|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's range||16.102 - 16.330|
|52-week range||16.102 - 16.330|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Italy's Banca Carige (Dusseldorf: -BJ51.DU - news) is set to sign an underwriting accord with banks for its share issue on Friday or over the weekend, a source close to the matter said, paving the way for the launch of a capital raise needed to safeguard its future. Carige, saddled with a heavy burden of bad loans and accumulated losses, needs the 560 million euro ($661 million) share issue to prevent it being wound down. Carige should launch the share issue around the middle of next week, the person added.
John Cryan, the British-born chief executive of Deutsche Bank (IOB: 0H7D.IL - news) , has a refreshing habit of speaking plainly. Five months into the job, in November 2015, he told an industry conference that bankers were paid too much and that he couldn't understand why they needed to be paid bonuses. Mr Cryan was as good as his word.
The tycoon behind Zoopla and uSwitch has made a secret takeover bid for Gocompare.com valuing the rival price comparison site at more than £400m. Sky News has learnt that ZPG, which is headed by the entrepreneur Alex Chesterman, approached the board of Gocompare in recent days to propose buying the company for a price thought to be in the region of 110p-a-share. The proposal is said to have been rejected by Gocompare's board, which is chaired by Sir Peter Wood, one of the most successful figures in British insurance.
Deutsche Bank (IOB: 0H7D.IL - news) on Monday downgraded German equities to "underweight" from "overweight", following a strong rally that has taken the country's benchmark to a series of record highs. Germany's DAX index has gained nearly 14 percent so far this year, compared with a 6.6 percent rise for the pan-European STOXX 600 index. Aside from Italy , it is the strongest-performing major equity market year-to-date.
To rebuild trust, John Flannery, who has been CEO of General Electric for only three months, will roll out plans to revive the company on Monday
** Deutsche Bank, in a note on the security industry, says the larger and better capitalised companies will win out given customer demand for technology integration and ongoing consolidation ** DB upgrades ...
HONG KONG, Oct (Shenzhen: 000069.SZ - news) 30 (IFR) - HSBC's pre-tax profit soared five-fold in the third quarter as its post-crisis restructuring comes to an end and the bank switches its attention to growth, led by its Asian business. HSBC said on Monday its profit for the three months to the end of September came in at US$4.62bn, up from US$843m in the same period last year when the bank booked a US$1.7bn loss following the sale of its Brazil operations. On an adjusted basis, revenues rose 3% to US$13.03bn and pre-tax profit dipped 1% to US$5.44bn.
HONG KONG, Oct (Shenzhen: 000069.SZ - news) 30 (IFR) - HSBC reported an almost fivefold increase in pre-tax profit for the third quarter as its post-crisis restructuring comes to an end and the bank switches its attention to growth. Its reported profit for the three months to September 30 came in at US$4.62bn versus US$843m for the same period last year, as revenue grew 36% year on year to US$12.98bn - its third straight quarterly increase. Adjusted pre-tax profit dipped 1% to US$5.44bn due to higher operating expenses, which was attributed to an increase in performance-related pay and greater investment across retail and wealth-management businesses.
FRANKFURT, Oct (Shenzhen: 000069.SZ - news) 26 (Reuters) - Deutsche Bank (IOB: 0H7D.IL - news) , which is struggling to keep pace with Wall Street firms, will pay higher bonuses in 2017 after a sharp cut last year, one person with knowledge of the plan said. The final bonus "pool" will largely depend on how Europe's most prominent investment bank fares through the end of the year as well as what its competitors pay. A resumption of big bonuses is not a sign of a turnaround at the once high-flying investment bank, but an effort to prevent defections.
Germany's biggest lender Deutsche Bank's operating profit increased 51 percent, to 933 million euros, but revenue fell 7.0 percent to 6.8 billion euros
MADRID, Oct (Shenzhen: 000069.SZ - news) 26 (Reuters) - Banco Santander (Amsterdam: 817651.AS - news) 's net profit was hit by one-off restructuring costs from its acquisition of troubled Banco Popular, which offset otherwise solid underlying third quarter results from Spain's biggest lender. Santander's shares were up 0.7 percent on Thursday, against a 0.5 percent drop on the European STOXX banking index, after it reported a net profit of 1.46 billion euros ($1.73 billion). Analysts, who on average had forecast a net profit of 1.85 billion euros, had expected Santander to begin booking costs related to Popular (NasdaqGS: BPOP - news) in the last quarter of 2017.
LONDON, Oct (Shenzhen: 000069.SZ - news) 26 (Reuters) - The euro climbed for a third day and stocks slipped to a month low on Thursday, as traders waited for formal confirmation from the European Central Bank that will take its biggest step yet in unwinding years of loose monetary policy. Banking stocks were also in focus as Europe's Deutsche Bank (IOB: 0H7D.IL - news) (DBKGn.DE ) and Barclays (LSE: BARC.L - news) both tumbled after results, and South Africa's markets lurched lower again after its budget on Wednesday had rattled investors. In a pre-ECB appetiser, Sweden and Norway's central banks both kept their interest rates on hold.
FRANKFURT, Oct (Shenzhen: 000069.SZ - news) 26 (Reuters) - Deutsche Bank (IOB: 0H7D.IL - news) posted a 10 percent drop in revenue in the third-quarter, reflecting a weak market and the effects of a major restructuring. "While the revenue environment remained challenging, we have made significant progress on our key initiatives," Chief (Taiwan OTC: 3345.TWO - news) Executive John Cryan said in a statement. Deutsche Bank last March announced an overhaul that includes the integration of its Postbank retail bank unit with its own in-house Deutsche Bank-branded consumer bank, as well as the partial sale of its asset management unit.
World equity markets finally pulled back on Wednesday after another relentless series of new records as investors closely monitor the risk of two things that could halt one of the longest bull markets ...
Oct (Shenzhen: 000069.SZ - news) 25 (Reuters) - Deutsche Bank AG (IOB: 0H7D.IL - news) has agreed to pay $220 million to settle U.S. regulatory charges that it defrauded government and nonprofit entities by manipulating Libor and other benchmark interest rates. The settlement with the German bank was announced on Wednesday by the attorneys general of New York and California, Eric Schneiderman and Xavier Becerra, who led the probe by 44 U.S. states and Washington, D.C. Deutsche Bank is the second bank to settle the multistate probe, following a $100 million settlement by Britain's Barclays (Swiss: BARC.SW - news) Plc in August 2016.
LONDON, Oct 17 - Barclays has hired Omar Faruqui to co-head its UK mergers and acquisitions advisory business alongside Derek Shakespeare. Faruqui will join Barclays in January and report to Matthew Smith, ...
PARIS, Oct (Shenzhen: 000069.SZ - news) 17 (Reuters) - European Union plans to scrutinise clearing of euro-denominated derivatives outside the bloc could fragment markets and cost EU customers 20 billion euros ($23.5 billion) a year, London Stock Exchange Chief Executive Xavier Rolet said on Tuesday. The LSE owns LCH in London, the dominant clearing house for interest rate swaps in Europe denominated in euros. The EU plans to propose joint supervision of foreign clearing houses that serve the bloc's customers.
LONDON, Oct 16 - Exotix Capital, the emerging markets-focused investment bank, has hired former Morgan Stanley banker Chiamaka Ezenwa as head of investment banking for West Africa, one of a trio of senior ...
Citigroup Inc, Deutsche Bank AG and HSBC Holdings Plc have agreed to pay a combined $132 million to settle a U.S. class action brought by futures traders accusing them of manipulating the Libor benchmark ...
Germany's benchmark DAX index hit a fresh record high on Thursday topping above 13,000 points for the first time in its 30-year history, helped by a pullback in the euro and optimism about global economic ...