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Stock Market & Financial Investment News

News Breaks
February 11, 2014
08:17 EDTDB, GSGoldman, Deutsche Bank seek exit from uranium supplier, Reuters reports
Under the radar, Goldman Sachs (GS) and Deutsche Bank (DB) are attempting to get out of trading supplies of raw uranium known as yellowcake, a business few know they are in, reports Reuters. Both entered the uranium market in 2009, when tightening supplies threatened to send prices soaring. They would grow to handle almost a third of all uranium trades in the spot market, industry sources say. Neither firm would comment.Reference Link
News For GS;DB From The Last 14 Days
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May 28, 2015
15:49 EDTDBGeneral Electric retains Deutsche Bank to sell Interbanca, Reuters reports
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May 26, 2015
11:30 EDTDBDeutsche Bank settles SEC charges over misstated reports for $55M
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08:17 EDTGSGoldman hired by Carlyle for potential stake sale in Telecable, Reuters reports
Goldman Sachs (GS) has been hired by Carlyle (CG) to advise the company on a possible sale of its 85% stake in Telecable, a Spanish telecoms operator, Reuters reports, citing two sources. Reference Link
06:04 EDTGSGoldman seeks to target $1B in renewable energy bonds in Japan, Reuters says
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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 20, 2015
08:21 EDTGSATM data theft soars to highest rate in two decades, WSJ says
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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 EDTGS, DBUnivision IPO could launch 'in weeks,' NY Post reports
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