Search Results for: Deutsche Bank
Credit Agricole Said to Accuse EU of Bias in Euribor Case
May 28th, 2014
Credit Agricole SA (ACA), which refused to settle an antitrust probe over Euribor manipulation, accused European Union regulators of bias and said they should step down from the case, according to two people with knowledge of a letter the ...
Wall Street Finds New Subprime With Brokers Pitching 125% Loans
May 22nd, 2014
Doug Naidus made his fortune selling a mortgage company to Deutsche Bank AG months before the U.S. housing market collapsed. Now he’s found a way to profit from loans to business owners with bad credit. From an office near ...
German regulator BaFin finds currency manipulation evidence
May 21st, 2014
BaFin, the German regulator, said it had found concrete evidence that traders attempted to manipulate the global currency market, making it the first financial watchdog to confirm that suspicions of wrongdoing have clear grounds. Raimund Röseler, the head of ...
European Stocks Climb Amid Earnings as Fed Meeting Starts
April 29th, 2014
European stocks rose for a second day as companies from Deutsche Bank AG to ABB Ltd. reported earnings and the Federal Reserve begins a two-day policy meeting. U.S. stock-index futures advanced, while and Asian shares were little changed. Deutsche ...
Anglo Irish Liquidator Seeks to Sell $19 Billion in Loans
April 24th, 2014
Irish Bank Resolution Corp., formed to complete the liquidation of Anglo Irish Bank Corp., asked a U.S. bankruptcy judge to approve the sale of loans with nominal balances totaling more than $19 billion. The proposed purchasers of the U.S. ...
Wall Street Bond Dealers Whipsawed on Bearish Treasuries Bet
April 22nd, 2014
Betting against U.S. government debt this year is turning out to be a fool’s errand. Just ask Wall Street’s biggest bond dealers. While the losses that their economists predicted have yet to materialize, JPMorgan Chase & Co. (JPM), Citigroup ...
High-Frequency Fight Starts in Foreign Exchange
April 17th, 2014
Foreign-exchange dealers say they have the solution to the high-frequency trades eroding banks’ profits across financial markets. A currency-dealing platform known as ParFX, established in 2011 by firms from Deutsche Bank AG to Citigroup Inc., was approached last month ...
Greek bond order book soars to €17.5bn
April 10th, 2014
Greece has attracted a staggering €17.5bn order book for its eagerly anticipated return to the bond market – and banks are still taking bids. The final size of the five year deal is yet to be confirmed but banks ...
Barclays Settles U.K. Libor Case Weeks Before Trial to Start
April 8th, 2014
Barclays Plc (BARC) settled the first U.K. lawsuit filed over allegations the bank manipulated Libor, weeks before the trial was scheduled to start. Barclays agreed to restructure the debt of Graiseley Properties Ltd., which filed the lawsuit, as part ...
Dollar Strengthens as Gold Declines Before Fed Decision
March 19th, 2014
The dollar gained against most major currencies and gold fell for a third day before the Federal Reserve decides monetary policy. The ruble strengthened for a fourth day and Russian stocks fell as the nation pushed on with the ...
