Tag: Deutsche Bank

July 3, 2019

Talen Energy Supply has priced a new seven-year $500 million secured term loan B facility. The new term loan B facility priced at L+375. Talen Energy expects to use the net proceeds of the new facility, together with cash on […]

May 20, 2019

Shares of Deutsche Bank hit a record low Monday, down nearly 3%, after UBS downgraded the German lender’s stock to a “sell” rating from “neutral.” Pointing to tough external events and the low interest rate environment, UBS slashed its price […]

May 8, 2019

Deutsche Bank has defended its risk and control system after proxy adviser Institutional Shareholder Services (ISS) called for shareholders to vote against the board. The influential proxy advised its members to vote against “discharging” Deutsche’s board, the vote of confidence […]

May 2, 2019

Newtek Business Services, a joint venture with a subsidiary of BlackRock TCP Capital, closed a $100 million senior-secured revolving credit facility with Deutsche Bank. The new facility includes a $100 million accordion feature, allowing the JV to increase the borrowing […]

March 28, 2019

Shares of Deutsche Bank and Commerzbank slipped after a report in the Financial Times stated that the former is in talks to raise as much as 10 billion euros ($11.2 billion) in fresh equity to support their potential merger. The […]

March 22, 2019

Deutsche Bank paid its management board members their first bonuses in four years in 2018, with Christian Sewing’s 7 million euro ($8 million) total pay package making him one of the best paid chief executives in European banking. Deutsche Bank’s […]

March 11, 2019

Shares of Deutsche Bank and Commerzbank surged Monday after reports that the two have agreed to hold merger talks. Several media reports over the weekend suggested Deutsche Bank CEO Christian Sewing had dropped his opposition to the deal. Sewing was […]

March 8, 2019

Deutsche Bank and Commerzbank’s chief executives have resumed talks over a potential merger of Germany’s two biggest lenders, Focus magazine reported on Friday, citing people familiar with the matter. Deutsche Bank and Commerzbank declined to comment. Deutsche Bank shares were […]

February 20, 2019

Deutsche Bank officials were worried enough that President Donald Trump might default on loans after he was elected that the institution considered extending the repayment dates, according to a Bloomberg News report Wednesday. The Trump Organization had about $340 million […]

January 31, 2019

Shares of Deutsche Bank slumped nearly 5 percent Thursday after a report said the embattled German lender is gearing up for a potential merger with rival Commerzbank by mid-2019. The report, from Bloomberg citing anonymous sources, noted the deal is […]

December 20, 2018

The European Commission suspects Deutsche Bank AG, Credit Suisse Group AG and two other global banks of colluding to manipulate a multi-trillion-dollar government-backed bond market, escalating a long running probe. The European Union’s executive arm, which opened the investigation almost […]

December 12, 2018

Shares of Deutsche Bank surged on Wednesday after Bloomberg News reported the German government plans to push for a merger to save the struggling bank. The bank’s stock rose as much as 8.5 percent and was last up 4.8 percent. […]

November 29, 2018

One hundred seventy officers searched the headquarters of Deutsche Bank in Frankfurt and five other sites in the area early Thursday as part of a money-laundering investigation involving hundreds of millions of euros, prosecutors in Frankfurt said. Two employees, who […]

November 20, 2018

Shares of Deutsche Bank hit fresh record lows Tuesday after the bank confirmed to Reuters it was involved in processing payments worth $150 billion for scandal-ridden Danske Bank. A Deutsche Bank spokesperson confirmed in a statement to Reuters Monday that […]

November 16, 2018

European banks desperately need a fully formed banking union to compete with the world’s most valuable financial institutions, according to the chief executive of Germany’s biggest lender. “We have to accelerate the banking union and revitalize the concept of a […]

October 24, 2018

Deutsche Bank AG shares were hovering near an all-time low on Wednesday, as the German financial giant got hit hard by earnings news, action which bucked overall upbeat markets elsewhere, as Europe stocks shot higher. How did markets perform? The […]

October 9, 2018

Walmart’s online grocery business will thrive and compete well against Amazon, according to Deutsche Bank. The firm raised its rating to buy from hold for Walmart shares, predicting the retailer will report sales above expectations in its third quarter. “We […]

September 7, 2018

HNA Group, one of China’s largest conglomerates and the owner of a $40 billion-plus empire of businesses and company stakes, will be exiting its 7.6 percent stake in Germany’s Deutsche Bank, the Wall Street Journal reported Friday. The decision, according […]

August 8, 2018

With the trade war causing market volatility and central banks on a mission to tighten monetary policies, wealth managers are calling for a shift in investing strategies. Still, they predicted that investors will likely face lower returns ahead. Rainer Michael […]

July 31, 2018

At the start of 2018, many analysts we spoke to on our show were positive about European cyclicals, especially financials after what was a bumper fourth quarter for the continent’s economic data. With a strong beta to underlying growth, as […]