Deutsche

Six global banks to be fined by EU in rate probe

EU antitrust regulators are set to fine six global banks including Deutsche Bank, JPMorgan and HSBC after an investigation into the rigging of benchmark euro zone interest rates, a person familiar with the matter said on Tuesday.

Cement industry likely to see upturn: Deutsche Bank

Despite challenges arising from overcapacity which is putting pressure on margins, the cement industry is likely to see a cyclical upturn said Deutsche Bank.