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
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.
Deutsche Bank on Friday said the Reserve Bank may cut policy rates by 0.25 per cent to 7 per cent at its September 29 meet as the prevailing economic conditions in the country are supportive for an easy money policy.
Stating that the country will outperform emerging market peers in the current volatile environment, German brokerage Deutsche Bank today said it expects RBI to slash key rates by 0.25 per cent in the September 29 review.
Indian-origin banker Anshu Jain, Deutsche Bank's former co-chief, has got a clean chit from the German financial watchdog BaFin, on charges of allegedly lying to the regulators about the interbank rate rigging scandal.