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Deutsche Bank Sells Bad Securities To Goldman Sachs Amid Restructuring
Wednesday, November 27, 2019 - 2:11pm | 353Read More...Deutsche Bank AG (NYSE: DB) formally announced the sale of $50 billion in unwanted assets to Goldman Sachs Group Inc. (NYSE: GS) on Wednesday as part of an overhaul of its emerging-market debt holdings, according to Reuters. To conduct the transaction, Deutsche is using a capital release unit...
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More Austerity for Spain
Wednesday, July 11, 2012 - 12:38pm | 389Read More...The Wall Street Journal reported on the new austerity measures being implemented in recession-stricken Spain on Wednesday morning. Spanish Prime Minister Mariano Rajoy announced measures that will help the country cut its budget deficit by 65 billion euros, or $79.62 billion through 2015. He also...
