Deutsche Bank set for UK dealmaking push as £410m Numis takeover completes
Deutsche Bank is set to upend the UK investment banking landscape after completing the £410m acquisition of City broker Numis,...
archiveBanking/Credit
Close your equity hedge and go overweight European stocks, says Deutsche Bank
European bourses rallied hard Tuesday, as Deutsche Bank recommended closing its hedge on equity exposure and going overweight stocks.Buoyed by...
Citigroup to cut 35 UK investment banking jobs as dealmaking drought continues
Citigroup is set to cut 35 jobs in its UK investment bank amid a sweeping reorganisation unveiled by its chief...
‘We are not the typical US player’
Breaking into Europe’s competitive exchange traded funds market has been a long-standing ambition for ARK Invest, the US firm founded...
Can JPMorgan make Nutmeg a success two years after its landmark deal?
In 2021, JPMorgan executives were considering taking a stake in digital wealth manager Nutmeg. But there was a problem —...
Citigroup set to cut UK jobs after CEO Jane Fraser’s sweeping changes
Citigroup is set to roll out job cuts in its UK operations next week as the Wall Street bank simplifies...
European Banks Should be More Globally Competitive, Deutsche Bank CEO Says
Published: Sept. 20, 2023 at 4:20 a.m. ET By Pierre Bertrand European banks are lagging behind their international competitors, lacking...
American Airlines, Moderna, Ford, Citigroup, Apple, and More Stock Market Movers
American Airlines (ticker: AAL) slid 5.7% after cutting guidance, prompted by higher labor costs following its pay agreement with pilots...
G20 Shows Signs of Global Cooperation on Crypto, Taxes
Leaders of the Group of 20 nations agreed to give global tax authorities greater insight into cryptocurrency transactions, a sign...
Bank of America hires trio for European equities business
Bank of America made three new senior hires as part of plans to further bolster its equities division in Europe....
