Deutsche Bank AG, Europe’s biggest investment bank by revenue, barred multi-party chat rooms at its fixed-income and currency trading businesses as regulators continued punishing banks for alleged rate-rigging.
The departure of New York Times Co. Chief Executive Officer Janet Robinson last month leaves the company with a leadership vacuum amid falling revenue, profit squeezed by pension costs and pressure from family members to restore a dividend once worth more than $20 million a year.
June 20 (Bloomberg) -- Michael Golden, president and chief executive officer of ShopRunner, talks about the company's business strategy and services for retailers. He speaks with Cory Johnson on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
Deutsche Bank AG’s Christian Bittar, one of the firm’s best-paid traders, lost about 40 million euros ($53 million) in bonuses after he was fired for trying to rig interest rates, three people with knowledge of the move said.
Deutsche Bank AG, Europe’s biggest investment bank by revenue, dropped in Frankfurt following a report that one of its co-chief executive officers will warn next week about a decline in the debt-trading business.
Every morning, from his desk by the bathroom at the far end of Royal Bank of Scotland Group Plc’s trading floor overlooking London’s Liverpool Street station, Paul White punched a series of numbers into his computer.