Saturday 23rd March 2019,
Radio Metta

Deutsche

Deutsche Bank’s CEO says technology will be key to banking in the next five years

Deutsche Bank’s CEO says technology will be key to banking in the next five years

The CEO of the largest German lender has underlined the dramatic shifts that the banking industry faces over the next five years with technology due to play a “key” role in this period of change. “We are placing our bets on technology,” John Cryan, the chief executive officer of Deutsche Bank, said Tuesday at a [...]

January 17, 2017 Saheli Technology Comments Off on Deutsche Bank’s CEO says technology will be key to banking in the next five years

DEUTSCHE, CREDIT SUISSE TO COMPENSATE CONSUMERS POST-CRISIS

DEUTSCHE, CREDIT SUISSE TO COMPENSATE CONSUMERS POST-CRISIS

FRANKFURT, Germany (AP) — Nine years after the collapse of the U.S. housing market sent shockwaves through the global economy, two European banks have agreed to offer American homeowners and borrowers billions of dollars’ worth of help under a settlement related to the sale of risky securities that helped spark the 2008 crisis. Deutsche Bank [...]

December 24, 2016 Saheli Business Comments Off on DEUTSCHE, CREDIT SUISSE TO COMPENSATE CONSUMERS POST-CRISIS

Bund yields fall back to 6-week lows on Deutsche fears

Bund yields fall back to 6-week lows on Deutsche fears

German government bond yields dropped back towards six-week lows on Friday, giving up Thursday’s oil-induced rise as concerns over the health of the country’s biggest lender resurfaced. Deutsche Bank admitted it had an image problem with investors after reports on Thursday that a number of hedge funds had withdrawn cash from the bank, sending its [...]

September 30, 2016 Saheli News Comments Off on Bund yields fall back to 6-week lows on Deutsche fears

Oil gains, Deutsche Bank weighs on stocks; yen cuts losses

Oil gains, Deutsche Bank weighs on stocks; yen cuts losses

Crude oil futures rose on Thursday, adding to the previous session’s rally on optimism over an OPEC plan to curb output, while stocks fell as Deutsche Bank tumbled after a report said trading clients have withdrawn excess cash and positions held in the largest German lender. Energy stocks fared better than the rest of the [...]

September 30, 2016 Saheli News Comments Off on Oil gains, Deutsche Bank weighs on stocks; yen cuts losses

Deutsche Bank shares fall further to fresh low

Deutsche Bank shares fall further to fresh low

They fell another 3% to €10.22 during morning trading on the Frankfurt stock exchange. Investors are increasingly worried about the financial health of the bank, which now faces a $14bn fine in the US for mis-selling mortgage-backed bonds before the financial crisis of 2008. “The plight of Deutsche Bank could have far-reaching ramifications,” said David [...]

September 27, 2016 Saheli News Comments Off on Deutsche Bank shares fall further to fresh low

U.S. wants Deutsche Bank to pay $14B over bad mortgages

U.S. wants Deutsche Bank to pay $14B over bad mortgages

The U.S. Department of Justice asked Deutsche Bank, Germany’s biggest lender, to pay $14 billion to settle an investigation into the sale of residential mortgage-backed securities. The company said it has “no intent” to pay the huge sum tied to the bank’s sale of mortgages between 2005 and 2007 and plans to negotiate the sum [...]

September 18, 2016 Saheli Business Comments Off on U.S. wants Deutsche Bank to pay $14B over bad mortgages

London Stock Exchange and Deutsche Boerse agree merger

London Stock Exchange and Deutsche Boerse agree merger

The tie-up will create one of the largest exchange companies in the world with a combined value of about £21bn. Under the terms of the deal, LSE shareholders will own 45.6% of the new holding company, while Deutsche Boerse shareholders will own 54.4%. LSE chief executive Xavier Rolet said the two firms were “creating an [...]

March 16, 2016 Saheli Business Comments Off on London Stock Exchange and Deutsche Boerse agree merger