Steven Arons
Stories by Steven Arons
Indian IT major TCS in talks to buy Deutsche Bank’s technology unit
Discussions about Postbank Systems may result in a deal by the year-end.
Deutsche Bank’s restructuring comes in after CEO runs out of options
Christian Sewing announced “tough” measures to come at the bank’s annual general meeting in May.
Deutsche Bank cuts 18,000 jobs as part of $8.3b overhaul
The development follows a $3.1 billion second-quarter loss.
Deutsche Bank plans to shut down most of its Asia equity businesses
The move is a part of its restructuring exercise, said sources.
MUFG close to acquiring aviation finance arm of Germany’s DZ Bank for $6.3b
For MUFG, Japan’s biggest bank, the deal is the latest in a spate of acquisitions abroad.
Deutsche Bank said to get commitments from Qatar wealth fund
QIA, which manages $320 billion, is known for its big-name investments and has purchased stakes in companies including Rosneft PJSC and Volkswagen AG.
No plans to exit Asia markets, Deutsche Bank CEO tells staff
Deutsche Bank has said it plans to pare back purely local business in Asia, along with corporate finance operations.
HNA cuts Deutsche Bank stake, vows to remain a major investor
The reduction comes amid an attempt by HNA to raise $16 billion by selling assets to deal with financing problems in China.
Deutsche Bank to raise up to $2.2b in asset manager IPO
Nippon Life Insurance Co. has agreed to acquire a 5 percent stake in the Deutsche asset management unit in the IPO as a cornerstone investor.
Deutsche Bank lines up IPO of asset management unit DWS
Deutsche Bank expects to sell a 25% stake that could be valued at 1.5 billion euros ($1.85 billion) to 2 billion euros on an exchange.
