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Stock Market & Financial Investment News

News Breaks
January 19, 2014
18:19 EDTDBDeutsche Bank reports preliminary Q4 net loss of EUR 1B
Reports preliminary Q4 revenue EUR 6.6B, down 16% from prior year. The decline largely reflected weaker results in Corporate Banking & Securities, and a smaller decrease in Global Transaction Banking, revenues. Quarterly revenues in Deutsche Asset & Wealth Management were up 8% and unchanged in Private & Business Clients from the prior year period.
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August 28, 2014
06:35 EDTDBEuro zone credit crunch showing signs of improving, Reuters says
Loans to the private sector by euro zone banks dropped 1.6% in July versus the same period a year earlier, compared with a year-over-year decline of 1.8% in June, according to Reuters. Meanwhile, the bloc's M3 money supply increased at a 1.8% annual rate in July, versus 1.6% in June, the news service added. The upturn in the data comes after the European Central Bank started charging banks in June to keep their deposits overnight, Reuters added. Publicly traded euro zone 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
06:27 EDTDBDeutsche Bank fined GBP4.7M by FCA for failing to properly report transactions
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August 27, 2014
09:03 EDTDBDeutsche Asset & Wealth Management acquires 222 Broadway in New York City
Deutsche Asset & Wealth Managementís real estate investment business announced that it has acquired 222 Broadway in New York City for one of its investment funds, in conjunction with L&L Holding Company, a Manhattan-based owner/operator of Class A properties. 222 Broadway is a Class-A office and retail building, comprising 775,000 square feet in downtown Manhattan.
August 21, 2014
12:50 EDTDBDeutsche Bank divests natgas trading book to Morgan Stanley, Reuters says
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August 18, 2014
09:20 EDTDBDeutsche Bank appoints Shannon Americas Chief Information Officer
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