Deutsche Bank said on Monday it had been named by China as a clearing bank for its currency, the renminbi, in a first for a European lender.
Deutsche Bank has hired a former top Bank of America technology banker as its global head of Technology, Media & Telecommunications, sources familiar with the matter told Reuters.
Deutsche Bank and KBC Group NV have frozen some of Radiant World's Singapore bank accounts, while some other banks have suspended credit lines, Bloomberg News reported on Thursday.
Deutsche Bank and UBS beat forecasts again with second-quarter earnings on Wednesday, buoyed by a surge in trading activity and strong retail business as Europe's lenders extend a more than two-year-long recovery.
Germany's largest lender's pretax profit rose 11% from the same period last year and was ahead of analysts' expectations, according to a company-compiled consensus.
Deutsche Bank on Wednesday posted a 10% rise in second-quarter profit, defying expectations for a drop, as strength at its global investment banking division offset a rise in expenses.