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Stock Market & Financial Investment News

News Breaks
March 13, 2012
12:51 EDTZFSVY, DBZurich Financial proposes Josef Ackermann as chairman
Zurich Financial Services Group (ZFSVY) announced that the current Board of Directors is proposing that after the Annual General Meeting of March 29, 2012, the newly elected Board shall elect at its constituent meeting Mr. Josef Ackermann as Chairman and Mr. Tom de Swaan as Vice Chairman of the Board. Mr. Ackermann will retire from his position as Chairman of the management board of Deutsche Bank (DB) by the end of May. During this short transition period the Vice Chairman shall administer the board business.
News For ZFSVY;DB From The Last 14 Days
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September 18, 2014
07:52 EDTDBUBS Chair says litigation bigger worry than stress test, Bloomberg reports
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06:39 EDTDBEuropean banks take out EUR83B of loans from central bank, NY Times says
European banks agreed to take out EUR83B in low interest loans from the European Central Bank, as part of a program in which all of the funds must be loaned to businesses or individuals, or repaid to the central bank within two years, according to The New York Times. Several analysts had said that they would be disappointed if banks took out less than EUR100B in loans, but a number of analysts said that a second round of the program, due to occur in December after stress tests have been completed, may be more popular, the newspaper stated. Publicly traded European 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
September 16, 2014
14:44 EDTDBVirginia AG files $1.15B lawsuit against banks that sold RMBS during crisis
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September 15, 2014
07:49 EDTDBDOJ, FBI 'flip' bank informants as part of forex probe, WSJ says
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September 8, 2014
07:29 EDTDBNYSSA to hold a discussion
Russian and Central & Eastern European Capital Markets will be discussed at the NYSSA New York Conference Center on September 8 at 6 pm.

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