Deutsche Bank swings back to quarterly profit as legal provisions cut, investment banking shines
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Business - CNBC
German court rules against Deutsche Bank in Postbank acquisition lawsuit
Deutsche Bank said it will now analyze the judgement and noted it has booked provisions covering all outstanding claims by the plaintiffs, including interest accrued to date.15 minutes ago -
Business - Financial Times
Deutsche Bank warns of rising bad loan provisions
German lender posts record third-quarter profits but tells investors to brace again for credit risks17 minutes ago -
Business - MarketWatch
Deutsche Bank shares fall on doubling of third-quarter loan losses but profits rise
Deutsche Bank’s pre-tax profits were lifted by a reduction in the provisions it has set aside to settle litigation related to its Postbank acquisition58 minutes ago -
Business - CNBC
Deutsche Bank shares shed 3% as lender's swing back to profit fails to impress
The partial release of 440 million euros of litigation provisions in the third quarter helped boost profit, Deutsche Bank said.1 hour ago -
Business - The Wall Street Journal
Lloyds Banking Sticks to Guidance After Profit Beats Market Views
The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit and revenue in the third quarter both fell by less than expected.2 hours ago -
Business - The Wall Street Journal
Deutsche Bank's Investment Bank Performance, Provision Releases Lift Profit Above Views
Germany’s largest lender reported a better-than-expected rise in its third-quarter profit on growth in its investment-banking division and the partial release of provisions linked to litigation ...3 hours ago -
Business - CNBC
World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).18 hours ago -
Business - The Wall Street Journal
Tele2 Posts Higher Profits; Backs Targets
Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...Yesterday -
World - The Guardian
Volkswagen fined £5.4m for mistreating customers; UK interest rates ‘to fall to 2.75%’ next year – business live
Volkswagen Finance has agreed to pay over £21.5m in redress to around 110,000 customers who may have suffered harm because of its failings.. Volkswagen Financial Services has apologised for the ...Yesterday - United Kingdom -
Business - Financial Times
US banks consider cutting interest payments on company deposits
Lenders target corporate clients as they seek to maintain profit margins with Fed trimming benchmark rates2 days ago -
Business - CNBC
Nvidia and Apple supplier TSMC shares pop after quarterly profit soars on AI demand
TSMC, the world’s largest producer of advanced chips, posted a 54% hike in third-quarter profit.5 days ago - Apple -
Business - Financial Times
Why European bank mergers are back on the table
Rising rates have boosted profits and policymakers want banks that can compete with US rivals. But many obstacles remain5 days ago -
World - The Guardian
ECB cuts interest rates to support flagging eurozone economy
Fall in inflation enables central bank to bring in quarter point cut to 3.25% after business and consumer slowdown. Business live – latest updates The European Central Bank has intervened to ...5 days ago -
World - ABC News
European Central Bank, seeing no signs of recession, cuts interest rates again
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after ...5 days ago - Europe -
World - ABC News
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target
European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target5 days ago -
Sports - ESPN
NBA's Silver: No regrets on backing legal betting
NBA commissioner Adam Silver says he does not regret a 2014 op-ed in which he supported changing U.S. law on sports betting, part of a movement that changed the sports landscape in the past decade.6 days ago -
Entertainment - Los Angeles Times
Tyra Banks brings her strut (and 'smize') back to revamped Victoria's Secret Fashion Show
Tyra Banks, who retired from the Victoria's Secret Fashion Show runway in 2005, closes out the rebranded lingerie show, which returned after a six-year break.6 days ago -
Business - MarketWatch
Charles Schwab is profiting from customers who want professional help with investing
The brokerage said it is seeing increased inflows into its wealth-management offerings.October 15 -
Business - CNBC
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.October 15 -
Top stories - The New York Times
Profits Leap at Goldman Sachs as Banks See Steady Economy
The investment bank earned more than expected in the latest quarter, a theme for other big banks, too.October 15 -
Business - CNBC
Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results
Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.October 15 -
Business - The Wall Street Journal
Corporate Retreats Are Back. Hotels Are Banking on It.
Desire for more face-to-face meetings is spurring companies to book group events.October 14 -
Business - CNBC
European Central Bank set for third interest rate cut of the year in meeting this week
Markets are eyeing two more rate cuts from the euro area's central bank this year amid a weak growth outlook and lower inflation.October 14