media day and global employee town hall in the...