deutsche-bank

Senior Italian bankers to meet Monday over sale of four banks: sources

Italy's economy minister has called a meeting with some of the country's top bankers on Monday to discuss stalled efforts to sell four small banks that were rescued from bankruptcy last year, sources said. Bank of Italy Governor Ignazio Visco was expected to join the gathering, which comes just days after sources said the European Union had agreed to extend…

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Senior Italian bankers to meet Monday over sale of four banks: sources

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Bass Pro consortium in the lead to acquire Cabela’s: sources

A consortium of Bass Pro Shops, Goldman Sachs Group Inc's private equity arm and Capital One Financial Corp is in the lead to acquire U.S. outdoor gear retailer Cabela's Inc , according to people familiar with the matter. It would come close to a year after Cabela's said it would explore strategic alternatives, including a potential sale, after coming under pressure from activist fund Elliott Management Corp. The exact price the Bass Pros consortium

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Bass Pro consortium in the lead to acquire Cabela’s: sources

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Clinton expected to hit Wells Fargo in speech on ‘bad corporate actors’

By Amanda Becker WHITE PLAINS, N.Y. (Reuters) – U.S. presidential candidate Hillary Clinton on Monday will unveil a plan to make it easier for consumers to take legal action against “bad corporate actors,” citing Wells Fargo & Co and Mylan Pharmaceuticals, according to a campaign official. While campaigning in Ohio, the Democratic nominee will explain how she would…

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Clinton expected to hit Wells Fargo in speech on ‘bad corporate actors’

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Deutsche Bank races against time to reach U.S. settlement

By Georgina Prodhan, Kathrin Jones and Lawrence Delevingne FRANKFURT (Reuters) – Deutsche Bank is throwing its energies into reaching a settlement before next month's presidential election with U.S. authorities demanding a fine of up to $14 billion for mis-selling mortgage-backed securities. The threat of such a large fine has pushed Deutsche shares to record…

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Deutsche Bank races against time to reach U.S. settlement

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Germany’s Merkel cannot afford to bail out Deutsche Bank: media

By Georgina Prodhan FRANKFURT (Reuters) – German Chancellor Angela Merkel cannot afford to bail out Deutsche Bank given the hard line Berlin has taken against state aid in other European nations and the risk of a political backlash at home, German media wrote on Saturday. The government denied a newspaper report on Wednesday that it was working on a rescue plan for Germany's biggest bank, as …

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Germany’s Merkel cannot afford to bail out Deutsche Bank: media

deutsche-bank

JPMorgan ends WaMu disputes with FDIC, to receive $645 million

JPMorgan Chase & Co on Friday said it will receive $645 million in a settlement of litigation with the Federal Deposit Insurance Corp and Deutsche Bank AG arising from its purchase of Washington Mutual Inc's banking operations during the financial crisis in 2008. According to a regulatory filing, JPMorgan will collect the cash payment from the estate of Washington Mutual Bank, for which the FDIC acts as receiver.

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JPMorgan ends WaMu disputes with FDIC, to receive $645 million

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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

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

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