Banking & Financial Services
Income Tax Calculator
Personal Loan Calculator
Car Loan Calculator
Home Loan Calculator
Deutsche Bank News
Deutsche Bank picks retail specialist Christian Sewing as CEO
Mon, Apr 09, 2018
Sewing, a German national, will replace John Cryan, a Briton, as the bank seeks to strengthen its brand in its home market. Cryan had been in charge since 2015 and his mandate would have expired in 2020, but investors had lost faith that he could return the bank to profitability after three consecutive years of losses.
China startup NIO hires eight banks for up to $2 billion US IPO: Sources
Wed, Feb 28, 2018
NIO`s proposed IPO of $1 billion-$2 billion comes as the firm, founded by Chinese internet entrepreneur William Li in 2014, seeks fresh capital to finance its expansion and investments in areas including autonomous driving and battery technologies, one of them said.
Citi, Deutsche Bank, HSBC agree to pay $132 million to settle Libor claims
Fri, Oct 13, 2017
Govt looks to raise up to Rs 11,370 crore from state-run reinsurer GIC Re's IPO
Wed, Oct 04, 2017
State-run reinsurer General Insurance Corp of India`s (GIC Re) initial public offering of shares next week seeks to raise as much 113.7 billion rupees ($1.7 billion) in what will be India`s second-biggest IPO.
Adani at odds over royalty negotiations for Australian coal mine
Sun, Sep 03, 2017
Adani announced on Monday it would start work in October on the project using A$400 million ($319 million) of its own funds, even as it looks to lock in financing for the controversial mine.
US economy slowed less than expected in Q1; outlook cloudier
Sat, May 27, 2017
The US economy has slowed less than expected in the first quarter (Q1) and the softening business investment and moderate consumer spending are clouding expectations of a sharp acceleration in the second quarter (Q2).
Britain set to lose 9,000 bank jobs as they plan to move due of Brexit
Mon, May 08, 2017
Last week Standard Chartered and JPMorgan were the latest global banks to outline plans for their European operations after Brexit.
26 companies want to collaborate with India Post Payments Bank
Mon, Mar 27, 2017
They can accept demand deposits only that is savings and current accounts and will initially be restricted to holding a maximum balance of Rs 100,000 per individual customer.
Deutsche Bank replaces US head Bill Woodley with equities manager Thomas Patrick: Sources
Tue, Mar 14, 2017
According to sources, Deutsche Bank is replacing its US chief Bill Woodley with the global head of its stock-trading business, Thomas Patrick and its Chief Executive John Cryan would personally look after expanding its US business, which has lost market share to Wall Street rivals.
Reckitt Benckiser to buy Mead Johnson Nutrition for $16.6 billion
Fri, Feb 10, 2017
Reckitt Benckiser has agreed to buy US baby formula maker Mead Johnson Nutrition for $16.6 billion which will help the company to increase its presence in developing markets
Deutsche Bank says 'sorry' in full-page German newspaper ads
Sun, Feb 05, 2017
The ad, signed by CEO John Cryan, ran today in German newspapers including the Frankfurter Allgemeine Zeitung and the Munich-based Sueddeutsche Zeitung. The bank said its past conduct "not only cost us money, but also our reputation and trust."
Finance Ministry appoints Sanjeev Sanyal as Principal Economic Adviser
Fri, Feb 03, 2017
In 2007, Sanyal was awarded the Eisenhower Fellowship for his work on urban issues and was also honoured by the Singapore government at the World Cities Summit 2014.
Deutsche Bank signs $7.2 billion settlement deal with US over risky mortgages
Wed, Jan 18, 2017
Deutsche Bank finalised a $7.2 billion settlement with the US Department of Justice over its sale of toxic mortgage securities in the run-up to the 2008 financial crisis, the government agency said on Tuesday.
US hits Credit Suisse, Deutsche Bank with toxic debt penalties
Sat, Dec 24, 2016
Credit Suisse and Deutsche Bank have been hit with a combined penalty of more than $12 billion over the sale of US toxic debt, further hampering two of Europe`s leading investment banks as they struggle with weak earnings.
Deutsche Bank plans $7.2 billion mortgage settlement with U.S
Fri, Dec 23, 2016
Deutsche Bank has agreed to a $7.2 billion settlement with the U.S. Department of Justice over its sale and pooling of toxic mortgage securities in the run-up to the 2008 financial crisis.
Rupee to breach 70-mark by December this year: Report
Sun, Nov 27, 2016
The rupee is expected to further slide in the coming days and India's current account deficit is likely to rise to only 1.1% of GDP in FY2017-18, according to a Deutsche Bank research report.
Six reasons why Sensex tanked below 26000-mark
Mon, Nov 21, 2016
Markets are reacting negatively as demand pressure due to cash crunch may mean India's growth prospects to take a serious hit. Ambit Capital has already reduced India's GDP target for the current year to 3.8% and 5.8% for the next fiscal. CARE Ratings, too, has estimated a 0.5% impact on GDP due to demonetisation.
Finance leaders issue fresh warnings amid Deutsche worries, fall in pound
Fri, Oct 07, 2016
Deutsche Bank has been struggling to overhaul its business model that is built around trading activities that have become much less lucrative under new regulation enacted sin ce the 2008-2009 financial crisis.
IMF chief gives Deutsche Bank tough advice on reform, need for fine deal
Fri, Oct 07, 2016
IMF chief Christine Lagarde gave Deutsche Bank some tough advice on Thursday, saying Germany's biggest lender needed to reform its business model and rapidly reach a deal with US regulators over a potentially huge fine.
Deutsche Bank needs to reassure markets: IMF official
Wed, Oct 05, 2016
Weak credit demand in advanced economies, in addition to low rates, is also hindering profitability, according to the IMF.