Yuya Shino/Reuters Softbank CEO Masayoshi Son Japanese tech and telecom giant SoftBank has hired Colin Fan, a former head of investment banking and trading at Deutsche Bank, Bloomberg News’ Stephanie Baker reports.  The Hong Kong-born banker joined Deutsche Bank as a credit trader in 1998. Over 19 years, Fan rose through the ranks, eventually being named co-head of the firm’s […]

Deutsche Bank is making a big bet on financial technology.  The German bank is investing in fintech startups.  It just opened a fourth innovation lab, this time in the financial district in New York. A chunk of its website is dedicated to digital banking.  Now it’s making a push to advise financial technology companies, too. The German bank has hired Tommaso […]

Thomson Reuters Deutsche Bank Chief Executive Cryan addresses a news conference in Frankfurt LONDON – Deutsche Bank revealed it has hired around 370 compliance and anti-financial crime staff in the past 12 months, despite reducing overall headcount by more than 3,000 in the same period. The bank said that revenue in the first quarter of 2017 […]

Jonathan Bachman / Getty Images Former UKIP leader Nigel Farage with Donald Trump. LONDON – 2016 will be remembered as a year of populist political upsets. The UK’s Brexit vote in June and the election of President Donald Trump in November put nationalism centre stage in global politics. Meanwhile, French National Front leader Marine le Pen […]

Deutsche Bank just made a big hire in its San Francisco office. Glenn Rewick will join the firm as a managing director in Americas mergers and acquisitions, or M&A. He was previously UBS’ head of healthcare M&A in Europe, Middle East, and Africa, based in London. “Glenn has trusted relationships with leading healthcare companies across […]

Thomson Reuters Deutsche Bank Chief Executive Cryan attends a news conference in Frankfurt Deutsche Bank is looking to “conducting preparatory steps” for a potential $ 8.5 billion capital raise. Here’s the statement from the bank: Deutsche Bank confirms that it is conducting preparatory steps for a potential capital raise of approximately EUR 8 billion and […]

AP Photo/New Zealand Herald, Alan Gibson LONDON – The risk of a serious trade war between the world’s two largest economies has sharply increased, according to analysts at Deutsche Bank And it may be down to a product known as distillers’ dried grains, an ingredient in animal feed. Last week China increased anti-dumping tariffs on […]

Deutsche Asset Management, the asset management arm of Deutsche Bank, believes globalization is under serious threat and the “benefits have to be better articulated to the public.” Josh Feinman, Deutsche Asset Managment’s global chief economist, says in a recent note to clients that anti-globalization sentiment has “unleashed a political backlash, an anti-establishment revolt— “a politics […]