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S&P 500 Surges 16% In 2 Months In A Rare Rally Seen Only Four Times Since 1945
The rare rally in S&P 500 in the past two months has only been seen four times since 1945, with one such instance after the Covid-19 shock.
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"Work Harder", Germany: Deutsche Bank CEO's Plea For Economic Recovery
Speaking at the Handelsblatt banking summit, Sewing highlighted the disparity between Germanys work hours and those of other European countries, urging a change in work attitudes.
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Deutsche Bank To Lay Off 3,500 People After Drop In 2023 Profit
Germany's biggest lender Deutsche Bank on Thursday announced plans to slash 3,500 jobs as part of a major cost-cutting drive after its net profit fell in 2023.
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Deutsche Bank AG Seeks Approval to Operate as Crypto Custodian in Germany, Triggers Market Surge
Germany’s Deutsche Bank AG wishes to provide crypto buying, selling, staking, valuation, and fund administration services to its individual as well as institutional clients. This would ensure that investors would not flout Germany’s crypto tax norms while also safeguarding investors from financial risks.
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US Treasury Cash Pile Hits Lowest Level Since 2017 As Debt Talks Drag On
While negotiators in Washington struggle to try and hammer out a deal on the statutory debt limit that will be amenable to both sides of politics, the Treasury's cash balance is dwindling rapidly and the amount of accounting gimmicks that it has up i
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Deutsche Bank To Pay $75 Million In Jeffrey Epstein Victim Settlement: Report
Deutsche Bank will pay $75 million to settle litigation alleging the German lender financially benefited from supporting Jeffrey Epstein's sex trafficking scheme, according to a report Wednesday.
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Deutsche Bank Shares Tumble: Is This A Cause For Concern?
Days after the collapse of Silicon Valley Bank, another financial titan is showing signs that all is not well. Deutsche Bank, one of the financial world's most prominent players, witnessed a sharp and steady fall in its shares.
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Xiaomi India Misled Deutsche Bank for Years on 'Illegal' Royalty Payments, Documents Show
Xiaomi India misled banker Deutsche Bank for years, by claiming it had an agreement for payment of royalties when it had none, according to legal documents. One of Xiaomi's four bank accounts in India frozen by the ED is at Deutsche Bank. The company denies wrongdoing and approached an Indian court arguing its payments were legitimate and that the ...
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US Banking Giants Face Over $1 Billion in Fines Over Unauthorised Email, WhatsApp Use
Major US banks like JP Morgan Chase and Bank of America face upwards of $1 billion (roughly Rs. 8,000 crore) in fines, according to recent disclosures. The banks are being probed by the US Securities and Exchange Commission and the US Commodity Futures Trading Commission over employees' use of unapproved messaging tools like email and WhatsApp. Her...
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Anshu Jain, Deutsche Bank Ex CEO, Dies Of Cancer At 59
Anshu Jain, former Deutsche Bank CEO, died on Saturday after a five-year battle with cancer. He was 59.
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German Prosecutors Raid Deutsche Bank Over "Greenwashing" Allegations
German prosecutors raided Deutsche Bank offices in Frankfurt on Tuesday as part of a probe into allegations that the financial institution was marketing investment products as "greener" than they actually were.
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Germany's Deutsche Bank Shuts Down Its Operations In Russia
Germany's biggest lender Deutsche Bank said Friday it was following other international companies in shutting down its operations in Russia in protest of Moscow's invasion of Ukraine.
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Deutsche Bank To Cut Ties With Donald Trump: Report
Deutsche Bank will cease its longstanding relationship with outgoing US president Donald Trump, The New York Times reported on Tuesday.
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Deutsche Bank To Pay $130 Million To Settle US Investigations
Deutsche Bank will pay $130 million to settle a foreign bribery probe and fraud charges in precious metals trading, US officials announced Friday.
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Google Cloud, Deutsche Bank Agree on Multi-Year Strategic Partnership
Deutsche Bank said on Tuesday it has agreed a strategic, multi-year partnership with Google to give the German lender access to cloud services and drive innovation in technology-based financial products for clients.
-
S&P 500 Surges 16% In 2 Months In A Rare Rally Seen Only Four Times Since 1945
The rare rally in S&P 500 in the past two months has only been seen four times since 1945, with one such instance after the Covid-19 shock.
-
"Work Harder", Germany: Deutsche Bank CEO's Plea For Economic Recovery
Speaking at the Handelsblatt banking summit, Sewing highlighted the disparity between Germanys work hours and those of other European countries, urging a change in work attitudes.
-
Deutsche Bank To Lay Off 3,500 People After Drop In 2023 Profit
Germany's biggest lender Deutsche Bank on Thursday announced plans to slash 3,500 jobs as part of a major cost-cutting drive after its net profit fell in 2023.
-
Deutsche Bank AG Seeks Approval to Operate as Crypto Custodian in Germany, Triggers Market Surge
Germany’s Deutsche Bank AG wishes to provide crypto buying, selling, staking, valuation, and fund administration services to its individual as well as institutional clients. This would ensure that investors would not flout Germany’s crypto tax norms while also safeguarding investors from financial risks.
-
US Treasury Cash Pile Hits Lowest Level Since 2017 As Debt Talks Drag On
While negotiators in Washington struggle to try and hammer out a deal on the statutory debt limit that will be amenable to both sides of politics, the Treasury's cash balance is dwindling rapidly and the amount of accounting gimmicks that it has up i
-
Deutsche Bank To Pay $75 Million In Jeffrey Epstein Victim Settlement: Report
Deutsche Bank will pay $75 million to settle litigation alleging the German lender financially benefited from supporting Jeffrey Epstein's sex trafficking scheme, according to a report Wednesday.
-
Deutsche Bank Shares Tumble: Is This A Cause For Concern?
Days after the collapse of Silicon Valley Bank, another financial titan is showing signs that all is not well. Deutsche Bank, one of the financial world's most prominent players, witnessed a sharp and steady fall in its shares.
-
Xiaomi India Misled Deutsche Bank for Years on 'Illegal' Royalty Payments, Documents Show
Xiaomi India misled banker Deutsche Bank for years, by claiming it had an agreement for payment of royalties when it had none, according to legal documents. One of Xiaomi's four bank accounts in India frozen by the ED is at Deutsche Bank. The company denies wrongdoing and approached an Indian court arguing its payments were legitimate and that the ...
-
US Banking Giants Face Over $1 Billion in Fines Over Unauthorised Email, WhatsApp Use
Major US banks like JP Morgan Chase and Bank of America face upwards of $1 billion (roughly Rs. 8,000 crore) in fines, according to recent disclosures. The banks are being probed by the US Securities and Exchange Commission and the US Commodity Futures Trading Commission over employees' use of unapproved messaging tools like email and WhatsApp. Her...
-
Anshu Jain, Deutsche Bank Ex CEO, Dies Of Cancer At 59
Anshu Jain, former Deutsche Bank CEO, died on Saturday after a five-year battle with cancer. He was 59.
-
German Prosecutors Raid Deutsche Bank Over "Greenwashing" Allegations
German prosecutors raided Deutsche Bank offices in Frankfurt on Tuesday as part of a probe into allegations that the financial institution was marketing investment products as "greener" than they actually were.
-
Germany's Deutsche Bank Shuts Down Its Operations In Russia
Germany's biggest lender Deutsche Bank said Friday it was following other international companies in shutting down its operations in Russia in protest of Moscow's invasion of Ukraine.
-
Deutsche Bank To Cut Ties With Donald Trump: Report
Deutsche Bank will cease its longstanding relationship with outgoing US president Donald Trump, The New York Times reported on Tuesday.
-
Deutsche Bank To Pay $130 Million To Settle US Investigations
Deutsche Bank will pay $130 million to settle a foreign bribery probe and fraud charges in precious metals trading, US officials announced Friday.
-
Google Cloud, Deutsche Bank Agree on Multi-Year Strategic Partnership
Deutsche Bank said on Tuesday it has agreed a strategic, multi-year partnership with Google to give the German lender access to cloud services and drive innovation in technology-based financial products for clients.
