A recent speech from Deutsche Bank chief executive John Cryan suggests the banking titan is set for a radical change in its corporate culture.
Deutsche Bank's boss's bonus scepticism is warranted
At the end of October, hedge fund billionaire and activist investor Carl Icahn wrote a note to insurance behemoth AIG's CEO outlining his proposals for the company, and then followed that with another letter on Monday. In addition to...Show More Summary
SunEdison has repaid all but $5 million on a $410 million margin loan the company took out with Deutsche Bank in early 2015 when financing its $2.4 billion acquisition of First Wind
Deutsche Asset & Wealth Management is officially in the "smart beta" exchange-traded fund game. Deutsche, the 10th-largest ETF provider by assets, partnered with FTSE Russell on index ETFs that employ five factors in its rules-based selection process: value, quality, momentum, volatility and size. Read More »
Shares of networking technology vendor Infoblox (BLOX) are down $1.79, over 11%, at $13.95, after Deutsche Bank and Needham & Co. both cut their ratings on the stock in advance of the company’s earnings report this coming Monday, November...Show More Summary
It seems that history has repeated itself for the Clintons and the healthcare industry. Deutsche Bank's David Bianco noted that healthcare sector stocks typically trade at a 10% premium to the S&P 500. However, Bill and Hillary Clinton have caused some rough patches for the industry over the past 20 years. Show More Summary
It was a rough quarter for Wall Street banks last time around, and at least one team of analysts doesn't think this one will turn out any better. Deutsche Bank's Matt O'Connor wrote in a note on Monday that he's lowering his fourth-quarter...Show More Summary
Deutsche Bank co-CEO John Cryan took a big shot at one of banking's most sacred cows – the bonus. Cryan voiced frustration at the way bankers are paid, and how much money they expect over the course of a year. He said banks promise high...Show More Summary
On Sunday, using an analysis by Deutsche Bank's Dominic Konstam, we showed why the Fed by miscalculating the equilibrium real rate (which in reality is negative due to the massive debt overhang and the declining nominal growth rate,Show More Summary
When it comes to recent inexplicable and notable market divergences, few are as disturbing as the gaping spread between equities and junk bonds, best shown on the chart below. While we have been covering this topic since at least September, when the divergence first appeared, many are starting to ask what is going on. Show More Summary
Deutsche Bank is considering scrapping traditional passwords in favour of thumbprint technology, facial recognition, and smart tech that knows how you hold a phone. The Financial Times reports that the bank is looking at replacing passwords...Show More Summary
Deutsche Bank's Oleg Melentyev is worried... "This is quite an unprecedented set of circumstances to have a very strong market move tighter that is not led by its higher-beta components. It also gives us a sense of a low level of conviction...Show More Summary
Something strange is happening in the junk bond market. In a note to clients on Friday, Deutsche Bank credit strategist Oleg Melentyev looked at conditions in the high-yield bond market — also known as the junk bond market — which is...Show More Summary
Last week was not good for retail. Some of the biggest department stores in the US reported worse-than-expected quarterly results, including Macy's and JC Penney, sending their stocks into a tailspin. Additionally, Deutsche Bank analysts...Show More Summary
The battle for cloud computing is about to get a lot more interesting, writes Deutsche Bank’s Ross Sandler today, reiterating a Buy rating on Alphabet (GOOGL), which he says has only just begun to fight in what is shaping up to be an...Show More Summary
It Appears Deutsche Bank Bondholders Are Being Bilked By Law Firm Hertz Schram In A Foreclosure Between Deutsche Bank Bondholders And A Veteran With Cancer.
Cuts are said to have begun in New York.
...or to put it another way, here is what Deutsche Bank believes are the only two "upside risks" for markets - "a smooth start to Fed tightening" and "eurozone growth surprises to the upside." Other than that, hope that The Fed reverts to old norms and eases, un-tightens is the last best hope for this decoupled, divergent equity market... Show More Summary
From Torsten Sløk: click for full size image Source: Deutsche Bank Securities When the Fed begins to raise rates, it is normally associated with higher equities and narrower spreads on high grade and high yield. But after seven years of zero interest rates, risky assets have not only been driven by improving fundamentals and expected future...Read More