Representatives from Germany's financial watchdog Bafin will visit the London offices of Deutsche Bank as it steps up investigations into alleged currency market manipulation, a source familiar with the process said on Monday.
Worldwide announced Mid-Market M&A deals valued up to $500 million (including undisclosed value deals) totaled US$736 billion for the full year 2013 – a 1% decrease year-on-year.
Deutsche Bank will withdraw from participating in setting gold and silver benchmarks in London after Europe’s top investment bank joined JPMorgan and Morgan Stanley in cutting back on commodities.
As the UK economic recovery takes root, it is beginning to feed through to the financial services sector, according to the latest CBI/PwC survey covering the three months to December.
Bank of America learned a ton about how to consolidate technology portfolios as it gobbled up other banks over decades of growth.
The shape of things to come ?
Deutsche Bank shares fell 5% on Monday morning after Germany's biggest lender rushed out a statement over the weekend announcing a surprise €1.15bn (£950m) pre-tax loss for the fourth quarter.
The same way we enjoy the consumer friendly Black Friday, we must also stand the depressing Blue Monday
Deutsche Bank and Citigroup are set to ease conditions for their interns and young bankers as controversy over gruelling hours for trainee bankers forces US and European investment banks to rethink their traditional working culture.
The world's wealthiest people aren't known for travelling by bus, but if they fancied a change of scene then the richest 85 people on the globe – who between them control as much wealth as the poorest half of the global population put together – could squeeze onto a single double-decker.
The clock is ticking for American tax dodgers around the world after BNP Paribas’ Swiss unit and two other banks joined a U.S. program to avoid prosecution, revealing the exact methods of Swiss bankers’ legendary discretion.
Houlihan Lokey has announced that J. Andrew Koecher has joined the firm as a Managing Director and Head of the Transaction Advisory Services (TAS) practice.
A US activist hedge fund has turned the screw on Roll-Royce by nearly doubling its stake in the struggling aircraft engine maker to 10%.