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Personal Finance

Deutsche Bank Contemplating Deal with Commerzbank

June 9th, 2018445 According to the news report by Bloomberg, Deutsche Bank AG’s Chairman Paul Achleitner is thinking about possibly combining the bank with Commerzbank AG. He stated...

Personal Finance

Australian Banks Facing Criminal Prosecution

June 2nd, 2018034 According to the news report by Bloomberg, Australia’s banking industry is facing unprecedented criminal prosecution. Some of the top banks in the country, ANZ...

Personal Finance

US Lists Deutsche Bank as a Problem Bank

June 1st, 2018050 According to the news report by Bloomberg, Deutsche Bank’s US division has been put on the US Federal Reserve’s list of troubled banks and will be monitored by the...

Personal Finance

Deutsche Bank to Complete Majority of Job Cuts by June End

May 31st, 2018053 According to the news report by Bloomberg, Deutsche Bank stated that it would be done with the majority of its job cuts by the end of June. The German lender’s Chief...

Personal Finance

Deutsche Bank Withdraws from Global Equities

May 24th, 2018098 Bloomberg reported that Deutsche Bank AG is withdrawing from a host of equities markets across the globe, including some around its own home base in Europe. Embed from...

Personal Finance

PayPal Buying iZettle for $2.2 Billion

May 19th, 2018348 According to the latest news report by Bloomberg, PayPal Holdings Inc. is planning to buy the small-business platform iZettle for a price $2.2 billion. The purchase of...

Personal Finance

10-Year Government Debt Rises

May 16th, 2018033 According to the news report by MarketWatch, the US stocks were trading lower this week as the benchmark bond yield, the 10-Year Yields rose above the 3% mark once more,...

Personal Finance

Barclays CEO Fined Over Whistleblower Scandal

May 12th, 2018049 According to the news report by Bloomberg, the Chief Executive Officer of Barclays Bank, Jes Staley was penalized £642,430 (or $870,557) by regulators in the UK for...

Personal Finance

Goldman Sachs and Wells Fargo Eyeing Credit Card Segment

May 9th, 2018055 According to the latest news from Bloomberg, two of the biggest banks in the United States, Goldman Sachs Group Inc. and Wells Fargo & Co. are on the verge of...

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ECB Planning to End Bond Buys in December