Search Results for: Deutsche Bank
EU Commission blocks proposed merger between Deutsche Börse and London Stock Exchange
March 29th, 2017
The European Commission has prohibited the proposed merger between Deutsche Börse AG and London Stock Exchange Group under the EU Merger Regulation. The Commission’s investigation concluded the merger would have created a de facto monopoly in the markets for ...
Deutsche Börse to launch Sustainable Finance Initiative
March 21st, 2017
Deutsche Börse will be launching the Sustainable Finance Initiative in Frankfurt. The aim is to establish new interdisciplinary structures for sustainable entrepreneurship along with some 100 of the financial centre’s key participants in order to explore new business areas. ...
Central banks and gold
March 5th, 2017
The very near future is likely to see a sea-change in central bankers’ attitude to the gold allocation in their reserves. The failure of G20 monetary policy since the financial crisis is causing a general rethink, which may eventually ...
European v US investment banks: Tectonic shifts
February 22nd, 2017
Much of the sector is in dire straits – partly because of previous efforts to compete globally. As investment banks, the Europeans are not even winning on their home turf. JPMorgan’s investment-banking revenue market share for Europe, Middle East ...
Deutsche Börse presents blockchain concept for risk free cash transfer
January 23rd, 2017
Eurex Clearing acts as trusted party for transactions Direct payments with commercial bank money Deutsche Börse Group has developed a concept for riskless transfer of commercial bank money via an infrastructure based on distributed ledger technology (DLT). By combining ...
Bundesbank announced basic rate of interest unchanged at -0.88%
December 30th, 2016
Bundesbank announcement of the basic rate of interest as of 1 January 2017: basic rate of interest unchanged at -0.88% The Deutsche Bundesbank calculates the basic rate of interest pursuant to section 247 (1) of the German Civil Code ...
Deutsche Börse increases share in Tradegate
December 22nd, 2016
Deutsche Börse AG is exercising a third and also final call option on shares in Tradegate AG and will thereby increase its approximately 15-percent stake in Tradegate AG to almost 20 percent. Deutsche Börse AG exercised two call options ...
COMCO fines banks for participating in the EURIBOR cartel
December 21st, 2016
The Competition Commission (COMCO) has closed its investigation against certain banks related to interest rate derivatives in euro with an amicable settlement and imposes total fines of approximately CHF 45.3 million. COMCO reached the conclusion that between September 2005 ...
European shares move towards 11-month high on stronger banks
December 15th, 2016
STOXX Europe 600 index up 0.2 pct Banks advance on Fed’s move, hints Precious metals miners among top fallers European shares rose on Thursday, helped by gains in global banks following the U.S. Federal Reserve’s interest rate hike overnight, ...
Three major Banks fined €485 million for Euribor fix cartel
December 7th, 2016
The European Commission has fined Crédit Agricole, HSBC and JPMorgan Chase, a total of € 485 million for participating in a cartel in euro interest rate derivatives. The banks colluded on euro interest rate derivative pricing elements, and exchanged ...
