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Deutsche Asset unit renames, re-brands
DWS Scudder, Deutsche Asset Management's U.S. and worldwide retail-asset-management organization, has changed its name to DWS Investments.
IIF chairman says banks ignored warning signs
WASHINGTON : Banks ignored signs of mispriced risks and dangerous leverage ratios that indicated the impending credit crisis, the chairman of a global banking organization said Thursday in releasing a report on ...
Global banking group calls for improved risk management
A worldwide banking coalition on Thursday proposed reforms in how the international industry does business, in response to the global credit crisis that arose from the 2007 meltdown in the US mortgage market.
Deutsche Bank Recognized in The 2008 Euromoney Awards for Excellence
"Deutsche's success stems from its early call on the sub-prime sector," said Euromoney.
Deutsche Bank won't let Postbank get away, analysts believe
After missing out on one rare opportunity to expand in its domestic market, Deutsche Bank is unlikely to let another chance go begging, analysts believe.
Credit Suisse Launches Full Service Middle East Equities Platform
Credit Suisse is pleased to announce the launch of its local Equities platform in the Middle East, including several senior appointments in its Equities business in the MENA region.
Deutsche Suspends `Buy' Rating for Batista's MMX on Police Investigation
Deutsche Bank AG suspended its recommendation to buy shares of MMX Mineracao e Metalicos SA after federal police began an investigation into alleged fraud and tax evasion at the iron ore mining company.
Deflation May Lurk as Global Economy's Top Threat, SocGen, Deutsche Warn
Societe Generale SA's Albert Edwards , who predicted the Asian currency crisis a decade ago, is warning central bankers that deflation may soon overtake surging prices as the biggest risk to the world economy.
Lloyds TSB's caution pays dividends
Britain's fourth-largest bank is determined to reap the rewards of its chief executive's conservatism and its chairman's exuberance, reports Philip Aldrick Eric Daniels, Lloyds TSB's chief executive, is known ...
Citi sells unit to Credit Mutuel
Posted online: Saturday , July 12, 2008 at 01:48 hrs Updated On: Saturday , July 12, 2008 at 01:48 hrs Citigroup Inc, the largest US bank, agreed to sell its German consumer unit to France's Credit Mutuel Group ...
Citigroup Sells German Ops to Credit Mutuel
French bank Credit Mutuel Friday said it will buy Citigroup Inc.'s German retail operations in a EUR4.9 billion cash deal that will grant the unlisted bank a second major market in Europe.
Bank gives timely tip on Swatch shares
SWATCH Group AG, the world's biggest watch maker, fell to the lowest in 18 months in Zurich yesterday after Deutsche Bank AG stopped advising investors to buy the shares because of a luxury-goods industry ...
U.S. Bank Takes Lead as County's Top Home Seller
For the first time this year, Deutsche Bank National Trust Co. didn't lead Shelby County as the top seller of homes.
Kirch courts date with Deutsche Bank
Six years after the spectacular collapse of his vast media empire, Leo Kirch is heading to court for what could be his final showdown with Deutsche Bank -- and a legal decision that could bring him billions.
Deutsche, Lehman Fight History, Profits, Forecast Best S&P 500 Since 1982
Deutsche Bank AG, Lehman Brothers Holdings Inc. and UBS AG say the Standard & Poor's 500 Index will gain the most in 26 years during this year's second half.
Deutsche Bank CEO queries German bank merger ardor
The extent of consolidation that Germany's banking sector is likely to see this year remains unclear, Deutsche Bank Chief Executive Josef Ackermann told a German newspaper on Sunday.
Deutsche Bank's Jain: Crisis is Solvency, Not Liquidity
Anshu Jain, head of global markets at Deutsche Bank AG , said in remarks Thursday that most financial institutions are now facing a solvency issue around housing - a surprising assessment, to say the least, and ...
Radian, IndyMac battle over insurer's efforts to rescind coverage on select home equity loans, pools
The complaint , as filed June 26 in the U.S. District Court for the Eastern District of Pennsylvania and obtained by SNL, stems from what Radian spokesman Rick Gillespie described as "an unprecedented level of ...
Fortis, Abn Amro and Deutsche Bank agree on sale of parts of Abn Amro Business Unit Netherlands
Fortis, ABN AMRO and Deutsche Bank announced today that they have signed an agreement by which Deutsche Bank will acquire from ABN AMRO parts of its commercial banking activities in the Netherlands for EUR 709 ...
McClatchy Drops to Record Low as Deutsche Bank Says Sell Company's Shares
McClatchy Co. , owner of the Miami Herald and 29 other daily newspapers, dropped to a record low on the New York Stock Exchange after Deutsche Bank AG recommended selling the stock and cut its earnings ...