UBS expands ME wealth management team with 10 hires
UBS announced on Tuesday the strengthening of its wealth management team in the Middle East with the addition of 10…
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Deutsche Bank
Deutsche Bank sets highest S&P 500 year-end target at 5,500
Deutsche Bank has increased its year-end S&P 500 target for 2024 to 5,500, the highest among major brokerages,…
Western banks hand €800m tax to Kremlin in ’23
The seven largest European banks in Russia paid over €800 million in taxes in 2023 despite pledges to reduce their…
European shares peak as inflation, fed Policy loom
European shares reached a two-week peak on Monday, building on last week’s robust gains, as investors anticipate…
Deutsche bank shares drop 5.5% following Postbank news
Deutsche Bank shares fell by 5.5 per cent in early trading on Monday following news of a longstanding lawsuit that…
European shares rise as investors await bank earnings reports
European shares saw a slight increase on Monday, with the STOXX 600 index rising by 0.2 per cent by 0828 GMT,…
European banks face interest rate test in earnings reports
Investors are eagerly awaiting the first quarter earnings reports from major European banks, starting with…
Morgan Stanley, Deutsche Bank: ECB to make 75bps rate cut in ’24
Morgan Stanley and Deutsche Bank, anticipate a 75 basis point (bps) reduction in borrowing costs by the European…
Bitcoin breaks records in rapid rise
Bitcoin and Ether saw significant rallies, with Bitcoin reaching a session high of $67,645 and Ether surging by 9.8…
ACC secures major financing for three gigafactories
ACC, a European auto battery manufacturer co-owned by Stellantis, Mercedes, and TotalEnergies, announced on Monday…
