Tag: trading business

Activity, Investment Banking

Barclays nabs $20 billion in hedge fund business from beleaguered Deutsche Bank

July 25, 2019


Barclays is proving to be one of the early winners from the woes of German rival Deutsche Bank. The British bank, run by ex-J.P. Morgan executive Jes Staley, has persuaded hedge fund clients with $20 billion in balances at Deutsche […]

Capital and Risk, Liquidity

Deutsche Bank gets its first broker upgrade after mass restructure

July 12, 2019


UBS has become the first broker to upgrade Deutsche Bank’s stock following its initiation of a historic restructuring program. In a note published Friday, UBS analysts upgraded the German lender’s stock from a “sell” to “neutral” and raised its 12-month […]

Activity, Trading

Bank of America earnings top Wall Street estimates, shares rise

October 13, 2017


Bank of America reported third-quarter results on Friday that beat Wall Street expectations despite a slowdown in its fixed-income trading business. Here’s how the company’s results fared against Wall Street expectations: EPS: 48 cents vs 45 cents forecast by Thomson […]