These are the top 25 best-paying companies in the UK May 23, 2019 A report released today has revealed that the UK's 25 highest paying company's offer staff between £61,000 and £90,000 as a median compensation package. The list by job site Glassdoor is dominated by finance and tech firms, three of which have their headquarters in the UK. John Lamphiere, EMEA managing director at Glassdoor, said: “It [...]
‘I don’t need banks’: Trump hits back at reports of Deutsche Bank’s red flags May 20, 2019 US President Donald Trump has hit back at reports Deutsche Bank employees flagged suspicious transactions by the president and his son-in-law Jared Kushner. The New York Times reported that anti-money laundering specialists at the bank recommended transactions by legal entities controlled by the pair be reported to a federal crimes watchdog. Read more: Deutsche Bank [...]
Deutsche Bank staff flagged Trump and Kushner activity as suspicious May 20, 2019 Multiple transactions by legal entities controlled by US President Donald Trump and Jared Kushner, his son-in-law, at Deutsche Bank in 2016 and 2017 set off illicit activity alerts on the bank’s system, according to the New York Times. Read more: Trump pardons fraudster media mogul Conrad Black Anti money-laundering specialists at Deutsche Bank recommended the [...]
Commerzbank profits and revenues slump weeks after Deutsche Bank merger talks collapse May 8, 2019 Commerzbank has reported sliding revenue weeks after merger talks with rival Deutsche Bank fell apart. The figures Revenue fell 2.8 per cent year-on-year to €2.16bn in the first quarter of 2019, from €2.22bn in 2018, driven by exceptional items. Read more: Deutsche Bank slashes revenue target after Commerzbank talks collapse Profit before tax plummeted 25.3 [...]
Deutsche Bank slashes revenue target after Commerzbank merger talks collapse April 26, 2019 Deutsche Bank cut its revenue target this morning following the collapse of merger talks with German rival Commerzbank. The bank said it expected revenue to be flat this year as it reported that revenue in the first quarter was down nine per cent year-on-year to €6.4bn. Read more: Deutsche Bank and Commerzbank merger talks collapse [...]
Deutsche Bank and Commerzbank merger talks collapse April 25, 2019 Merger talks between Germany’s two largest lenders Deutsche Bank and Commerzbank have collapsed. Deutsche Bank said discussions had been abandoned as there were too many risks attached to the potential merger. The pair began talks last month after the German government, which owns a 15 per cent stake in Deutsche Bank, signalled it would not [...]
UBS and Deutsche in ‘serious’ talks over asset management merger April 24, 2019 The asset management divisions of Deutsche Bank and UBS are in “serious” talks over a potential merger, according to reports. The combined businesses would have more than €1.4 trillion (£1.2 trillion) of assets under management, overtaking Legal and General in the UK and France’s Axa to create a rival to Amundi, which is Europe’s largest [...]
Why Vodafone is still backed to hit 250p April 23, 2019 | City Talk By Graeme Evans from interactive investor. Some sense a shift in the balance towards more favourable news at the start of the new financial year. Despite a fruitful start to 2019 for most FTSE 100 index stocks, the mood of many investors will have been tempered by further uncertainty over the prized dividend at Vodafone [...]
Can European banks be saved by mergers and a fresh round of deal making? April 16, 2019 The comparisons with US peers just got a lot harder for European banks after a strong showing from JP Morgan to kick off earnings season. But could there be fresh revenue on the way for European investment banks, even if it is of their own making? There’s a mooted capital raising for Deutsche Bank before [...]
Dorchester boycott: Angel investors retreat from Park Lane dinner after Brunei’s anti-LGBT laws April 4, 2019 A top UK angel investor group backed down over plans to hold its annual bash at The Dorchester late tonight amid a growing boycott against a set of luxury hotels owned by the Sultan of Brunei. Read more: Property events moved away from Brunei-owned hotels amid boycott The UK Business Angels Associations (UKBAA) raised eyebrows [...]