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Nomura has some bad luck

Compact Mirror

Nomura, trying to regain its lost dominance in advising on Japanese mergers and acquisitions, is facing tough competition from bigger rivals and some bad luck.

Deutsche Bank braced for FX fines

Deutsche Bank - External

Deutsche Bank is preparing for fines in connection with investigations into possible manipulation of emerging markets currency rates and is also braced for civil lawsuits, two sources familiar with the views of the bank's management said.



Italy Flag

C Suisse said to face Italian money laundering probe

Milan prosecutors are investigating Credit Suisse on suspicion of money laundering and tax evasion over billions of euros of insurance policies sold Italian clients and used to shield funds from authorities, people with knowledge of the case said.

Deutsche Bank - Foyer Bridge

Deutsche Bank sets trading unit target above 10%

Garth Ritchie, who leads Deutsche Bank’s trading business, told staff the firm is targeting a profitability target of more than 10% for the unit as Europe’s largest investment bank reorganizes in a bid to boost returns.