Bank of America has appointed Mayank Saxena as head of its Southeast Asia financial institutions group (FIG), the latest in a spurt of investment bank hires in the financials sector amid a surge of dealmaking in Asia by banks and insurers.
Deutsche Bank has a truly global reach. Throughout the world, the bank active in many markets, economies and financial sectors. But despite its size, focus and purpose flows through the organization. Many voices, many cultures, many disciplines, many ways of looking at the world. One clear vision. Deutsche Bank is diverse in the widest sense of the word.
Bolstering regulatory oversight in the wake of escalating fines.
Deutsche Bank said its asset and wealth management unit was back on track after two years of restructuring, and was growing quickly with new client money pouring in at an accelerating pace.
Commerzbank will probably be the next bank to resolve alleged U.S. sanctions violations, a person with knowledge of the matter said.
Morgan Stanley has bought Deutsche Bank's bulk commodities trading book dealing in coal, iron ore and freight forward contracts to expand in commodities derivatives, a source familiar with the matter said on Thursday.
Louise M. Parent has been named a member of the Supervisory Board of Deutsche Bank.
Citigroup has bought Deutsche Bank's U.S. power trading books, the latest move by the bank to build its energy trading business as other Wall Street rivals retreat, two sources said on Tuesday.
Deutsche Bank lost about 26 junior bankers in Hong Kong over the past four months, the biggest number of such departures from the firm in Asia in at least five years, two people with knowledge of the matter said.
Deutsche Bank has announced the appointment of Joe McIntosh as a Vice Chairman of Consumer and Retail Investment Banking Coverage (IBC), Americas. Based in Chicago, he will report to Keith Wargo, Co-Global Head of Consumer and Retail IBC.
Deutsche Bank has announced that Stefan Bender and Jens Hardekopf have been appointed Co-Heads of Corporate Finance Germany effective July 1.
Bank of America has hired Deutsche Bank’s Michele Foresti as head of fixed-income, currencies and commodities trading for Europe, Middle East and Africa.
Deutsche Bank’s Japanese securities unit entertained officials from 45 funds that manage public pensions, according to a report obtained by Bloomberg News, signalling that the potentially illegal practice was more widespread than regulators had disclosed.
Barclays and Deutsche Bank face scrutiny over their sale of products to a hedge-fund manager that allowed it to skirt borrowing limits and avoid taxes, according to people with knowledge of the matter.
Deutsche Bank has confirmed that Robert Karofsky, the bank's New York-based co-head of global sales and trading, has taken leave of absence for personal reasons.
BlackRock hired Harvard Management’s Mark McKenna to start an event-driven hedge fund as the world’s largest asset manager seeks to expand its alternative-investment business.
Just one week after the shock suicide of Bernie Madoff's son Mark, the financial markets have been rocked by the tragic death of 27-year-old Citi analyst Jessica Fashano, who died early Saturday morning.
Just what do corporate brokers do ? How do you measure what they bring to a firm ? And why are they suddenly all the rage ? Good questions - but no-one is really sure of the answers.
Deutsche Bank has rejigged its global leveraged debt capital markets team, according to an internal memo seen by IFR on Tuesday.
We're trying to find out who's got the longest job title in the financial markets.
Merrill Lynch came out this week and announced further asset writedowns and another round of capital raising. And CEO John Thain must be regretting some of the remarks he has made in the last 8 months about his firm and the strength of its balance sheet. Reuters has put together a selection of Thain's comments.