Markets bracing for ‘no landing’ world economy scenario curb risk appetite Markets, bracing for a “no landing” scenario where global economic growth is resilient and inflation stays ... Updated 23 Feb, 2023 06:21am
Business & Finance Adani looks to repay $500mn bridge loan taken for cement deals BENGALURU: India’s embattled Adani Group is in talks with lenders to repay a $500 million bridge loan facility it... Updated 15 Feb, 2023 03:09pm
Business & Finance Deutsche Bank posts biggest annual profit in 15 years FRANKFURT: Germany’s Deutsche Bank on Thursday said it booked its highest annual profit since 2007 last year, thanks... Published 02 Feb, 2023 05:28pm
Business & Finance Deutsche Bank investment banking bonus pool down less than 10pc FRANKFURT: Deutsche Bank’s investment banking bonus pool for last year will fall by somewhat less than 10%, a... Published 23 Jan, 2023 05:57am
Business & Finance Deutsche Bank declares: PLS profit rate KARACHI: The Deutsche Bank has declared the following rates of profit on various types of PLS deposit of six months... Published 19 Jan, 2023 05:58am
Business & Finance Global banks cut jobs as cost pressures mount LONDON: Global banks are in the process of cutting at least 5,000 jobs as profits at lucrative investment banking... Published 16 Jan, 2023 06:18am
World JPMorgan, Deutsche Bank seek dismissal of lawsuits by Jeffrey Epstein accusers NEW YORK: JPMorgan Chase & Co and Deutsche Bank AG asked a US judge to dismiss lawsuits by women who accused... Published 02 Jan, 2023 07:35am
Business & Finance Investment banks ramp up peak rates forecasts after hawkish ECB LONDON: A flurry of investment banks raised their forecasts for where euro zone interest rates will peak, after the... Published 19 Dec, 2022 07:27am
Opinion Deutsche Bank’s rollercoaster ride towards more stability In 2019, Deutsche Bank set out on a journey to cut dependence on its volatile investment bank and rely instead on... Published 17 Dec, 2022 05:58am
Business & Finance India’s economy likely slowed to annual 6.2% in July-Sept BENGALURU: The Indian economy likely returned to a more normal 6.2% annual growth rate in July-September after... Published 28 Nov, 2022 11:39am
Markets Deutsche Bank warns of peril in borrowing from US banks FRANKFURT: Germany’s Deutsche Bank has a stark warning to European companies borrowing from US lenders: They will... Published 25 Nov, 2022 07:21pm
Markets Deutsche Bank net profit soars to 1.1 billion euros in Q3 BERLIN: German banking giant Deutsche Bank on Wednesday said its third-quarter net profit had risen more than... Published 26 Oct, 2022 10:55am
Print Deutsche Bank HQ raided in tax fraud probe FRANKFURT: The headquarters of Germany’s biggest lender Deutsche Bank were raided on Tuesday as part of... Published 19 Oct, 2022 06:44am
Business & Finance IMF, World Bank leadership assure Dar of continued support for Pakistan Dar assures incumbent government is committed to completing IMF programme Updated 14 Oct, 2022 11:18pm
Business & Finance Moody’s upgrades Deutsche Bank, latest in string of similar moves FRANKFURT: Moody’s on Wednesday upgraded Deutsche Bank’s credit rating, a vote of confidence as the German lender... Published 12 Oct, 2022 08:33pm
Markets Ten-year yield hits 12-year high above 4% as bond markets tremble SYDNEY: Benchmark 10-year US Treasury yields topped 4% on Wednesday as the ongoing collapse of British gilts shook... Published 28 Sep, 2022 01:21pm
Business & Finance Analysis: Price hikes test Zara owner Inditex's ability to stay in fashion MADRID: Zara owner Inditex's strong first-half results show its strategy of raising prices since early 2022 paying... Published 15 Sep, 2022 03:10pm
Opinion Europe’s banks dim lights as they brace for winter blackout Some of Europe’s biggest banks are preparing back-up generators and to dim the lights as they brace for potential... Published 08 Sep, 2022 06:29am
World New UK leader Liz Truss finalizes huge power subsidy plan LONDON: Britain's new Prime Minister Liz Truss on Wednesday readied the final details of a plan to tackle soaring... Published 07 Sep, 2022 11:55pm
Opinion Faltering US stocks rally could see volatility-control funds turn sellers Certain volatility-linked investment strategies could ramp up selling of equities if turbulence in the stock market,... Published 03 Sep, 2022 04:25am
Markets Asian shares rise as hopes for audit deal boost China tech SYDNEY: Asian shares rose on Friday, buoyed by news of possible progress for China and the United States to hammer... Published 26 Aug, 2022 10:22am
Opinion US, European banks could lose over $5bn from risky buyout loans Top US and European banks are facing tougher times in the riskiest parts of the loan market. The biggest US ... Published 18 Aug, 2022 05:27am
Markets Wall St Week Ahead: Soft landing hopes for US economy brighten outlook on stocks NEW YORK: Optimism is seeping back into the US stock market, as some investors grow more convinced that the economy... Published 15 Aug, 2022 05:41am
Opinion Luxembourg banks told to freeze Ecuador assets amid Perenco dispute, documents show A Luxembourg bailiff has ordered banks to freeze assets held by Ecuador at accounts in the country as a result of a... Published 02 Aug, 2022 05:36am
Business & Finance Asia posts biggest 6-month drop in FX reserves since 2015-16 SINGAPORE: Foreign exchange reserves in Asia have recorded their biggest six-month decline in years, a testament to... Published 02 Aug, 2022 05:36am
Markets Deutsche Bank extends profit streak in Q2 but warns on economy FRANKFURT: Deutsche Bank posted a better-than-expected 51% rise in second-quarter profit on Wednesday as investment... Published 27 Jul, 2022 11:16am
Business & Finance Deutsche Bank’s investment banking coverage chief to depart NEW YORK: Deutsche Bank’s global investment banking coverage and advisory chief Drew Goldman will step down and be... Published 26 Jul, 2022 04:31am
Opinion Europe’s banks brace for bumpy ride after cheap money decade Europe’s banks, facing a potential economic storm and a rise in borrowing costs for the first time in more than a... Published 23 Jul, 2022 04:10am
Business & Finance Deutsche Bank declares PLS profit rates KARACHI: The Deutsche Bank has declared the following profits rates on PLS deposits for half year ended on June 30,... Published 16 Jul, 2022 04:20am
Business & Finance DWS boss steps down FRANKFURT: The chief executive of DWS stepped down, the German asset manager said Wednesday, after the financial... Published 06 Jun, 2022 05:57am