Seven big banks, including Bank of America, JP Morgan, Credit Suisse and Deutsche Bank, have agreed to pay a total of USD 324 million to settle a lawsuit accusing them of market manipulation of interest rates.
Concerns are rife about the medium-term outlook in many economies but structural factors like per capita income and demographic trends are likely to favour India and Indonesia over other emerging markets for the time being, s
Demand for policy rate cut may be considerable, but given the central bank's inflation target, rate cut space is scant, and the Reserve Bank is likely to cut only 25 bps in the upcoming monetary policy, a Deutsche Bank report
State governments in the country are likely to see their fiscal health weaken in the coming months with six key states, Bihar, Uttar Pradesh, West Bengal, Rajasthan, Haryana and Kerala, particularly vulnerable to potential sh
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 shares fell nearly 10 percent on Thursday after warning it would report a record loss for 2015, highlighting the scale of the problems facing new Chief Executive John Cryan as he restructures Germany's bigges