Hints and tips:
...Credit Suisse is acting as global co-ordinator on the rights offering and has enlisted Deutsche Bank, Morgan Stanley, RBC Capital Markets and Société Générale as lead underwriters....
...Netflix and Tesla open the run of quarterly tech results this week, while Goldman Sachs, Bank of America, BNY Mellon and Morgan Stanley bring to a close the earnings reports from Wall Street banks....
...Deutsche Bank has hired Clarence Kwok as a managing director on its M&A team with a focus on north Asia. Kwok previously was a senior M&A banker for Morgan Stanley focused on China....
...Richard Carty was managing director of Morgan Stanley Principal Strategies and CEO of Bonanza Creek Energy....
...“We have two choices: resolution [winding down the bank] or you have to step in to do a deal. We trust UBS will do the right thing.”...
...Of the 23 banks tested, Deutsche Bank’s US subsidiary suffered the biggest capital hit, followed by UBS Americas....
...Arrival’s deal with Kensington Capital Acquisition Corp V values the company at $524mn....
...Job moves Morgan Stanley chief operating officer Jonathan Pruzan, a leading contender to become the bank’s next chief executive, has decided to leave at the end of this month....
...Job moves Ex-DWS boss Asoka Wöhrmann will take over as chief executive of struggling German property investment group Patrizia less than a year after he was ousted as head of Deutsche Bank’s asset manager...
...Worldpay, which was carved out of Royal Bank of Scotland during the financial crisis, had been scooped up by US-based Vantiv for $10.4bn in 2017, after which the US company took its name....
...But of course, there will be new shocks that the Bank has to respond to keep to this target. I trust the MPC will make the right choices....
...If the Saudi National Bank’s move into Credit Suisse wasn’t evidence of that enough, comments from Saudi finance minister Mohammed al-Jadaan that the country hopes to help “bridge the gap” between the US...
...Deutsche Bank has named New York Fed economist and policy adviser Matthew Raskin as a managing director and US head of rates research, per Reuters....
..., BASF Q2, Boeing Q2, Breedon H1, Bristol Myers Squibb Q2, British American Tobacco H1, Carrefour Q2, Credit Suisse Q2, Danone H1, Deutsche Bank Q2, Deutsche Börse Q2, Equinor Q2, Ford Motor Q2, GlaxoSmithKline...
...As the FT reports, Ravitch won the billionaire’s trust while on holiday in the Caribbean around a decade ago....
...of New York Mellon Q3, Bellway FY, Canadian National Railway Company Q3, Danone Q3 sales, Deutsche Börse Q3, Halliburton Q3, Johnson & Johnson Q3, Kering Q3 sales, Netflix Q3, Omnicom Q3, Philip Morris...
...One wild thing in German banking to start: Deutsche Bank has pulled a research report accusing German financial regulators and the country’s outgoing conservative-led government of serious failures less...
...(New York Magazine) News round-up Deutsche Bank leans on M&A boom as trading slows (FT + Lex) GSK raises profit forecasts in boost for under-fire Walmsley (FT) SoftBank Vision Fund borrows against DoorDash...
...Climate scenarios European Central Bank president Christine Lagarde said that updated scenarios would be published today by the Network for Greening the Financial System — a group of 90 central banks and...
...That would be “Die Deutsche Bank Filiale Nurnberg v Humphrey”, which says “the exchange rate from the date of domestic judgment should be used”....
...Centuries-old national champions Barclays (€17.4bn), Deutsche Bank (€15.6bn) and Italy’s UniCredit (€17.2bn) are collectively worth less than Zoom, the $72bn (€61bn) videoconferencing company founded in...
...Two Morgan Stanley mutual funds are the best-performing of the pandemic....
...Bank rebuffed ECB over call for action on leveraged finance (FT) Elliott Management takes stake in software company F5 networks (WSJ) Private equity firms circle Reebok (FT) Farfetch secures $1.1bn backing...
...In the US, Citigroup, Wells Fargo and Morgan Stanley have all suspended job cuts, as has Germany’s Deutsche Bank, which is also amid a restructuring....
...(FT) Morgan Stanley blocks remote network access for China interns Morgan Stanley has blocked its interns in China from remotely accessing the bank’s virtual network as foreign companies become increasingly...
International Edition