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Stock Market & Financial Investment News

News Breaks
February 20, 2014
07:10 EDTDBDeutsche Bank announces EU775M settlement with Kirch Group
Deutsche Bank announced that it has reached a settlement with Kirch Group to conclude all legal disputes between the two parties. The settlement is based on the proposal of the Munich Higher Regional Court from March 2011 and provides for a payment of 775M euros, plus interest and a lump-sum reimbursement of costs. Due to existing provisions the settlement will result in a decrease of the results of approximately 350M euros after tax, Deutsche said. The charge will be reflected in Q4.
News For DB From The Last 14 Days
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August 28, 2015
06:28 EDTDBProsecutor wants to summon Murdoch, others in Deutsche Bank case, Reuters says
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August 27, 2015
18:02 EDTDBU.S. may prohibit Deutsche Bank, others from managing pensions, Bloomberg says
In correspondence dated mid-July, the U.S. Labor Department tentatively rejected requests from Deutsche Bank (DB), UBS (UBS), RBS (RBS) to manage U.S. pension funds, reports Bloomberg, citing letters between the organizations. Bloomberg notes that the Department could use the "threat of denial" to mandate stricter conditions on pension management. Reference Link
August 26, 2015
12:06 EDTDBDeutsche Bank traders questioned by SFO in Libor probe, Bloomberg says
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August 18, 2015
09:02 EDTDBDeutsche AWM acquires Wicker Park Commons shopping plaza
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06:49 EDTDBDeutsche Bank reorganizes FIC business, FT reports
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