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Deutsche Bank shares fell for a third day, dropping more than 12 per cent after a sharp jump in the cost of insuring its bonds against the risk of default
Deutsche Bank's AT1 bonds have tumbled in value after Switzerland wiped out Credit Suisse's securities in the deal for it to be taken over by UBS
The German bank's deliberations so far are internal and it hasn't made any concrete proposals to the Swiss lender yet, said sources
One-year credit default swaps for the embattled Swiss lender were indicated at 835.9 basis points on Tuesday's close of business
Barclays Plc, Standard Chartered Plc and Deutsche Bank AG are among banks that lent Adani $4.5 billion to finance the purchase of Holcim Ltd. cement assets last year
The proposal came up in a meeting between RBI deputy governor T Rabi Sankar and senior officials from European banks
JPMorgan was accused in the suit of "financially benefiting from participating" in the alleged sex trafficking through providing financial support from 1998 to August 2013
Multiples Alternate Asset had acquired the stake for Rs 250 crore in 2018
One of Xiaomi's four frozen bank accounts in India is at Deutsche, according to the court documents
Credit Suisse Group AG hired about 20 banks to help with a $4 billion capital increase that will help fund the extensive restructuring unveiled last week
Shares in the Swiss banking giant plummeted 12% to an all-time low on Monday after a weekend of fevered Twitter speculation about its financial health, before they regained almost all of the losses
India's headline retail inflation is expected to rise to a five-month high of 7.4% in September, with the risk of going higher if the momentum of food and vegetable prices picks up further in the rest
"The longer inflation remains high, the greater the strain and the higher the potential for social conflict," Sewing said.
India's overall foreign exchange reserves will deplete further this year due to a ballooning current account deficit and interventions by the central bank to support the rupee, Deutsche Bank said
The risks to food inflation persist with negative seasonality kicking in for the September-November period, the bank said
Das added that the central bank may consider 35 bps rate hike, should the U.S. Federal Reserve deliver a 75 bps rate hike on Sep. 21
HealthAssure is targeting the massive $ 40 billion OPD and Insurance market in India by 'productizing' the largest HMO ecosystem of primary care
The first non-European head of Deutsche Bank passes away at 59
Jain recently recruited teams of traders from larger rivals to work at Cantor Fitzgerald as that firm's chief, Howard Lutnick, expanded ambitions in trading and relationships with global investors
'As India emerges from the pandemic, and with the robust rebound in gross domestic product, we are seeing Corporate India using this period to deleverage'