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Stock Market & Financial Investment News

News Breaks
November 12, 2012
06:16 EDTDB, BLKBig money managers: Slowing U.S. economy concerns overblown, Bloomberg reports
Money managers at firms overseeing over $8T said investor concern that the U.S. economy will slow as Obama and Congress fail to avert $607B in tax increases and spending cuts next year are overblown, reports Bloomberg. These investors say the rout that erased $1T from the value of global equities after President Obama's reelection overlooks the fact that the world economy is improving while U.S. leaders start discussions that may avoid the so-called fiscal cliff. Reference Link
News For BLK;DB From The Last 14 Days
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May 26, 2015
20:50 EDTBLKBernstein to hold a conference
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11:30 EDTDBDeutsche Bank settles SEC charges over misstated reports for $55M
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May 21, 2015
06:13 EDTDBDeutsche Bank announces co-CEO Jain to assume direct oversight of strategy
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May 19, 2015
06:15 EDTDBDeutsche Bank explores moving parts if UK leaves EU, Financial Times says
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May 18, 2015
19:20 EDTDBDeutsche Bank retail chief to quit after disagreement, Reuters says
Rainer Neske, Deutsche Bank's head of retail banking, is set to resign because he disagrees with the company's restructuring program, reports Reuters, citing unnamed industry sources quoted by Handelsblatt. Reuters notes that the restructuring involves selling the Postbank retail business, increasing investments in equities and wealth management, and divesting up to $169.65B in investment bank assets. Reference Link
06:58 EDTDBDeutsche Bank co-CEOs won't step down, Reuters reports
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May 14, 2015
07:31 EDTBLKBlackRock says securities lending risk overstated by regulators, Reuters reports
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06:04 EDTDBUnivision IPO could launch 'in weeks,' NY Post reports
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