Deutsche Bank had internal talks about a merger with Swiss giant UBS

Deutsche Bank had internal talks about a merger with Swiss giant UBS

Deutsche Bank has made plans for a potential merger with Swiss banking giant UBS, a report from German newspaper Handelsblatt said on Wednesday. Citing people familiar with the matter, Handelsblatt said that senior Deutsche Bank staff discussed the possibility for a tie-up with UBS — which would combine the biggest lenders in Germany and Switzerland…

Deutsche Bank is mulling a big pull back from Britain due to Brexit

Deutsche Bank is mulling a big pull back from Britain due to Brexit

FRANKFURT (Reuters) – Deutsche Bank is considering shifting large volumes of assets from London to Frankfurt after the UK’s planned exit from the European Union next year to meet demands from European regulators, a person close to the matter said on Sunday. Deutsche will also transform its UK arm into a ringfenced subsidiary after Brexit…

Deutsche Bank is shifting business out of London — and it hints at a troubling post-Brexit future for a $1 trillion industry

Deutsche Bank is shifting business out of London — and it hints at a troubling post-Brexit future for a $1 trillion industry

LONDON — Deutsche Bank has executed plans to shift around half of its euro clearing activities out of the UK in a move that will worry those seeking to defend the City of London’s place at the heart of European finance post-Brexit. The move, first reported by the Financial Times late on Sunday, will see…

REPORT: Deutsche Bank lost 12 times more than it thought was possible in one day of trading

REPORT: Deutsche Bank lost 12 times more than it thought was possible in one day of trading

A man walks near a logo of Deutsche Bank AG in Tokyo July 16, 2014. REUTERS/Toru Hanai Traders at Deutsche Bank’s US unit suffered losses 12 times larger than its risk projections estimate could occur in one day. News of the trading day, which happened earlier this year, was detailed on a May filing from…

Deutsche Bank could reportedly cut 10,000 jobs

Deutsche Bank could reportedly cut 10,000 jobs

A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany, September 30, 2016. Kai Pfaffenbach/Reuters Deutsche Bank may eliminate as many as 10,000 jobs as part of a larger cost-cutting initiative at the German lender, according to the Wall Street Journal. The cuts could hit 1 out of every 10…

Deutsche Bank boss to step down

Deutsche Bank boss to step down

Image copyright Getty Images Image caption On his way out… but Deutsche Bank said John Cryan had „laid the groundwork for a successful future of the bank”. Deutsche Bank has dismissed its British-born chief executive John Cryan amid continued losses at Germany’s biggest lender. Co-deputy chief executive Christian Sewing will take over the role with…

DEUTSCHE BANK: These 11 indebted companies are most at risk from rising interest rates

DEUTSCHE BANK: These 11 indebted companies are most at risk from rising interest rates

Federal Reserve chair Jerome Powell Carolyn Kaster/AP With global interest rates on the rise, led by an ongoing tightening cycle from the US Federal Reserve, the era of ultra cheap money looks to be coming to an end. Since the 2008 crisis, many companies have taken advantage of low rates, borrowing aggressively to fuel expansion.…

Deutsche Bank’s UK staff are getting an extra 5 days of holiday – but it’s making some employees worried

Deutsche Bank’s UK staff are getting an extra 5 days of holiday – but it’s making some employees worried

Unsplash/Annie Spratt Deutsche Bank UK staff are to get an extra five days holiday, boosting the annual allowance to 30 days. The change takes effect on April 1, a few weeks after bonuses are announced in March. UK Deutsche Bank employees could potentially have 40 days holiday a year, with options to roll-over and purchase…