Search Results for: Deutsche Bank
Can the world’s oldest bank survive Italy’s upheaval?
December 6th, 2016
The world’s oldest operating bank is racing to avoid a government bailout. Italy’s Monte dei Paschi di Siena (BMDPF) is trying to salvage a rescue plan that would see investors inject €5 billion ($5.4 billion) into the bank. Political ...
Saxo Bank taps Fix8Pro for global market connectivity
November 29th, 2016
Fix8 Market Tech, the next-gen FIX solution provider, today announced their technology had been chosen by Saxo Bank A/S. Saxo Bank will use Fix8Pro© as part of a new high performance market connectivity engine. Chief Technology Officer Michel Andre ...
Can You Imagine The Fed Raising Rates In This World? Bank Bail-In Edition
October 5th, 2016
I know it’s bad form to express sympathy for the people running the world’s central banks. But come on, they’re human beings in an impossible spot with no idea how to escape. The pain they feel is both intense ...
Commerzbank eyes at least 5,000 job cuts
September 23rd, 2016
Commerzbank AG’s management is eyeing cuts of at least 5,000 jobs, or more than 10% of its workforce, and eliminating one of its units as part of a broader overhaul to address weak profitability amid low interest rates and ...
China Rich Help Europe Banks Raise $14 Billion Since August
September 19th, 2016
Eight European finance companies opened books in Asia hours ‘Asian investors tend to be more yield hungry,’ JPMorgan says The appetite of China’s wealthy to diversify from a weakening yuan is helping European finance companies boost capital to prepare ...
Four Major Banks Plan to Create Their Own Cryptocurrency
August 25th, 2016
Few major international banks may soon have their own cryptocurrency. According to a recent media report, the banks that are initially going to be part of this initiative includes UBS, BNY Mellon, Deutsche Bank and Banco Santander. These four major banks, who also happen to ...
UBS wins big bank backing for Utility Settlement Coin concept
August 24th, 2016
BNY Mellon, Deutsche Bank, Icap and Santander have joined with UBS and Clearmatics to advance the Utility Settlement Coin, an asset-backed digital cash instrument implemented on distributed ledger technology. UBS and Clearmatics floated the model in September 2015 to ...
Europe eyes lackluster open; bank earnings in focus
August 3rd, 2016
European stocks traded slightly lower on Wednesday but banking stocks, thanks to results from HSBC and Societe Generale, rallied as investors digest some more earnings and a fall in the oil price. The pan-European STOXX 600 was down 0.28 percent. Banks in ...
Most European Banks Survive Stress Test
August 1st, 2016
European regulators gave most banks a clean bill of health in “stress tests” despite the Continent’s sluggish growth and low interest rates, saying only a clutch of lenders would struggle to ride out a hypothetical severe economic downturn. The European ...
A computerized trading firm beat Banks in the rankings of the world’s biggest spot currency traders
May 26th, 2016
XTX is the first electronic specialist to break into top five Deutsche Bank was the biggest currency trader until 2014 Computerized trading firm XTX Markets Ltd. has come from nowhere to dethrone major banks including Deutsche Bank AG in the ...
