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…
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Deutsche Bank
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…
Deutsche Bank to cut 3.5K jobs as profits fall
Deutsche Bank is planning to cut 3,500 jobs after recording a net profit of 1.4 billion euros in the fourth quarter…
Egypt secures $500mln in funding for health, education projects
Egypt secured $500 million in financing from three international banks for development of health and education…
