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Stock Market & Financial Investment News

News For DB;BLK From The Last 14 Days
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July 31, 2015
06:14 EDTDBDeutsche Bank says lost chats, data due to software glitch, WSJ reports
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July 30, 2015
06:51 EDTDBDeutsche Bank co-CEO says performance in Q2 doesn't reflect potential
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06:49 EDTDBDeutsche Bank reports tangible book value per share down 4% to EUR 39.42
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06:48 EDTDBDeutsche Bank reports Q2 net income EUR 818M vs. EUR 238M last year
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06:39 EDTDBDeutsche Bank CEO Cryan says Q2 results underscore problems, FT says
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July 27, 2015
19:18 EDTBLKBlackRock pursuing more private financing deals, Reuters says
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06:26 EDTBLKSymphony Communication eyes $1B funding round, WSJ reports
Symphony Communication Services, an instant-messaging software company backed by Wall Street firms including Goldman Sachs (GS), is eyeing an investment round that may value it at as much as $1B, the Wall Street Journal reports, citing people familiar with the matter. The startup is canvassing a range of possible new investors, including venture-capital funds and additional financial firms, the report says. Symphony also wants funds from its existing backers, including Goldman, Morgan Stanley (MS), JPMorgan Chase (JPM), and BlackRock (BLK), the report says. Reference Link
July 24, 2015
07:33 EDTBLKSolar Power sells UK solar project to fund managed by BlackRock
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July 21, 2015
06:57 EDTBLKBlackRock wins license to raise funds in China, Reuters reports
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July 20, 2015
09:34 EDTBLKHalliburton sees significant runway for refrack in the future
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July 17, 2015
14:00 EDTDBEarnings Watch: Morgan Stanley rounds out quarterly results for financial firms
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06:36 EDTDBBaFin accuses Deutsche Bank execs of Libor negligence, WSJ reports
German regulators have accused several Deutsche Bank executives of failing to halt or notify regulators about years of attempted market manipulation, the Wall Street Journal reports, according to a confidential report. BaFin, Germany's financial watchdog, sent the report to Deutsche Bank's board on May 11, less than a month before the bank announced that its co-CEOs Anshu Jain and Jurgen Fitschen intended to resign, the report says. Jain was singled out particularly int he letter for allegedly providing inadequate leadership and failing to stop manipulation of the London interbank offered rate, or Libor, and other benchmarks, the report says. Four other Deutsche bank board members and two other senior executives were also harshly criticized by BaFin in the report for negligence and selective disclosures, the Wall Street Journal says. Reference Link

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