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Banks

Deutsche Bank leads European bank stocks lower

Deutsche Bank leads European bank stocks lower
By: Nicholas Megaw European bank stocks are slipping this morning, with Deutsche Bank shares falling back below €12, after some of the world’s top bankers joined the International Monetary Fund and European Central Bank in calling for wide-reaching ...

Deutsche Bank received special treatment in EU stress tests

Deutsche Bank received special treatment in EU stress tests
By: Laura Noonan, Caroline Binham and James Shotter  German lender’s result was boosted by a special concession agreed by the European Central Bank Deutsche Bank was given special treatment in the summer EU stress tests that promised to...

Deutsche Bank eyes asset management unit IPO

Deutsche Bank eyes asset management unit IPO
By: Martin Arnold in Washington, Arash Massoudi in London and James Shotter in Frankfurt Troubled German lender looks to float stake in division to rebuild capital buffers Deutsche Bank is working on a public ...

Credit Suisse fined by SEC for misleading investorsle...

Credit Suisse fined by SEC for misleading investorsle...
By: Alistair Gray in New York Employees at Swiss group’s private bank misrepresented financial metric to meet performance targets US regulators have slapped a $90m penalty on Credit Suisse after finding employees at its private bank...

A Big Dutch Bank Is Replacing 5,800 People With Machines, At A Cost Of $2 Billion

A Big Dutch Bank Is Replacing 5,800 People With Machines, At A Cost Of $2 Billion
By Pathay Singh European banks are desperately trying to find ways to save money in these straitened times. ING, a major Dutch lender, announced this week that it plans to save €900 million ($1 billion) a year by cutting 5,800 jobs as part of a “digital ...

Who's behind the blog

Who's behind the blog

SOCIAL MEDIA