Deutsche Bank

Deutsche Bank CEO Scolds Managers Over Pricey Suit Fittings Amid Layoffs

World News | Agence France-Presse | Friday July 12, 2019

Deutsche Bank chief executive Christian Sewing was forced to personally rebuke managers who ordered tailors to their London office as thousands of traders were let go Monday, after details of the pricey suit fitting were revealed in the media.

Deutsche Bank Careers Ended With An Envelope, A Hug And A Cab Ride

World News | Reuters | Monday July 8, 2019

Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a restructuring announcement.

Germany's Deutsche Bank To Cut 18,000 Jobs In Major Overhaul

Business | Thomson Reuters | Monday July 8, 2019

The overhaul, one of several over the past few years, signals that Deutsche is coming to terms with its failure to keep pace with Wall Street's big hitters such as JP Morgan Chase & Co and Goldman Sachs. The bank did not disclose a geographic breakdown of the job cuts.

iPhone Price in India 4th Highest in the World, Claims Deutsche Bank Report

Gadgets 360 Staff | Tuesday May 28, 2019

If you are looking for the best price for an iPhone, India is not the ideal country. A new report has found that the price of iPhone XS in India is the fourth highest in the world.

Bank Staff Flagged Trump, Kushner Transactions For Watchdog: Report

World News | Reuters | Monday May 20, 2019

Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by President Donald Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog, the New York Times reported.

New York Attorney General Investigating Trump Projects: Report

World News | Reuters | Tuesday March 12, 2019

The New York attorney general's office is looking into ties between Deutsche Bank and Investors Bank and several Trump Organization projects, the New York Times reported late Monday.

Yes Bank Names Deutsche Bank's Ravneet Singh Gill As CEO To Replace Rana Kapoor

Business | Thomson Reuters | Thursday January 24, 2019

Shares of Yes Bank surged as much as 19.1 per cent after the announcement in their sharpest intra-day jump since September 2013.

Yes Bank Names Ravneet Singh Gill As New CEO To Replace Rana Kapoor

Business | NDTV Profit Team | Thursday January 24, 2019

Yes Bank's net profit stood at Rs 1,002 crore ($140.73 million) in the three-month period, according to the statement. Net profit for the corresponding period a year ago was at Rs 1,077 crore.

Deutsche Bank, J&K Bank Fined 3 Crore Rupees Each For Flouting Norms

Business | Indo-Asian News Service | Thursday November 15, 2018

The RBI action has been taken under relevant sections of the Banking Regulation Act, 1949, taking into account the failure of both banks to adhere to the apex bank's directions.

Deutsche Bank Planning To Cut 10,000 Jobs To Reduce Costs, Says Wall Street Journal

Business | Thomson Reuters | Wednesday May 23, 2018

The loss-making bank said last month that equities was one of the areas it was studying for possible reductions.

UBS, Deutsche Bank, HSBC To Pay Over $46 Million In Futures 'Spoofing' Probe

Business | Thomson Reuters | Tuesday January 30, 2018

Spoofing, which is a criminal offence under the 2010 Dodd- Frank financial reform law, involves placing bids to buy or offers to sell futures contracts with the intent to cancel them before execution.

Deutsche Bank, HSBC, UBS To Be Fined For Spoofing, Manipulation: Report

Business | Thomson Reuters | Saturday January 27, 2018

The US derivatives regulator is set to announce it has fined European lenders UBS, HSBC and Deutsche Bank millions of dollars each for so-called "spoofing" and manipulation in the U.S. futures market

Fiscal Consolidation Plan Likely To Continue: Report

Business | Press Trust of India | Thursday January 18, 2018

"We expect the authorities to target FY19 fiscal deficit at 3 per cent of GDP, from a likely upward revised 3.4 per cent of GDP in FY18," Deutsche Bank said in a research note.

Government To Stick To Fiscal Consolidation Targets In Budget 2018: Foreign Brokerage

Business | Press Trust of India | Monday January 15, 2018

However, analysts are opining that the government may relax the fiscal consolidation roadmap targets, Deutsche Bank says it may stick to curtailing the fiscal gap at 3 per cent.

Government Focus To Shift From Reforms To Social Sector In 2018: Report

Business | Press Trust of India | Wednesday January 10, 2018

According to Deutsche Bank, the Narendra Modi government's priorities are expected to shift from reforms to specified policy initiatives aimed at improving job opportunities and growth numbers.