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Stock Market & Financial Investment News

News Breaks
February 1, 2013
10:16 EDTDBHedge funds in running to buy Deutsche Bank credit portfolio, Reuters says
In a move to reduce its risk-weighted assets and boost capital, Deutsche Bank (DB) is planning to sell a complex credit trading portfolio, Reuters reports. A source says the bank wants to shed EUR16B of RWAs by the end of March from its non-core operations unit. Two credit hedge funds are in the running to purchase the portfolio, a market source says. Reference Link
News For DB From The Last 14 Days
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May 26, 2015
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
06:04 EDTDBUnivision IPO could launch 'in weeks,' NY Post reports
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