24/7 Wall St. (Free subscription) | 20/11/2009
Dillard’s Inc. (NYSE: DDS) rose as high as over 10% to a yearly high of $15.79 after the department-store chain was upgraded by Deutsche Bank AG. Dress Barn Inc. (NASDAQ: DBRN) rose as high as 9.2% to a yearly his of $22.42 after the women’s clothing retailer announced earnings of $0.37, beating analysts estimates. The J.M. [...]
Reuters UK (Free subscription) | 19/11/2009
NEW YORK, Nov 19 (Reuters) - Moody's Investors Service placed Deutsche Bank AG on review for possible downgrade on Thursday due to possible credit-related writedowns that may weigh on profits, the rating agency said.
Market Watch (Free subscription) | 19/11/2009
SAN FRANCISCO (MarketWatch) -- Moody's Investors Service on Thursday placed Deutsche Bank AG's Aa1 long-term ratings on review for possible downgrade. The ratings agency noted that the bank is one of the stronger financial companies in the world. "However, the counterparty exposures arising from those risk mitigation strategies, combined with a greater risk appetite in its capital markets activities,...
PR News Wire (Free subscription) | 17/11/2009
LONDON, Nov. 17 /PRNewswire-FirstCall/ -- Deutsche Bank AG (NYSE: DB), acting through its London branch (the "Bank"), today announced the commencement of a cash tender offer for up to $958,000,000 aggregate principal amount, subject to the Tender Baskets (as defined below) specified below (the "Maximum Tender Amount"), of certain series of certificates listed in the table below...
KeNo's Housing and Economic Portal (Free subscription) | 15/11/2009
KeNosHousingPortal.blogspot.com TOP STORIES : New York Feds Secret Choice to Pay for Swaps Hits Taxpayers - ( www.bloomberg.com ) In the months leading up to the September 2008 collapse of giant insurer American International Group Inc., Elias Habayeb and his colleagues worked nights and weekends negotiating with banks that had bought $62 billion of credit-default swaps from AIG, according to a person...
DealBreaker (Free subscription) | 13/11/2009
Jamie Dimon: Banks Should Be Allowed To Expand--And Fail (WaPo) "Ending the era of "too big to fail" does not mean that we must somehow cap the size of financial-services firms. Scale can create value for shareholders; for consumers, who are beneficiaries of better products, delivered more quickly and at less cost; for the businesses that are our customers; and for the economy as a...
Reuters (Free subscription) | 13/11/2009
(Reuters) - Some former bankers are planning to bid for failing banks in the Federal Insurance Deposit Corp auction process, and getting financial backing from Wall Street firms like Goldman Sachs Group Inc and Deutsche Bank AG, the Wall Street Journal reported citing sources.
Hedge Fund Jobs (Free subscription) | 11/11/2009
Hedge Funds Invest in Australia Hedge Funds Fill Funding Gap For Australian Companies Australian companies are getting some help from hedge funds as banks are still reluctant to lend. KPMG estimates that Australian companies have some $200 billion of syndicated loans due to mature in the next four years. But a funding gap still exists even with increased investments by hedge funds. Australian non-financial...
iStockAnalyst.com (Free subscription) | 10/11/2009
Barry Bausano, Deutsche Bank AG's global co-head of prime finance says hedge fund assets may top the previous $2 trillion high by the end of next year as double-digit average returns lure investors. [More...]
On An Overgrown Path (Free subscription) | 08/11/2009
What good is sitting alone in your room? Come hear the music play. Life is a cabaret, old chum, Come to the cabaret. 'Deutsche Bank will present a free webcast of the Berliner Philharmoniker and Sir Simon Rattle performing Brahms's Third and Fourth symphonies on Monday, November 9 at 8.00 p.m. EST on its website, http://www.db.com/ The webcast celebrates the start of the Berliner Philharmoniker and...
The Business Insider (Free subscription) | 04/11/2009
As we suggested, the bulls are seizing the moment and the bears are blowing it (again). Markets in Asia and Europe are higher. US futures (above) are solidly in the green. A major winner so far is SocGen, which solidly surpassed profit expectations. Bloomberg : Societe Generale rose as much as 4.2 percent in Paris trading after reporting net income of 426 million euros ($627 million), above the 399...
Malaysia Property News (Free subscription) | 03/11/2009
HONG KONG: CapitaLand Ltd, Southeast Asia’s largest developer, and China’s Longfor Properties Co may raise a combined US$3 billion (RM10.3 billion) in share sales that will test demand for Asian property stocks. CapitaLand wants to raise up to S$2.8 billion (RM6.8 billion) from the listing of its CapitaMalls Asia Ltd unit in what could be Singapore’s largest initial public offering...
Malaysia Property News (Free subscription) | 02/11/2009
SINGAPORE: CapitaLand Ltd, Southeast Asia’s largest developer, is seeking S$2.8 billion (RM6.8 billion) from the listing of its CapitaMalls Asia Ltd unit as it seeks to grow its retail mall business across the region. Some 1.2 billion shares were being offered at S$1.98 to S$2.39 apiece, according to emails sent to investors by sale arrangers Credit Suisse Group AG and Deutsche Bank AG. The share...
Examiner (Free subscription) | 29/10/2009
Deutsche Bank AG, Germany's biggest bank by assets, said Thursday that tax credits and increased trading revenue pushed its third-quarter earnings more than three times higher.
Miami Herald (Free subscription) | 29/10/2009
Deutsche Bank AG, Germany's biggest bank by assets, said Thursday that tax credits and increased trading revenue pushed its third-quarter earnings more than three times higher.
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