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Deutsche Bank infuses Rs 2,700 crore into India branches
The fresh capital will be used to support further expansion of Deutsche India, the bank said. The German lender operates 17 branches across India mainly servicing corporate, investment banking and private banking clients.
Deutsche Bank opens review into personal banker to Trump and Kushner
In June 2013, the banker, Rosemary Vrablic, and two of her Deutsche Bank...
European shares flat, investors sift through earnings deluge
The pan-European STOXX 600 slipped 0.1% by 0716 GMT, oil & gas and chemical lead...
Global shares take comfort in endless stimulus, Fed policies
Nations around the globe are announcing new travel curbs amid a fresh wave of the coronavirus, a setback to hopes for a "V" shaped economic recovery.
InCred kicks off talks to merge with KKR’s NBFC
The two companies have entered into exclusive discussions for the next six-eight weeks, said sources briefed on the matter, as they look to finalise terms. The deal, if successful, will create an NBFC with a loan book of over Rs 6,000 crore with a focus on the consumer lending segment.
Firms cutting capital spending set to prolong India’s slump
Kumar Mangalam Birla’s Hindalco Industries Ltd. plans to cut capital expenditure by as much as 40% globally as the company plans to conserve cash.
Deutsche Bank buys Rs 1,900 crore DHFL bonds in just 3 days
“The Sebi ruling is paving way for other matured and defaulted bonds that in turn will help generate liquidity in mutual fund portfolios,” said a fund manager who sold DHFL papers to Deutsche Bank. DHFL bonds have traded first after the Sebi ruling.
Wall St Week Ahead: Investors await BlackRock earnings after blistering Q2 market rally
The S&P 500 rose 20% in the second quarter after falling as much in the first three months of 2020 as the coronavirus pandemic slammed the economy.
Deutsche Bank not keen on DHFL buy
This now leaves 23 suitors in fray who have expressed interest to buy DHFL.
From tandoori chicken to thayir saadam: The most pronounced change at HDFC Bank's corner room
Sashidhar is a personality that’s contrasting to the ways of his boss. While aggression and ruthlessness are associated with Puri, Jagdishan is an iceberg, but powerfully persuasive.
Dollar falters as investors await U.S. stimulus deal
The yen recovered some overnight losses to sit at 106.08 per dollar, as did Australian dollar, though it was 0.1% softer at $0.7117 ahead of a central bank meeting later on Tuesday.
View: Rescue solvent companies but kill off zombies
The rescue ops will, rightly, save fundamentally productive firms, but also, wrongly, create many zombies.
Distress Demand: Deutsche buys Rs 112 cr DHFL bonds again
The foreign lender bought Rs 112 crore worth of those deep discount debt securities from the secondary market Thursday extending its buying spree of distress assets.
The pandemic’s long-term pain is just becoming clear to markets
An indisputable takeaway from the crisis is a massive expansion in global debt.
King dollar's decline ripples across the globe
The US dollar index, which measures the greenback against six other major currencies, is down around 9% from its March highs and is on track for its worst month since 2011, pressured in part by expectations that the United States will take a bigger hit to growth than other economies from the coronavirus pandemic.