Ex-Barclays Trader Says He Felt `Used' by Swaps Colleagues
Ex-Barclays Trader Says He Felt `Used' by Swaps Colleagues
A former Barclays Plc trader on trial for rigging a key interest rate said he felt used by colleagues on the swaps desk who messaged with rivals at other banks to discuss their trading positions.
Bloomberg
Bloomberg
Another Deutsche Bank Error Revealed: $30 Billion 2014 Gaffe
Another Deutsche Bank Error Revealed: $30 Billion 2014 Gaffe
A 28 billion-euro ($35 billion) payments error at Deutsche Bank AG in March wasn’t the first such blunder to befall the lender.
Bloomberg
Bloomberg
Nizar Al-Bassam Sues Deutsche Bank Over $4.7 Million Bonus
Nizar Al-Bassam Sues Deutsche Bank Over $4.7 Million Bonus
A former Deutsche Bank AG executive, Nizar Al-Bassam, is suing the German lender to reclaim bonuses totaling about 4 million euros ($4.7 million) following a probe into hiring practices in Russia and the U.K.
Bloomberg
Bloomberg
Deutsche Bank to slash more than 7,000 jobs; chairman survives revolt – as it happened
German investment bank faces angry shareholders after announcing a wide-ranging restructuring that could hit the City hardDeutsche to cut headcount from 97,000 to well below 90,000Jobs at risk at Postbank, the City, and the USBank employs 8,500 people in the UKCEO: We must focus on what we do wellMove follow…
The Guardian - UK
The Guardian - UK
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Deutsche Bank slashes 7,000 jobs, with City likely to take hit
Bank announces investment arm will lose one in four jobs only hours before AGM
The Guardian - UK
The Guardian - UK
Deutsche Bank's Withdrawal From Equities Said to Go Global
Deutsche Bank AG is about to embark on a retreat from a swathe of equities markets across the world, including some on its own doorstep in Europe, according to people familiar with the matter.
Bloomberg
Bloomberg