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Stock Market & Financial Investment News

News Breaks
April 23, 2014
06:55 EDTDBDeutsche makes cuts to Latin America equities team, Bloomberg said
Deutsche Bank is cutting its equities staff in Latin America and contemplating shutting down that business in Chile as companies sell less shares and the firm reins in expenses, according to Bloomberg, citing two people with knowledge of the matter. The bank is reducing its team for that business in Sao Paulo, Santiago and New York and isn't planning cuts in Mexico. Reference Link
News For DB From The Last 14 Days
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April 17, 2015
06:33 EDTDBSources: Halliburton hires BofA, Deutsche Bank to sell assets, Reuters reports
According to sources, Reuters reports that Bank of America (BAC) and Deutsche Bank (DB) have been hired by Halliburton (HAL) to sell two assets that could be valued at up to $5B. Bank of America will work to sell some of Halliburton's Sperry Drilling business, including logging-while-drigging, directional drilling and measuring-while-drilling, while Deutsche Bank is mandated to sell Halliburton's drill bits businesses. Halliburton is seeking to divest some assets to ease regulators' antitrust concerns in its $35B merger deal with Baker Hughes (BHI). Reference Link
April 15, 2015
06:41 EDTDBECB authorizes new emergency funding for Greek banks, Reuters reports
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06:20 EDTDBDeutsche Bank fined $8.4M by Dubai Financial Services Authority
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April 13, 2015
20:02 EDTDBDeutsche Bank to reach decision on future business model next week, Reuters says
Deutsche Bank's management board will reach a decision on the company's future business model by next week and present its plans during an April 24 extraordinary supervisory board meeting, reports Reuters, citing the newspaper Handelsblatt. The strategy could be made public April 29, said the report. Reference Link
14:44 EDTDBDeutsche Bank decision on business model due next week, Reuters says
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April 9, 2015
16:58 EDTDBDeutsche Bank close to deal in LIBOR case, NYT reports
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16:54 EDTDBDeutsche Bank close to deal in LIBOR case, NYT reports
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April 6, 2015
16:31 EDTDBDeutsche Bank begins talks to sell Plenary Group stake, AFR says
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