Prudential Financial Inc. hired Frank Garcia, a former property investments manager at Deutsche Bank AG.
Tags: Deutsche Bank AG
Deutsche Bank AG set to face administrative probe for actions on Kirch companies
The companies comprising the Kirch conglomerate testified the bank had assisted in the demise of the firm.
BaFin announces top to bottom review of RHJI acquisition of Deutsche Bank's BHF Bank.
BaFin had said they would review the whole transaction of RHJI purchase of BHF Bank. BaFin, the German financial watchdog, had announced last Wednesday it would be needing to start from scratch in the review of the sale of Deutsche Bank AG's unit BHF Bank after BlackRock had exited from the auction.
Deutsche Bank conducts internal inquiry
Like many other regulatory authorities, Deutsche Bank is conducting an internal review of conversations and electronic communication for allegations of rigging the the benchmark interest rates.
Deutsche Bank's Dixon to leave bank
Deutsche Bank trader Troy Dixon was said to leave the bank and start his own hedge fund, according to sources who asked not to be identified as the matter was held private in nature.
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Europe's largest bank is forced to cut costs after profits drop nearly 50%. Europe's Deutsche Bank AG announced its plans to cut assets by EUR 250 billion (US$332 billion) earlier today, following the dramatic decline in its profits.
Sources stated that Extended Stay Hotels is preparing for an IPO later this year. Sources stated that Extended Stay Hotels is preparing to sell stakes in the company to the public.
India’s government held a meeting today with as many as eight banks as it weighed its options to sell the country’s debt abroad.
Deutsche Bank, according to its CFO, needs to change balance sheet to comply with new capital requirements.
Hedge fund group is seeking to break up Kleinwort Benson for poor performance and 'erratic' management strategy.
NorthStar and sponsored firm funds US$255 million loan over Milford Plaza Hotel in Times Square, New York.
Mitsubishi UFJ Financial Group deals with Morgan Stanley and Deutsche Bank AG for deals. The American unit of Mitsubishi UFJ Financial Group Inc is in discussion about its sale of its trust banking services to clients of Morgan Stanley.
