|
|
Press Releases 2009
Press Releases 2009
December 17, 2009
Deutsche Bank completes 250-kw solar project at Piscataway facility Deutsche Bank today announced the completion of a 250-kilowatt solar photovoltaic (PV) system at its Piscataway, NJ, office. The roof-mounted array will offset a portion of the facility's electricity consumption and reduce its carbon emissions by 143 metric tons annually, equivalent to 16,232 gallons of gasoline ... [more]
December 14, 2009
Deutsche Bank celebrates grand opening of new technology development center in CaryDeutsche Bank, in conjunction with the State of North Carolina and the Town of Cary, marked the grand opening of a new technology development center in Cary today. The facility, located at 3000 Centre Green Way, will operate as DB Global Technology (DBGT), a newly formed subsidiary, and will develop a range of leading-edge applications and software solutions for many of Deutsche Bank's businesses ... [more]
December 14, 2009
Deutsche Bank announces Phase 4 of its management agendaDeutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today announces the launch of 'Phase 4' of its management agenda. Dr. Josef Ackermann, Chairman of the Management Board and of the Group Executive Committee, will lead the presentation of this new phase at a Group Investor Day in Frankfurt. Phase 4 of Deutsche Bank's management agenda runs through 2011, and identifies four strategic priorities ... [more]
December 14, 2009
Hedge Fund ETF reaches US $1 billion in assets under managementIn under a year the db x-trackers db Hedge Fund Index ETF has reached more than US$1 billion in assets under management. As of the 8th of December the fund's assets are US$1.05 billion or 715 million Euros. In January 2009 the db Hedge Fund ETF became the world's first ETF to directly invest in hedge funds via the db Hedge Fund Index ... [more]
December 8, 2009
Deutsche Bank opens new branch in Tianjin, China Deutsche Bank (China) Co. Ltd. ("Deutsche Bank China") today announced that its new Tianjin branch is open for business. The new branch complements Deutsche Bank's existing network in Beijing, Shanghai and Guangzhou and follows approval from the China Banking Regulatory Commission, obtained in July 2009 ... [more]
December 3, 2009
Deutsche Bank well on the way to climate neutralityDeutsche Bank has made a major step towards achieving its target of completely carbon-neutral business operations by 2012. One year on from its announcement that it would cut its global carbon footprint by 20% a year against the reference year 2007, the Bank has made further significant progress in neutralizing its carbon emissions ... [more]
November 30, 2009
Topping-out ceremony at Deutsche Bank Towers in FrankfurtDeutsche Bank today celebrates a topping-out ceremony following the full replacement of the tower facades and the integration of a new glass roof over the foyer. Following the traditional foreman's address, construction workers and companies involved in the project, neighbours as well as representatives of the City of Frankfurt are invited ... [more]
November 26, 2009
Change at the top of Deutsche Bank ResearchWith effect from January 1, 2010, Dr. Thomas Mayer (55) becomes head of Deutsche Bank Research and will become the new Chief Economist of Deutsche Bank. He succeeds Professor Dr. Norbert Walter (65), who will retire from the bank at the end of the year. Thomas Mayer is presently Chief European Economist in Deutsche Bank's Global Markets Division ... [more]
November 19, 2009
Deutsche Bank pioneers order placing on FX optionsDeutsche Bank's award-winning electronic FX trading platform has launched the first FX options service that will automatically execute orders placed ahead of time at the required price. The new service, called AutobahnFX Option Orders, will cut FX options execution costs and increase efficiency by ensuring that clients achieve the exact price they want ... [more]
November 19, 2009
Deutsche Bank's 10th annual charity trading day in South Africa raises R2.5mDeutsche Bank held its 10th annual charity trading day on Wednesday 18th November. Commissions generated on the day amounted to R2.5m which will be allocated to social responsibility projects through the Deutsche Bank Africa Foundation. As is customary, 20% of the amount raised (R500 000) will be presented to TSiBA Education in Cape Town ... [more]
November 17, 2009
Deutsche Bank named "Best Administrator for Small and Start up Hedge Funds" by HFM WeekDeutsche Bank's Alternative Fund Services, part of the bank's Trust & Securities Services business in its Global Transaction Banking (GTB) division, recently won the "Best Administrator for Small and Start up Hedge Funds" award from HFM Week. HFM Week's US Service Provider Awards are designed to recognize companies that have outperformed their peer group over the course of 2008/2009 ... [more]
November 17, 2009
Patrick Käufer joins Deutsche Bank's Debt Capital Markets groupDeutsche Bank is pleased to announce that Patrick M. Käufer has joined the firm as a Managing Director in the Debt Capital Markets (DCM) group. He is based in New York and will lead DCM's origination effort for aircraft and equipment financing. Käufer reports to Marc Fratepietro, Managing Director and Head of Industrials Origination within DCM ... [more]
November 16, 2009
Deutsche Bank further expands Global Prime Finance Information Technology teamDeutsche Bank today announced eight additions to the Group Technology and Operations group for Global Prime Finance, a business dedicated to developing and supporting technology for the Global Prime Finance business within the Bank's Global Markets division. Larry Pecker has joined as a Director and Head of Prime Brokerage Information Technology ... [more]
November 16, 2009
Deutsche Bank signs as lead sponsor of ART HK in Hong KongDeutsche Bank and ART HK today announced that Deutsche Bank has signed an agreement to be the lead sponsor of ART HK for an initial period of up to 5 years. ART HK is Hong Kong's largest and most important annual international art fair. Michael West, Deutsche Bank's Head of Communications for Asia Pacific said ... [more]
November 9, 2009
Deutsche Bank announces two new hires in Italian Mergers and AcquisitionsDeutsche Bank today announced the appointment of Giuseppe Baldelli as a Managing Director and Head of Italian Mergers and Acquisitions (M&A) within the firm's Global Banking division. Mr Baldelli joins Deutsche Bank from Credit Suisse. He will be based in London and report to Henrik Aslaksen and Brett Olsher, Global Co-Heads of M&A ... [more]
October 29, 2009
Deutsche Bank reports third quarter 2009 net income of EUR 1.4 billionDeutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today reported results for the third quarter and first nine months of 2009. Net income for the quarter was EUR 1.4 billion, up from EUR 414 million in the third quarter 2008. Expected taxation on pre-tax income was more than offset by specific tax items during the quarter ... [more]
October 28, 2009
Deutsche Bank and Sal. Oppenheim sign framework agreementDeutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) and the owners of Sal. Oppenheim jr. & Cie. S.C.A. today announced the signing of a framework agreement which will allow Deutsche Bank to acquire 100 per cent of Sal. Oppenheim Group at a price of EUR 1.0 billion. The present shareholders in Sal. Oppenheim have the option of a long-term shareholding ... [more]
October 26, 2009
DB Climate Change Advisors publishes analysis of 270 climate and energy policiesDeutsche Bank's Asset Management division (DeAM) today published research which provides investors with an analysis of climate change policies and assigns a risk rating to 109 countries, states and regions based on key government mandates and supporting policy frameworks. The report, titled "Global Climate Change Policy Tracker: An Investor's Assessment" (Climate Tracker), ... [more]
October 20, 2009
Deutsche Bank to host 15th Annual Women on Wall Street® ConferenceDeutsche Bank today announced that its Women on Wall Street® Network (WOWSTM) will host the 15th Annual Women on Wall Street® conference, entitled "Overcoming Obstacles: Transforming Challenges into Opportunities," tonight at 5:00pm in New York. WOWSTM has sponsored this conference for members of the financial and broader business communities every year since 1995... [more]
October 14, 2009
Frieze Art Fair 2009 in London: Deutsche Bank is the main sponsor for the sixth year Deutsche Bank is the main sponsor of Frieze Art Fair for the sixth consecutive year. The art fair takes place in London from October 15th to 18th. This year, Deutsche Bank is once again using the fair to present works from its substantial corporate collection, and is again supporting the Deutsche Bank Education Space, which familiarizes children and young adults with contemporary art... [more]
October 5, 2009
Deutsche Bank and Czarnikow forge Trading Alliance in sugar and ethanolDeutsche Bank, a leading global investment bank, and Czarnikow Group, the world's leading independent sugar market services company, today announced a strategic alliance to offer financial and physical sugar and sugar based ethanol products and services to their combined client base. The alliance will create the world's strongest combined physical and financial product offering for... [more]
September 28, 2009
dbFX uses social media to engage with FX tradersdbFX, Deutsche Bank's online retail foreign exchange (FX) trading platform is using social media sites such as Twitter, YouTube, Facebook and LinkedIn to connect with FX traders and attract new visitors to dbfx.com site. The Twitter page is updated regularly by dbFX staff members and offers news and updates from the team, including ... [more]
September 24, 2009
Deutsche Bank Named among the 100 Best Companies of 2009 by Working Mother MagazineDeutsche Bank today announced it has been named among the 100 Best Companies of 2009 by Working Mother, underscoring the Bank's dedication to family-friendly benefits and programs supporting work-life balance. In the October issue of Working Mother, Stephanie Ruhle, a Managing Director in the Bank's Institutional Client Group within the Global Markets division, is profiled and featured on the cover... [more]
September 22, 2009
Deutsche Bank strengthens Global Prime Finance in New YorkDeutsche Bank today announced four hires in Global Prime Finance within the Bank's Global Markets division. All of the hires will specialize in securities lending and will be based in New York. The following hires will report to Paul Busby, Managing Director and Head of Securities Lending for the Americas... [more]
September 22, 2009
Successful launch of new UCITS III currency fundDeutsche Bank has launched a UCITS III compliant currency fund, a benchmark index product which offers institutional investors access to broad currency market returns. The fund, called the DB Platinum Currency Returns Plus Fund, offers exposure to the Deutsche Bank Currency Returns + Index (DBCR+) and is available in EUR, USD and GBP... [more]
September 3, 2009
Deutsche Bank Championship sustains green commitmentThe Deutsche Bank Championship reaffirmed its commitment to environmental sustainability today, announcing the 2009 edition of the Championship will once again be carbon neutral. The Championship and its Founders Club Partners also expanded the extensive sustainability program it launched in 2008, and for the first time will feature a solar power installation and a new Sustainability Tent... [more]
September 1, 2009
Deutsche Bank to redeem PowerShares DB Crude Oil Double Long Exchange Traded Notes Deutsche Bank today announced that it will redeem all outstanding PowerShares DB Crude Oil Double Long Exchange Traded Notes (NYSE: DXO; TSX: DOU)("the Notes"). Limitations imposed by the exchange on which Deutsche Bank manages the exposure of the Notes have resulted in a "regulatory event" as defined in the terms of the Notes, which has caused Deutsche Bank to redeem the Notes... [more]
August 24, 2009
Deutsche Bank announces TNK-BP pre-export finance facility oversubscribed at US$600mDeutsche Bank announced today that Tranche D of TNK-BP's latest pre-export finance facility has been signed and drawn. This brings total commitments to US$600m. This is the first syndicated pre-export loan transaction in Russia this year (as opposed to a club deal), and reinforces Deutsche Bank's leading role in trade finance deals in Russia over three decades... [more]
August 20, 2009
Deutsche Bank ranked second in Hedge Fund Administration SurveyDeutsche Bank's Alternative Fund Services, part of the bank's Global Transaction Banking (GTB) division, has ranked second among top administrators in Global Custodian magazine's 2009 Hedge Fund Administration Survey. This is the first time Deutsche Bank has participated in the survey, which is published annually and includes responses from 1,370 clients of hedge fund administrators around the globe... [more]
August 5, 2009
Deutsche Bank launches autobahnFX AlgoDeutsche Bank has launched a new highly advanced FX execution tool, called autobahnFX Algo, which will allow clients to control how they time and price large orders with greater levels of precision, efficiency, flexibility and transparency than ever previously offered. autobahnFX Algo also allows clients to receive e-mail and SMS notifications... [more]
July 28, 2009
Statement by the Supervisory Board of Deutsche Bank The Supervisory Board and the Management Board of Deutsche Bank have acknowledged the report by the law firm Cleary Gottlieb Steen & Hamilton. According to this report, the questionable methods used were not authorized by members of the Supervisory Board or the Management Board. We regret what took place. Internal measures have been initiated to prevent similar incidents in the future... [more]
July 28, 2009
Supervisory Board extends Dr. Josef Ackermann's contractAt its meeting today, the Supervisory Board of Deutsche Bank adopted a formal resolution to extend the contract of Dr. Josef Ackermann as Chairman of the Management Board by three years until the 2013 General Meeting. The Supervisory Board had already put this proposal to Dr. Ackermann on April 27 and obtained his consent... [more]
July 22, 2009
Deutsche Bank gives update on inquiries After receiving the final report of the investigation, that the law firm Cleary Gottlieb Steen & Hamilton in Frankfurt has conducted on its behalf, Deutsche Bank today presented its key results and first steps of corrective and disciplinary action. The investigation involved questionable investigative or surveillance activities which originated in the Bank's Corporate Security Department... [more]
July 21, 2009
Deutsche Bank broadens company research coverage of energy sectorDeutsche Bank Securities Inc. today announced that Jonathan Arnold will join as a Managing Director and senior equity research analyst in Company Research within the Global Markets division. Arnold will be based in New York and report to Steve Pollard, Managing Director and Americas Head of Research... [more]
July 20, 2009
Deutsche Bank autobahn equity sponsored access to Chi-X is liveDeutsche Bank's autobahn® Equity business, within its Global Markets division, announced today that it is live with sponsored access to Chi-X Europe Ltd. (Chi-X) for professional clients. Sponsored access enables the fastest-possible execution on Chi-X by utilising a direct technical connection, and is a solution for latency-sensitive clients seeking the most efficient access to this highly liquid execution venue... [more]
June 17, 2009
Deutsche Bank appoints Ram Nayak as Head of Global Markets StructuringDeutsche Bank today announced the appointment of Ram Nayak as Head of Global Markets Structuring. He will also become a member of the Global Markets Executive Committee. Mr Nayak will take responsibility for the Bank's multi-asset class structuring capabilities globally, working across product and coverage businesses... [more]
June 17, 2009
Deutsche Bank appoints Chief Executive Officer for the United KingdomDeutsche Bank today announced the appointment of Colin Grassie as Chief Executive Officer for the United Kingdom. In his new role, Mr Grassie will have responsibility for development of the Bank's UK franchise, including management of relationships with the government, regulators and key clients... [more]
June 16, 2009
Successful launch of new UCITS III CROCI Carbon Funds Deutsche Bank's award winning funds platform has launched two innovative UCITS III funds that provide investors exposure to a stock portfolio of attractively valued companies with low greenhouse gas emissions. The DB Platinum CROCI Carbon 100 Euro TR Fund, a global long-only strategy, and the DB Platinum CROCI Carbon Alpha TR Fund, a global long-short strategy, target strong investment returns combined with an assessment of the ability... [more]
June 11, 2009
Dushyant Chadha to lead Deutsche Bank Equity Derivatives in North AmericaDeutsche Bank Securities Inc. today announced that Dushyant Chadha will join as a Managing Director and Head of Equity Derivatives in North America, within the Bank's Global Markets division. Chadha will be based in New York and report to Roger Naylor, Managing Director and Global Head of Equity Derivatives, and Robert Karofsky, Co-Head of Global Markets Equity... [more]
June 10, 2009
Deutsche Bank Private Wealth Management to add four senior hiresDeutsche Bank Private Wealth Management (PWM) today announced the addition of four new hires to the firm's US Private Wealth Management group. The additions include four Managing Directors, Joanne Jensen, Pat Janco, Becky Creavin and Jennifer Shaw, who will be located in Deutsche Bank's Park Avenue office in New York... [more]
June 4, 2009
Deutsche Bank supports Yona Friedman's Venice Biennale ProjectThis year Deutsche Bank will once again be supporting a major project at the Venice Biennale. The main sponsor of Isa Genzken's installation 'Oil' at the German Pavillion in 2007, Deutsche Bank will now sponsor Yona Friedman's project "Ville Spatiale - Visualization of an Idea", which will be shown as part of the 2009 international art exhibition "Fare Mond / Making Worlds / Weltenmachen"... [more]
June 2, 2009
Deutsche Bank has issued inaugural PfandbriefDeutsche Bank has further expanded its refinancing base by issuing an inaugural Pfandbrief (covered bond). The bank said today that the bond was placed at a spread of 55 basis points over the mid swap rate. The Pfandbrief has an issue volume of EUR 1 billion and a maturity of 7 years... [more]
May 26, 2009
Deutsche Bank maintains its high level of support in Corporate Social ResponsibilityDeutsche Bank maintained its high level of support for its Corporate Social Responsibility activities in 2008. Today in Frankfurt, the bank published its Corporate Social Responsibility Report (CSR), which details the support provided by the bank and its foundations last year amounting to more than EUR 82 million to projects in sustainability and corporate volunteering, education, social investments and art... [more]
May 22, 2009
Deutsche Bank undertakes independent investigationDeutsche Bank's executive management learned about possible violations which occurred in past years of the bank's internal procedures or legal requirements in connection with activities involving the bank's corporate security department. The Chairman of the Management Board, Dr. Josef Ackermann, and the Global Head of Group Audit, in coordination with the Audit Committee of the Supervisory Board,... [more]
May 20, 2009
Deutsche Bank appoints Robert Rankin CEO, Asia Pacific (ex Japan) Deutsche Bank today announced the appointment of Robert Rankin as Chief Executive Officer, Asia Pacific (ex Japan) effective June 10, replacing Colin Grassie, who is returning to Europe. Mr Rankin will report to Juergen Fitschen, Member of Deutsche Bank's Management Board and Global Head of Regional Management... [more]
May 18, 2009
Deutsche Bank expands FX4Cash with the addition of 50 currenciesDeutsche Bank today announced the availability of 50 additional currencies on its FX4Cash platform. With this addition, clients will now be able to make payments in 125 currencies across more than 160 countries. Launched in 2008, FX4Cash provides global cross-currency payment solutions for... [more]
May 12, 2009
Deutsche Bank publishes Basel II Pillar 3 Report 2008Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today published its Basel II Pillar 3 Report 2008, as required for the first time for the financial year ending 31 December 2008. We expect to publish this report annually going forward. It includes information on the Group's capital adequacy and risk and capital management... [more]
May 6, 2009
Deutsche Bank adds Senator Chuck Hagel to Americas Advisory BoardDeutsche Bank today announced that former Senator Chuck Hagel has joined its Americas Advisory Board (AAB). Hagel served two terms in the United States Senate, from 1997 to 2009, representing the state of Nebraska and currently is a Distinguished Professor at Georgetown University and the University of Nebraska at Omaha... [more]
May 5, 2009
Deutsche Bank launches bond in TaiwanDeutsche Bank today announced it has launched its second bond issue in Taiwan, which offers investors a fixed interest rate of 3% - a comparatively higher rate than what is available locally on USD deposit. Issued by Deutsche Bank Frankfurt, the 3-year USD bonds will be listed on Taiwan's Gre Tai Securities Market... [more]
April 29, 2009
Timothy Fischer to join Deutsche Bank's high yield trading desk in New YorkDeutsche Bank today announced that Timothy Fischer will join the bank as a Managing Director in Global Credit Trading within its Global Markets division. Fischer will be based in New York and trade high yield bonds and credit derivatives. He will report to Nick Pappas and Ray Costa, Co-Heads of Investment Grade, High Yield and Distressed Debt Trading for the US.... [more]
April 28, 2009
Deutsche Bank reports first quarter 2009 net income of EUR 1.2 billionDeutsche Bank today reported results for the first quarter 2009. Net income for the quarter was EUR 1.2 billion, compared to a net loss of EUR 141 million in the first quarter 2008. Diluted earnings per share for the quarter were EUR 1.92, versus negative 27 cents in the first quarter 2008. Income before income taxes was EUR 1.8 billion in the quarter... [more]
April 27, 2009
Deutsche Bank: Contract of Dr. Josef Ackermann to be extendedAt its meeting today, the Supervisory Board of Deutsche Bank unanimously decided to request that Dr. Josef Ackermann should extend his contract by three years, until the Annual General Meeting of 2013. Dr. Ackermann has agreed to this request. The formal ratification of this decision will take place at the Supervisory Board's meeting of 28 July 2009... [more]
April 20, 2009
db x-trackers passes EUR 20 billion in assets under management db x-trackers, Deutsche Bank's Exchange Traded Fund (ETF) platform, and Europe's fastest growing ETF provider, has passed EUR 20 billion in assets under management. Since launching the first product in January 2007, db x-trackers has become firmly established as one of the top three ETF providers in Europe with a market share of 19% of AUM... [more]
April 15, 2009
Deutsche Bank delivers co-location at the Australian Securities ExchangeDeutsche Bank's Autobahn® Equity business, within its Global Markets division, announced today that it will participate in the Australian Securities Exchange's (ASX) co-location service program. Under the program, recently made available by the ASX, Deutsche Bank will place electronic trading equipment at the ASX data center in Sydney, Australia... [more]
April 14, 2009
Deutsche Bank launches first UCITS III fund in the inflation-linked Treasury spaceDeutsche Bank has launched the first UCITS III fund enabling investors to access the US inflation-linked Treasury bond (TIPS) market in a convenient format. The Platinum IV Enhanced US Treasury fund offers exposure to US inflation-protected US Treasuries and Deutsche Bank expects to see significant inflows as a result of increased investor interest in this market... [more]
March 30, 2009
Fiscal stimulus not monetary policy will jump start economyFiscal stimulus is what is required to break the cycle of excessive borrowing, and allow the private sector to begin paying off large accumulated debts, Marshall Gittler, Chief Strategists - International at Deutsche Bank's Private Wealth Management, said during a media roundtable held today. Gittler, who focused on global macro-economic trends,... [more]
March 28, 2009
Deutsche Bank celebrates Golden Jubilee in the Middle EastDeutsche Bank marked 50 years of continued presence in the Middle East and North Africa with a gala event in the Egyptian capital Cairo, where it opened its office in 1959. The event, hosted by Henry Azzam, Deutsche Bank's CEO in the Middle East and North Africa, and Werner Steinmueller, Head of Global Transaction Banking at the Bank, ... [more]
March 24, 2009
Deutsche Bank publishes 2008 Annual ReportDeutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today published its Annual Report for the financial year 2008. The Annual Report consists of the Annual Review and the Financial Report. The Annual Review provides information about Deutsche Bank's structure, core businesses, capital market performance, human resources and social responsibility activities... [more]
March 24, 2009
Deutsche Bank publishes seventh annual Alternative Investment SurveyDeutsche Bank today announced the results of the seventh annual Alternative Investment Survey, which was conducted during February 2009 by the Bank's Hedge Fund Capital Group. Approximately 1000 investors responded to this year's survey, including funds of hedge funds, family offices, banks, wealth management companies, consultants, pensions, insurance companies, foundations, and corporations... [more]
March 17, 2009
Four new members appointed to Deutsche Bank's Management BoardAt its meeting today, the Supervisory Board of Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) appointed the following four executives to the Management Board with effect from 1 April 2009: Michael Cohrs, Head of Global Banking; Jürgen Fitschen, Global Head of Regional Management; Anshu Jain, Head of Global Markets; and Rainer Neske, Head of Private & Business Clients... [more]
March 17, 2009
Deutsche Bank reinforces its Group Executive CommitteeIn addition to the Management Board appointments announced separately today Deutsche Bank (XETRA: DBKGn.DE, NYSE: DB) is also reinforcing the bank's Group Executive Committee (GEC). With effect from 1 April 2009, Werner Steinmüller, Head of Global Transaction Banking, and Seth Waugh, Regional CEO Americas, will be appointed as new members of the GEC... [more]
March 16, 2009
250 per cent growth in fixed income ETFs, according to Deutsche BankThere has been an explosion in fixed income ETF assets under management (AUM) in Europe, with 250% growth in less than two years, of which 44% of growth can be attributed directly to db x-trackers. db x-trackers, Deutsche Bank's Exchange Traded Fund platform, raised #10bn AUM in fixed income ETFs between June 2007 and February 2009... [more]
March 12, 2009
Deutsche Bank partners with Luup International to shape the future of mobile paymentsDeutsche Bank's Global Transaction Banking (GTB) division, one of the leaders in payments clearing and settlement across all major currencies, is introducing mobile phone payments services to its clients in 80 countries across Europe, Middle East and Asia. Luup, a European-based mobile payment provider with a global footprint, will partner with Deutsche Bank to provide the service... [more]
March 12, 2009
db x-trackers lists the world's first ETF on hedge fundsDeutsche Bank has launched the world's first Exchange Traded Fund (ETF) based on actual hedge funds, providing liquid, exchange-tradable access to the hedge fund asset class. The hedge fund ETF, which is UCITS III compliant, is linked to the db Hedge Fund Index - a proprietary Deutsche Bank index that captures core hedge fund strategies... [more]
March 12, 2009
Deutsche Bank Presenting Works To Be Loaned to the Städel Museum at TEFAFOnce again, Deutsche Bank will be presenting itself at the European Fine Art Fair TEFAF (March 13-22, 2009) in Maastricht in the Netherlands and thus will be continuing its many years of commitment at one of the world's leading art and antiques fairs. Under the motto "First Choice: the Deutsche Bank Collection and the Städel Museum," in its Art Lounge the bank will be providing a... [more]
March 6, 2009
Masaya Okoshi and Sean George to join Deutsche Bank's Global Credit Trading Group Deutsche Bank today announced that Masaya Okoshi and Sean George will join the bank as Managing Directors in Global Credit Trading within its Global Markets division. Based in New York, Okoshi and George will trade investment grade and high yield bonds and credit derivatives, and report to Nick Pappas, Managing Director and Head of Flow Credit Trading for North America... [more]
March 3, 2009
Deutsche Shipping turns in excellent profit for 2008Deutsche Bank's ship financing business, which has been operating under the name of 'Deutsche Shipping' since May 2008, remains on track for success. Ralf Bedranowsky, Global Head of Deutsche Shipping, and Annemarie Ehrhardt, Head of CRM Shipping, presented the results for the 2008 financial year in Hamburg... [more]
February 25, 2009
Deutsche Bank and Deutsche Post close Postbank transactionDeutsche Bank AG (XETRA: DBKGN.DE / NYSE:DB) and Deutsche Post AG announced today that they have completed the transaction disclosed on 14 January 2009 for the acquisition of shares of Deutsche Postbank AG. Deutsche Bank's acquisition of 50 million Postbank shares (approx. 22.9%) will be effective with... [more]
February 19, 2009
Deutsche Bank appoints James Freeman as Head of Banking Research for AustraliaDeutsche Bank today announced the appointment of James Freeman as Head of Banking Research. Mr Freeman replaces Ross Brown, who will be taking a one year sabbatical to travel overseas with his family, and will report to Tim King, who returns from sabbatical to resume his role as Head of Company Research for Australia and New Zealand... [more]
February 18, 2009
Deutsche Bank Autobahn® Equity releases the Stealth strategy algorithmDeutsche Bank's Autobahn® Equity business, within its Global Markets division, announced today the global availability of an algorithm based on Deutsche Bank's proprietary "Stealth" strategy, which silently executes difficult orders in over 30 markets around the world. The Stealth strategy is liquidity-seeking, and... [more]
February 13, 2009
Deutsche Bank pledges AUD 250,000 to Bushfire Relief in VictoriaDeutsche Bank today announced it has pledged AUD250,000 to bushfire relief in Victoria and will also match dollar for dollar employee donations made to appeals to support victims of the bushfires. "The recent bushfires in Victoria will be recorded as the most devastating in Australia's history ... [more]
February 10, 2009
Deutsche Bank launches Research Coverage of Saudi EquitiesDeutsche Bank announced today that it has commenced its research coverage of companies listed on the Saudi Stock Exchange (Tadawul) with the release of two inaugural equity research reports. The first of these reports, titled "Resilience in Adversity", is the first ever comprehensive research report on the Saudi Arabian banking sector... [more]
February 5, 2009
Deutsche Bank reports net loss of EUR 3.9 billion for the year 2008Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today reported unaudited figures for the fourth quarter and full year 2008 in line with its pre-announcement on 14 January 2009. For the full year 2008, the bank reported a net loss of EUR 3.9 billion and a loss before income taxes of EUR 5.7 billion... [more]
February 3, 2009
Deutsche Bank significantly expands Global Financial Institutions CoverageDeutsche Bank today announced 12 new hires in the firm's Financial Institutions Group in its Global Banking division. The additions comprise six Managing Directors as well as a number of Directors, Vice Presidents and Associates, focused on banks and asset management client coverage. The new hires will be located in New York, London and Hong Kong... [more]
January 22, 2009
First market-neutral UCITS III fund launched in the commodity spaceDeutsche Bank has announced the launch of the UCITS III (Undertakings for Collective Investment in Transferable Securities) compliant DB Platinum Commodity Harvest fund, which will be publicly available in multiple European jurisdictions. Deutsche Bank believes this to be the first market-neutral UCITS III fund in the commodities space... [more]
January 20, 2009
DB Advisors: Deflation Fears Are ExaggeratedGovernments and central banks have been featuring a formerly unknown activity for some time: in the past four weeks, 14 countries have agreed to at least one fiscal package and 10 central banks have loosened their monetary policy. The undisputable dramatic downswing of the global economy since mid-2008 is... [more]
January 14, 2009
Deutsche Bank and Deutsche Post adjust structure of Postbank contractDeutsche Bank AG (XETRA: DBKGn.DE / NYSE: DB) and Deutsche Post AG have agreed on an improved transaction structure for Deutsche Bank's acquisition of Deutsche Postbank AG shares based on the previous purchase price. The contract now comprises three tranches, enabling Deutsche Bank to complete the acquisition in a more capital-efficient manner... [more]
January 14, 2009
Deutsche Bank provides update on fourth quarter 2008 performanceDeutsche Bank (XETRA: DBKGn.DE / NYSE: DB) today announced, on a preliminary and unaudited basis, key elements of its fourth quarter 2008 financial performance. Fourth-quarter loss: The bank currently anticipates a loss after taxes in the region of EUR 4.8 billion for the fourth quarter 2008. This development reflects exceptional market conditions... [more]
January 11, 2009
Deutsche Bank launches revolutionary Sharia Compliant Issuance PlatformDeutsche Bank announced today the launch of "Al Mi'yar", a first of its kind platform aimed at facilitating the issuance of Shari'a compliant securities. "Al Mi'yar", from the Arabic "The Standard", is a Luxembourg domiciled platform, developed by Deutsche Bank, with Luxembourg Financial Group A.G. as the Shari'a investment manager... [more]
January 6, 2009
Deutsche Bank and Shanxi Securities China joint venture approved Deutsche Bank and Shanxi Securities Co. Ltd. today announced that their agreement to form a new securities joint venture has been approved by the China Securities Regulatory Commission (CSRC). The joint venture, named "Zhong De Securities Company Limited", will be registered and principally located in Beijing... [more]
|
|
RSS-Newsfeed
Read more about Deutsche Bank RSS news feeds.
RSS-Newsfeed
|
