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Tag: trading business


Activity, Investment Banking

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

July 25, 2019

Via: CNBC

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

Via: CNBC

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

Via: CNBC

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 […]