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U.S. presidential commission issues recommendations on cyber security

December 3, 2016 by · Leave a Comment 

The U.S. government and the private sector must cooperate to improve the security of digital networks, a U.S. presidential commission on cyber security recommended in a wide-ranging report issued on Friday. The commission created by President Barack Obama earlier this year also recommended that the president and Congress accelerate the pace at which technology is updated in the federal sector and that the president appoint an ambassador for cyber…

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U.S. presidential commission issues recommendations on cyber security

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

December 3, 2016 by · Leave a Comment 

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. …

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