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Deutsche Bank's Fate Might Be In The Hands Of These 10 People
Friday, September 30, 2016 - 7:13am | 420Deutsche Bank AG (NYSE: DB) hit a new all-time low of $11.19 on Monday after a Bloomberg report suggested some of the bank's hedge fund clients are withdrawing excess capital amid the bank's uncertain future. There is little doubt that Deutsche Bank's stock will be front and center...
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Allianz CIO Utermann: Deutsche Bank Is 'Too Important,' Says State Support Will Be Available
Monday, September 26, 2016 - 10:25am | 340According to a Bloomberg report, Deutsche Bank AG (USA) (NYSE: DB) could be forced to raise capital in order to pay a $14 billion fee imposed by the U.S. Department of Justice. Shares of the German bank fell to a new-all time low early Monday morning following the report that also suggested the...
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Bloomberg's 50 Most Influential People: The Who's Who Of Global Finance, Government And Entertainment
Thursday, September 22, 2016 - 11:09am | 534Bloomberg published a list on Thursday of who its reporters and editors consider to be the most influential people in the world. For many, the list shouldn't come as a surprise and contains familiar names including JPMorgan Chase & Co. (NYSE: JPM)'s CEO Jamie Dimon, Tesla Motors Inc (NASDAQ:...
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Wal-Mart Once Pulled 'Woman President' T-Shirts Because It Offended Family Values
Wednesday, July 27, 2016 - 8:43am | 492Twenty years ago it may have been "offensive" for a company to sell a t-shirt proclaiming that someday a woman will be president. That company happens to be Wal-Mart Stores, Inc. (NYSE: WMT). Back in 1995, a Wal-Mart store had to pull the t-shirt after one customer complained....
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EU In Favor Of Iran Deal
Wednesday, July 22, 2015 - 1:55pm | 364EU finance ministers met on Monday to discuss the terms of the nuclear deal agreed to by Iranian officials and Western diplomats earlier this month. The deal requires that Iran curb its nuclear development in exchange for fewer economic sanctions that have been squeezing the nation's finances for...
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One Step Closer To A Grexit?
Wednesday, July 8, 2015 - 2:35pm | 413Barclays analyst François Cabau believes that Tuesday's Euro Summit represented "one more step toward Grexit." He explained that no agreement was reached during the meeting, with the Greek position already having been weakened after Sunday's referendum vote. According to Cabau, eurozone leaders...
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Will Greece And The Euro Finally Reach A Deal?
Monday, June 22, 2015 - 2:42pm | 484Could there finally be a light at the end of the tunnel? Signs are pointing toward the increasing likelihood of a deal between Greece and its eurozone creditors. Greek Prime Minister Alexis Tsipras met with the heads of the Troika – the European Commission, European Central Bank and...
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Options Traders: No Shame In Waiting Out Greece This Week
Monday, June 22, 2015 - 11:06am | 709Get a full recap of this week's outlook in the video below: Recap: The indices ended green for the week, but ended Friday on a red note. Most notable was the outperformance of the small-caps as they busted into all-time highs. The wrench in the markets continues to be the Greek debt situation, but...
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Transatlantic Trade Deal Negotiations Continue This Week
Thursday, April 23, 2015 - 10:37am | 359This week, policy makers have been meeting in New York in an effort to smooth out the details of Obama's sweeping Trans-Atlantic Trade and Investment Partnership, a deal that would remove most of the trade barriers between the U.S. and Europe. While Obama has touted the benefits of opening...
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How To Play Greece's Financial Problems
Friday, March 20, 2015 - 2:17pm | 472Although the deteriorating relationship between Greece and its creditors has played out across the headlines this week, the general consensus among investors is that the two sides will eventually reach a deal regarding Athens' bailout package. On Thursday, German Chancellor Angela Merkel...
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What's Apple CEO Tim Cook Doing In Israel?
Thursday, February 26, 2015 - 11:50am | 453Tim Cook, Apple Inc. (NASDAQ: AAPL) Chief Executive Officer, on Wednesday met with Israel's President Reuven Rivlin during a visit to the Middle East country while checking in with the company's new research and development center. According to Times of Israel, Cook told the Israeli...
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Is The Eurozone Readying For A 'Grexit'?
Monday, January 12, 2015 - 2:57pm | 519With just two weeks to go until Greece is set to hold its national elections, the radical leftist Syriza party led in the polls over the weekend. The world has been watching developments in the tiny Eurozone country because, despite its size, Greece may make waves if the party comes into power....
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Should Greece And Another Round Of The European Debt Crisis Be On Your Radar?
Tuesday, January 6, 2015 - 1:56pm | 1118So far at least, the New Year has been anything but happy for stock market investors. In short, traders have ignored the traditional seasonal pattern and have instead focused on the negative. So, the worries are back. Greece is back. And after Monday, some fear appears to be back at the corner...
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Euro Steady As Fighting Resumes In Ukraine
Tuesday, September 30, 2014 - 8:27am | 316The euro was steady below $1.27 on Tuesday morning as investors kept an eye on the region’s economic data, hoping for any clues about the European Central Bank’s plans for Thursday’s meeting. The common currency traded at $1.2689 at 4:00 GMT, little changed from Monday despite...
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Euro Continues To Struggle With Meeting Between France And Germany In Focus
Monday, September 22, 2014 - 8:52am | 330The euro began the week below $1.29 as the region’s economy continued to sag. The common currency traded at $1.2826 at 6:00 GMT ahead of a meeting between German Chancellor Angela Merkel and her French counterpart Manuel Valls. The two nations are set to discuss how France can implement...