India's growth well below trend: Deutsche Bank

India's growth well below trend: Deutsche Bank

India continues to report over 7 percent GDP growth, but its momentum has weakened and the country's growth is well "below trend", says a Deutsche Bank report.

Government to meet fiscal deficit target for FY16: Deutsche Bank

Government to meet fiscal deficit target for FY16: Deutsche Bank

The government is likely to meet its fiscal deficit target of 3.9 per cent for the current financial year and is expected to set it at 3.8 per cent of the GDP for the next fiscal, says a Deutsche Bank report.

Deutsche Bank's suspicious Russian trades count rises to $10 billion: Source

Deutsche Bank may have been used by some of its Russian clients as a hub for money laundering to a greater extent than previously assumed, a source familiar with the matter said on Tuesday.

 

India now a preferred market more because of compulsion than by choice

India now a preferred market more because of compulsion than by choice

In a report, Deutsche Bank said while India continues to be a favoured emerging market, "it is now more due to compulsion than by choice, as was the case after the election."

Deutsche Bank to pay USD 200 mn in US sanctions case: Source

Deutsche Bank has agreed to settle US regulators' charges it did business with entities in US-sanctioned countries like Iran and Syria, a person familiar with the matter said today.

Deutsche Bank to slash 35,000 jobs worldwide in major revamp

Deutsche Bank to slash 35,000 jobs worldwide in major revamp

Deutsche Bank is slashing 15,000 jobs and shedding assets in which some 20,000 staff are employed, as new chief executive John Cryan starts to implement a deep overhaul aiming to improve returns at Germany's biggest bank.

Swiss authorities probe 7 banks for price fixing in metals market

Swiss competition authorities said Monday they were investigating UBS, HSBC, Deutsche Bank and four other banks on suspicion of price fixing in the precious metals market.

Deutsche Bank to cut about 23,000 jobs: Sources

Deutsche Bank to cut about 23,000 jobs: Sources

Deutsche Bank aims to cut roughly 23,000 jobs, or about one quarter of total staff, through layoffs mainly in technology activities and by spinning off its PostBank division, financial sources said on Monday.

Deutsche slashes December Sensex target to 28,000

Global banking and financial services major Deutsche Bank Monday slashed its year-end Sensex target to 28,000 from 31,000 on concerns over global growth.

Deutsche Bank sees Rajan trimming rates in September

Deutsche Bank on Friday said the Reserve Bank may cut policy rates by 0.25 percent to 7 percent at its September 29 meet as the prevailing economic conditions in the country are supportive for an easy money policy.

RBI may cut key rates in Sept review, says Deutsche Bank

RBI may cut key rates in Sept review, says Deutsche Bank

The central bank has cut rates thrice by a cumulative 0.75 percent this year.

Deutsche Bank mulls selling India retail ops: Report

Deutsche Bank is mulling selling its retail operations in the country as it undergoes a massive restructuring plan, a German daily has reported.

Anshu Jain gets clean chit on charges of lying to regulator

The Federal Financial Supervisory Authority (BaFin) had criticised Deutsche Bank and Jain in its report on investigations into the rate fixing scandal.

Lawsuit accuses 22 banks of manipulating US Treasury auctions

Lawsuit accuses 22 banks of manipulating US Treasury auctions

Primary dealers are the banks authorized to transact directly with the Federal Reserve who are big players in Treasury bond auctions and act as market makers in the secondary market.

New York state probes banks over FIFA-related accounts: Report

New York state probes banks over FIFA-related accounts: Report

New York state`s banking regulator has contacted more than six banks about how they may have handled money that U.S. prosecutors said was laundered through accounts related to world soccer`s governing body FIFA, according to a person familiar with the matter.

Global banks to steer clear of Iran until sanctions finally go

International banks and most insurers are likely to steer clear of dealing with Iran for some time, fearing they could face more fines from U.S. regulators despite this week`s nuclear deal between world powers and Tehran.

Infosys bags multi-million euro deal from Deutsche Bank

Infosys will provide services like development, application maintenance, digital and mobility, package implementation and testing services across the Deutsche Bank Group.

Keeping fiscal deficit at 3.9% challenging: Deutsche Bank

Foreign brokerage Deutsche Bank Monday said there are a plenty of challenges in terms of maintaining the fiscal deficit at the targetted 3.9 percent of GDP for this fiscal.

Deutsche Bank's $1-bn investment faces fresh probe

Besides, they are also reviewing their regulations for greater clarity in this area and to ensure there is no room for any ambiguity.

German regulator says Deutsche Bank CEO Anshu Jain misled Bundesbank: Report

The German regulator has been investigating Deutsche Bank and the role it played during the financial crisis when a global inter-bank lending rate mechanism was being manipulated.