October 24, 2018

Deutsche Bank stumbles on path to profit as revenue recedes

Deutsche Bank’s bleak third quarter results and revenue forecast overshadowed its assertion on Wednesday that it is on track to return to profit this year, knocking […]
October 24, 2018

A banker’s woe: Chinese wealth may get harder to snag for global bankers

News of a foreign wealth manager being denied exit from China last week is raising concerns for global private banks, as they seek to tap trillions […]
October 24, 2018

Deutsche Bank to hold more liquidity in securities rather than cash: CFO

Deutsche Bank is planning to hold a larger portion of its 270 billion euros in liquidity buffers in securities rather than cash as it seeks to […]
October 24, 2018

Slump persists, China fails to stimulate markets hobbled by pledged shares

China is struggling to restore confidence in its stock markets, which are being weighed down by a massive amount of shares that have been pledged as […]
October 24, 2018

Danske Bank whistleblower to testify before European parliament: lawyer

Howard Wilkinson, the whistleblower who helped to reveal suspected money laundering at Danske Bank , has accepted an invitation to testify before the European Parliament, his […]
October 24, 2018

Exclusive: UK to remain BlackRock’s EMEA HQ after Brexit – memo

BlackRock, the world’s largest asset manager, will keep its biggest European operation and regional headquarters in Britain after Brexit, moving “only very few” roles to expanded […]
October 24, 2018

Asia stocks edge up on China stimulus hopes, oil near two-month lows

Asian stocks turned up on Wednesday as fresh signs of stimulus from China propped up sentiment despite Wall Street’s overnight losses, while crude oil approached two-month […]
October 24, 2018

South Korea’s LG Display swings to third-quarter profit on seasonal price boost

South Korea’s LG Display Co Ltd posted a 76 percent fall in third-quarter profit on Wednesday compared with a year earlier, after two quarters of consecutive […]
October 24, 2018

Asia stocks struggle as global woes persist, oil near two-month lows

Asian stocks edged lower on Wednesday as concerns, ranging from worries about U.S. corporate earnings to Middle East tensions, weighed on sentiment while crude oil approached […]
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