Deutsche Bank AG (NYSE:DB) has laid off over a hundred senior bankers in a bid to meet cost-cutting targets by next year. Some 111 senior bankers were fired across its retail and private wealth division, the Financial Times reported on Monday, equating to 8% of the wing's directors.
Hospitality groups have been hit with a wave of downgrades by Deutsche Bank following the rises in the minimum wage and National Insurance unveiled by the Labour Government. Greggs is the standout change, with its rating cut to 'sell' from 'hold' with a target price now of 2,400p (2,600p previously) though pub chain Mitchells & Butlers is now a 'hold' from 'buy' (target 280p from 360p).
NEW YORK--(BUSINESS WIRE)--Deutsche Bank today announced that its New York Branch, Deutsche Bank New York (DBNY), and its affiliate Deutsche Bank Trust Company Americas (DBTCA) have decreased their prime lending from 8.00% to 7.75% effective tomorrow, November 8, 2024. About Deutsche Bank Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and...
Germany-based Deutsche Bank AG said on Wednesday that it had infused 51.13 billion rupees ($607.50 million) into its Indian operations to fund growth plans. ($1 = 84.1650 Indian rupees)
JPMorgan has hired Rumesh Rajendram from rival Deutsche Bank as head of consumer and retail M&A for EMEA, according to a staff memo distributed on Thursday.
LONDON--(BUSINESS WIRE)--Zilch, the fintech payments innovator of the world's first ad-subsidised payments network (ASPN), today announces the successful expansion of its securitisation facility by an additional £50 million, bringing the total to £150 million. This latest round includes participation from two of the world's largest credit funds, alongside lead arranger Deutsche Bank. The total ...
Press release24 October 2024 10:30 am eQ Community Properties Fund (AIF) has entered into a EUR 154 million senior secured loan arrangement with Deutsche Bank AG. The collateral portfolio consists of community and healthcare assets in the Helsinki Metropolitan Area and Tampere.
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