New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 7, 2014
07:26 EDTBNPQY, SCGLY, CRARY, DBFrance not concerned about U.S. investigation of other banks, Reuters says
France's Finance Minister Michel Sapin said he was not concerned about French banks being probed by U.S. authorities after a record fine was imposed on BNP Paribas (BNPQY) for violating U.S. sanctions against several countries, according to Reuters, citing comments from Sapin. U.S. sources said that French banks Societe Generale (SCGLY), Credit Agricole (CRARY) and Deutsche Bank (DB) are under investigation for having possibly violated U.S. economic sanctions. Reference Link
News For BNPQY;SCGLY;CRARY;DB From The Last 14 Days
Check below for free stories on BNPQY;SCGLY;CRARY;DB the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
July 31, 2014
06:34 EDTBNPQYNY governor steps in BNP agreement for $1B more for state fund, Reuters says
New York Govenor Andrew Cuomo stepped in to the $8.97B settlement agreement between U.S. authorities and BNP Paribas to guarantee that the state government would receive a much larger share of the proceeds, according to Reuters, citing three people familiar with the situation. One of the sources said that the governor called Manhattan District Attorney Cyrus Vance to aim for a larger piece of the $2.2B that was going to be accessible to the attorney to use for law enforcement projects. Reference Link
July 29, 2014
14:18 EDTDBNY regulator seeks monitors in Deutsche Bank, Barclays, WSJ says
Subscribe for More Information
05:33 EDTDBDeutsche Bank reports Q2 net income EU 238M vs. EU 335M last year
Reports Q2 revenue EU 7.89B vs. EU 8.22B last year. Reports Common Equity Tier 1 ratio of 11.5% on a fully loaded Capital. Deutsche said its provision for credit losses declined 47% in Q2 to EU 250M compared to last year.
July 28, 2014
07:44 EDTDBInvestors looking for signs of Deutsche leveraging synergies, WSJ says
When Deutsche Bank reports its second quarter results Tuesday, investors will be looking for progress on the bank's stated goal of getting its investment bank and wealth-management business to work more to each other's benefit, said The Wall Street Journal. Reference Link
July 25, 2014
17:05 EDTDBHSBC, Deutsche Bank sued over manipulation of silver prices, Reuters reports
Reference Link
06:40 EDTDBLoan write down standards changed for non-U.S. banks, NY Times says
A new accounting rule will enable banks outside of the U.S. to write down the value of loans earlier but could cause loans to become less attractive for those banks, according to The New York Times. The rule was issued by the International Accounting Standards Board, whose guidelines are followed in more than 100 countries but not in America, the newspaper stated. Publicly traded European banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS).Reference Link
06:19 EDTBNPQYUSDA announces $80M False Claims Act judgement entered against BNP
Subscribe for More Information
July 24, 2014
08:25 EDTDBDeutsche ability to pass U.S. stress tests questioned after warning, FT says
Subscribe for More Information
08:20 EDTDBDeutsche Bank CFO faces internal criticism over reporting, WSJ says
U.S. authorities have expressed serious concerns about Deutsche Bank's financial data, it has recently come to light, but the bank's CFO Stefan Krause has also faced criticism from within the organization about the issues, say people familiar with the discussions, reported The Wall Street Journal. Reference Link
July 22, 2014
15:32 EDTDBNY Fed said Deutsche Bank U.S. unit reports 'inaccurate, unreliable,' WSJ says
Subscribe for More Information
07:31 EDTDBSenate Homeland Security & Government Affairs Committee to hold a hearing
Subscribe for More Information
July 21, 2014
11:34 EDTBNPQYBNP suit prompts calls for whistleblower rewards in banking, Reuters says
BNP Paribas' $9B settlement with U.S. authorities, assisted by internal whistleblowers, has prompted calls for federal banking regulators to defend and offer incentives to individuals who report wrongdoing by banks, according to Reuters, citing comments from architect of the Securities and Exchange Commission's whistleblower representation program Jordan Thomas. Reference Link
July 18, 2014
06:26 EDTDBMetro hires Deutsche to guide on consumer-electronics unit, Bloomberg says
Metro (MTTRY) hired Deutsche Bank (DB) to examine options for its consumer-electronics unit, according to Bloomberg, citing two people with direct knowledge of the matter. The sources said that alternatives may include a sale, spinoff or IPO of the Media-Saturn division. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use