deutsche

Deutsche Bank cuts ties with 3,400 clients in trading business

Deutsche Bank's Global Markets division will cut ties with about 3,400 clients in its debt and equities sales activities, the bank said on Friday. Deutsche Bank will immediately cease debt sales services to some financial institutions and hedge funds as well as equity sales activities, the execution of equities trading orders and equity structuring activities for some clients, a spokesman said, citing an internal memo. Deutsche Bank Chief Executive John Cryan is stepping up the restructuring process as the bank finalises talks with U.S. …

See original here:
Deutsche Bank cuts ties with 3,400 clients in trading business

deutsche

A Deutsche Bank settlement overshadows U.S. equities

Deutsche Bank will likely cast a pall over equity markets next week as the largest German lender navigates a possible multi-billion dollar settlement with the U.S. Department of Justice over the sale of mortgage-backed bonds. Deutsche shares traded in the United States hit a record low on Thursday, falling as much as 24 percent since the DOJ asked…

Original post: 
A Deutsche Bank settlement overshadows U.S. equities

deutsche

Bayer in $66 billion bet that farmers will back linked-up supplies

Bayer's $66 billion purchase of Monsanto amounts to a long-term bet that farmers will grow to trust combinations of seeds and pesticides rather than continue to pick from ranges of separate products. Some farmers, though, are …

More here:
Bayer in $66 billion bet that farmers will back linked-up supplies

deutsche

Deutsche Bank to fight $14 billion demand from U.S. authorities

Deutsche Bank  said it would fight a $14 billion demand from the U.S. Department of Justice to settle claims it missold mortgage-backed securities, a shock bill that raises questions about the future of Germany's largest lender. The claim against Deutsche, which is likely to trigger several months of talks, far exceeds the bank's expectations…

Read the rest here:
Deutsche Bank to fight $14 billion demand from U.S. authorities

deutsche

Crystal Pepsi: the ‘clear’ 90s hit makes a return

The company is officially bringing back Crystal Pepsi, a clear cola drink that was hugely popular for a brief period during the early 1990s. PepsiCo Inc said on Wednesday said it would sell Crystal Pepsi this year for a

Excerpt from: 
Crystal Pepsi: the ‘clear’ 90s hit makes a return

deutsche

GE’s finance unit sheds its ‘too big to fail’ designation

The move by the Financial Stability Oversight Council was the first time a non-banking firm has been freed from the designation, a product of the financial crash that can trigger stricter oversight and requirements to hold more capital. It was a big victory for GE …

See original here:
GE’s finance unit sheds its ‘too big to fail’ designation

deutsche

Deutsche, Santander fail U.S. stress test; Morgan Stanley gets second chance

By David Henry and Patrick Rucker NEW YORK/WASHINGTON (Reuters) – U.S. bank subsidiaries of Deutsche Bank AG and Banco Santander SA yet again failed the Federal Reserve's stress test on Wednesday due to “broad and substantial

Go here to read the rest:
Deutsche, Santander fail U.S. stress test; Morgan Stanley gets second chance

deutsche

Deutsche Boerse CEO touts LSE merger, saying ‘size is everything’

FRANKFURT (Reuters) – Deutsche Boerse's planned $30 billion merger with LSE Group is on track for completion late this year or in early 2017, the German exchange operator's Chief Executive Carsten Kengeter said on Wednesday.

Read the original post: 
Deutsche Boerse CEO touts LSE merger, saying ‘size is everything’