Deutsche Bank

Can another meltdown happen?; Deutsche Bank loses a big investor

09/10/18

The financial press ponders how a replay of the 2008 crisis can be avoided; losing HNA's 7.6% stake may be a blessing in disguise, but DB's funding costs remain a worry.

[more]

Google pays Mastercard for data; Wall Street’s AG choice

09/04/18

The deal lets Google learn more about what people buy based on online ads, but raises privacy concerns; checkbooks favor Congressman Sean Maloney.

[more]

Game over for analyst; Deutsche not giving up

08/30/18

Former Goldman employee and an NFL player charged in insider trading scheme; Sewing says the bank’s “global ambitions are not up for debate.”

[more]

JPMorgan, Citi decry Russian plan to limit funds held abroad

08/22/18

JPMorgan Chase, Citigroup and Goldman Sachs are among foreign lenders protesting a Russian central bank plan that would drastically reduce their ability to move funds from local units to their parent companies outside of Russia.

[more]

Banks network to flag human traffickers

08/20/18

Bank of America and several other large U.S. financial services companies, as part an effort organized by the Thomson Reuters Foundation and Western Union, have published resources to help smaller banks spot signs of forced labor and kidnapping.

[more]

Macquarie names female CEO; PayPal disappoints

07/26/18

Shemara Wikramanayake’s appointment is termed a “landmark”; the company’s stock falls 3% despite a 28% earnings increase.

[more]

Bitcoin bounces back; Southern community banks merge

07/25/18

The digital currency’s price has rebounded to over $8,000 as a new ETF is in the works; three deals may indicate a resurgence of small bank M&A.

[more]

Goldman earnings up; Barclays weighs U.S. expansion

07/17/18

David Solomon is officially named as Blankfein’s successor; the British bank is under pressure from an activist shareholder to boost its stock price.

[more]

Deutsche Bank says 2Q earnings report will top estimates ‘considerably’

07/16/18

The struggling Frankfurt-based bank expects to report net income of $468 million when it issues second-quarter results nine days from now, but it's unclear exactly where the earnings beat is coming from and whether the performance is sustainable.

[more]

Morgan Stanley promotes senior execs; strong dollar hits bank stocks

07/11/18

The moves are seen as setting the stage for CEO James Gorman’s eventual retirement; banks outside the U.S. are suffering from the greenback’s recent rise.

[more]