Deutsche Bank
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Banking crisis: Is the whipsaw in Deutsche Bank shares pointing to trouble?
•Deutsche shares, which have lost a fifth of their value so far this month, were last down 5.5 per cent at 8.843 euros ($9.57), not far off Monday's five-month low
Europe’s recession to deepen further, forecasts Deutsche Bank
Fp Staff •Central Bank Vice President Luis de Guindos said that even a recession over the winter is not enough to reduce inflation without further rate hikes
TCS all set to acquire Deutsche Bank's IT business by end of 2020
Trendingdesk •Deutsche Bank has on Monday (9 November) announced an agreement concerning the sale of Postbank Systems AG to and Tata Consultancy Services (TCS) Ltd.
Gold prices slip after rising 1% in previous session as dollar firms up; weak equities cap losses
•Spot gold eased 0.2 percent to $1,689.45 per ounce by 0031 GMT, while plummeting US crude oil prices increased bullion’s safe-haven appeal on Monday.
Coronavirus Outbreak: European banks are well-prepared for a crisis, just not this particular one
•The financial impact of the coronavirus — visible in shuttered factories, empty airports and desolate downtowns — makes government worst-case scenarios, a 4.3 percent decline in European Union economic output by the end of 2022, seem mild
Stock Market Today Latest Updates: Market ends in red on Day 1 of FY21; Sensex plunges over 1,200 points, Nifty below 8,300-mark
Fp Staff •Stock Market Today LIVE Updates: Sensex 430 points down, Nifty below 8,600 mark; Kotak Mahindra, ONGC among top losers
Qbera could be merged with mValu, the fintech lending arm of InCred; a deal valued at $10-15 mn
Pratik Bhakta •Qbera works with banks and NBFCs to process personal loans for employed and self-employed individuals.
HSBC lays off 150 employees supporting global operations from back offices in India as part of move to realign operations
•The move comes weeks after Deutsche Bank also started laying off employees supporting global operations as part of the exit from the equities business
Deutsche Bank faces battle in its own backyard as number of domestic and foreign banks muscle in on German lender's business
•Online retailer Zalando is just the kind of fast-growing German business with foreign expansion plans that Deutsche Bank Chief Executive Christian Sewing needs to help drive the struggling lender’s recovery
Deutsche Bank posts second-quarter loss of $3.51 bn on restructuring costs, revenue likely to decline in 2019
•Revenue at Deutsche’s cash-cow bond-trading division dropped 4% in the quarter, while equities sales and trading revenue dived 32%, underscoring continued weakness at the lender’s investment bank.