Search Results for: Deutsche Bank
Macy’s Crushed By Amazon, Italian Banks Crushed By Euro
May 12th, 2016
This is a tale of changing environments and the organisms that are, as a result, dying off. First, consider the bricks and mortar retailers. Amazon, the dominant online seller of virtually everything, reports a spectacular quarter with soaring sales ...
Seven big banks settle U.S. rate-rigging lawsuit for $324 million
May 4th, 2016
Seven of the world’s biggest banks have agreed to pay $324 million to settle a private U.S. lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market. The settlement made public on Tuesday, ...
Deutsche Börse improves efficiency of European ETF trading
April 19th, 2016
Deutsche Börse Cash Market: Deutsche Börse has launched a new service which allows for an optimized on-exchange execution of large-sized ETF orders, the Xetra Quote Request. It enables users to take full advantage of Deutsche Börse’s complete service chain – ...
Will London Stock Exchange Merge With Deutsche Börse? Criticism Over Potential Deal Heats Up In UK, Germany
March 29th, 2016
Criticism of the potential sale of the London Stock Exchange Group to its German rival Deutsche Börse is heating up in both countries. Shareholders, industry veterans and politicians are split over the merger outlined this month, which would create one of the world’s largest ...
Deutsche Börse Managed Services and Solfia sign new customer for Software-as-a-Service platform
March 23rd, 2016
Deutsche Börse Managed Services and Solfia (Vermeg Group) recently signed a new customer: Contassur, a Belgian insurance company that manages the largest pool of pension funds in Belgium. Contassur will use the Vermeg Wealth/Institutional Management Software-as-a-Service (SaaS) Hub platform, ...
HMRC Welcomes Bank Bonus Tax Scheme Ruling
March 22nd, 2016
HM Revenue and Customs (HMRC) has welcomed a court ruling against a major tax avoidance scheme used by banking giants UBS and Deutsche Bank, in which the agency successfully argued that the scheme had been designed to avoid around ...
China Construction Bank authorised as trading and direct clearing participant
March 18th, 2016
China Construction Bank (CCB) Frankfurt Branch received authorisation as a trading and direct clearing member to the cash and derivatives markets operated by Deutsche Börse Group. This further contributes to the accessibility of the German and European capital market ...
Deutsche Boerse-LSE eye savings from merger move
March 9th, 2016
Deutsche Boerse (DB1Gn.DE) and the London Stock Exchange (LSE.L) are targeting cost savings of more than 300 million euros ($331 million), once a merger of the two exchanges is completed, three people familiar with the matter said on Tuesday. ...
Deutsche Börse announces new leadership structure within Market Data + Services
March 9th, 2016
Deutsche Börse Group today announced changes in the leadership structure of its Market Data + Services (MD+S) business area, which is part of the recently created division “IT & Operations, Data & New Asset Classes”, headed by Deputy Group ...
Bank of NY Mellon must face lawsuit over $1.12 billion mortgage loss
March 4th, 2016
Bank of New York Mellon Corp (BK.N) must face a lawsuit seeking to hold it liable for causing $1.12 billion (£790.7 million) of investor losses by failing to properly monitor five trusts backed by toxic residential mortgages, a Manhattan ...
