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News Breaks | | | | September 6, 2012 | | 06:36 EDT |  | DB | Deutsche Bank cuts about 85 jobs in Tokyo, Hong Kong, Bloomberg reports
Deutsche Bank (DB) is cutting about 85 jobs at its Japan and Hong Kong equities units, Bloomberg reports. The company cut about 15 positions in Tokyo on Tuesday, while about 30 employees in equity research, sales and trading were informed yesterday that they will be dismissed, sources say. Reference Link | |
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News For DB From The Last 14 Days Check below for free stories on DB the last two weeks. |
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| May 21, 2013 | | 05:46 EDT | | DB | Thomson Reuters, others to challenge Bloomberg messaging, WSJ reports
 Subscribe for More Information | | | 05:42 EDT |  | DB | Deutsche Bank downgraded to Neutral from Overweight at JPMorgan
Subscribe for More Information | | | May 16, 2013 | | 12:32 EDT |  | DB | EU bank stress test delayed until 2014 by regulator
The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link | | | 08:39 EDT | | DB | Hartford Financial hires Deutsche to find buyer for Japan unit, Bloomberg says
Hartford Financial Services (HIG) engaged Deutsche Bank (DB) to seek a buyer for its Japanese annuity unit, according to Bloomberg, citing people with knowledge of the matter. Reference Link | | | May 14, 2013 | | 05:44 EDT | | DB | Banks work deals from both sides of the field, WSJ reports
Subscribe for More Information | | | May 13, 2013 | | 06:49 EDT | | DB | ECB member says negative deposit rates would help economy, Reuters says
Subscribe for More Information | | | May 9, 2013 | | 07:12 EDT | | DB | Citigroup closing in on Deutsche Bank in Asian currency trade, Bloomberg reports
Subscribe for More Information | | | 06:10 EDT | | DB | On the Fly: Periodicals Wrap-Up
Subscribe for More Information | | | May 7, 2013 | | 10:20 EDT | | DB | Banks accused of restraining swaps market competition, Bloomberg says
A sheet metal workers union in Cleveland claimed in federal court that Goldman Sachs Group (GS), Citigroup (C) and 10 other banks have restrained market competition" for credit default swaps, violating U.S antitrust law, says Bloomberg. Other banks named in the complaint include Bank of America (BAC), Deutsche Bank (DB), and UBS (UBS), added Bloomberg. Reference Link | |
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