Results for Germany
- With a Fine Looming, Deutsche Bank Is Still Issuing Debt
Deutsche Bank has received a cautious vote of creditor confidence. The German lender is issuing expensive debt, the International New York Times DealBook blog reported. That shows it can get access to markets, despite a feared $14 billion American re ...
Daily Headline - global.abi.org - 10/12/2016 - 21:05 - 0 comments
- Deutsche Bank Given Special Treatment In Stress Test
Deutsche Bank was given special treatment in the summer stress tests that promised to restore faith in Europe’s banks by assessing all of their finances in the same way, the Irish Times reported. Germany’s biggest lender, whose share price fell as mu ...
Daily Headline - global.abi.org - 10/10/2016 - 21:19 - 0 comments
- Deutsche Bank to Cut an Additional 1,000 Jobs in Germany
Deutsche Bank said on Thursday that it would eliminate 1,000 full-time positions in Germany as part of job cuts the embattled lender first announced last year, the International New York Times DealBook blog reported. The announcement comes with Deuts ...
Daily Headline - global.abi.org - 10/06/2016 - 20:49 - 0 comments
- Deutsche Bank Singled Out in I.M.F. Stability Warning
The International Monetary Fund did not bring up Deutsche Bank’s name when it warned in its financial stability report that cash-poor banks in Europe with outdated business models posed a threat to the financial system, the International New York Times ...
Daily Headline - global.abi.org - 10/05/2016 - 22:33 - 0 comments
- Deutsche Bank Troubles Raise Fear of Global Shock
Germany’s largest bank appears in danger, sending stock markets worldwide on a wild ride. Yet the biggest source of worry is less about its finances than a vast tangle of unknowns — not least, whether Europe can muster the will to mount a rescue in the e ...
Daily Headline - global.abi.org - 10/03/2016 - 00:37 - 0 comments
- As Deutsche Bank Struggles, German Lawmakers Say No More Help for Ailing Banks
Germany will not help ailing lenders such as Deutsche Bank, senior lawmakers in Chancellor Angela Merkel's conservative bloc said today, as resistance grew to any possibility of staging a rescue, Reuters reported. Concerns over the stability of Germ ...
Daily Headline - abi_admin - 09/29/2016 - 15:09 - 0 comments
- Deutsche Bank Risk Measures Soar on Financial Health Concern
The cost of insuring Deutsche Bank AG’s subordinated debt rose to a record amid growing concerns about the lender’s financial health, Bloomberg News reported today. Credit-default swaps on the German lender’s junior bonds jumped as much as 37 basis point ...
Daily Headline - abi_admin - 09/27/2016 - 13:31 - 0 comments
- Allianz Exploring Options for Its OLB Banking Unit
Allianz is in talks with interested parties about the partial or total sale of regional private bank Oldenburgische Landesbank AG (OLB), which is 90 percent owned by the German insurer, Reuters reported today. U.S. private equity group Apollo and Germany ...
Daily Headline - abi_admin - 09/27/2016 - 13:32 - 0 comments
- Number Of German Company Bankruptcies Falls Further In H1
roughly 3 percent to 39,228. The German economy grew by 0.7 percent in the first quarter and by 0 ...
Daily Headline - global.abi.org - 09/14/2016 - 23:17 - 0 comments
- German Oilseed Mill Naturoel Anklam Files For Insolvency
German oilseed crushing mill Naturoel Anklam has filed for insolvency at a local court, said its parent, German farm company KTG Agrar which is itself insolvent, Reuters reported. Naturoel Anklam, based in Anklam in east Germany, processes about 100,000 ...
Daily Headline - global.abi.org - 08/18/2016 - 22:35 - 0 comments