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  • September 2, 2014
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  1. Business - Banking & Finance - COURTS

    Deutsche Bank offers ICBC executive Zhang Hongli a settlement deal

    Posted Aug 25th 2014, 03:34am by STAFF

    ... Staff Reporter German lender tells ICBC banker it is suing over unapproved transfer to a relative's company that it will forgo the interest in the US$6.3m lawsuit Deutsche Bank offers top exec settlement deal Deutsche Bank has offered an out-of-court settlement to a top mainland banker who they sued for allegedly transferring millions of dollars when he worked ...

  2. Business - Commodities - ENERGY

    Deutsche Bank lends US$1b in Japan solar gold rush

    Posted Jul 09th 2014, 05:19am by Bloomberg

    ... Bloomberg in Tokyo German lender joins Goldman Sachs in funding cleaner energy in the country as the government struggles to restart nuclear power plants Deutsche Bank lends US$1 b in Japan solar gold rush Deutsche Bank plans to lend about US$1 billion for Japan solar projects, joining Goldman Sachs Group in funding cleaner energy as the government struggles to restart ...

  3. Business - Banking & Finance - BANKING

    Zhang Hongli lawsuit 'will hurt Deutsche Bank's ICBC relationship'

    Posted Aug 25th 2014, 03:33am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Sources say Deutsche Bank once enjoyed tight business dealings with the mainland bank Lawsuit 'will hurt German lender's ICBC relationship' The US$6.3 million lawsuit filed by Deutsche Bank against Industrial and Commercial Bank of China (ICBC) executive Zhang Hongli will hurt the German lender's long-term relationship ...

  4. Business - Banking & Finance - COURTS

    ICBC executive sued by ex-employer Deutsche Bank over US$4 million transfer

    Posted Aug 09th 2014, 05:46pm by JULIE CHU

    ... the transfer of US$3.9 million to an offshore company, a High Court writ shows. The lawsuit demands that Zhang Hongli, now senior executive vice-president of ICBC, pay Deutsche Bank more than US$6.3 million as compensation for all losses plus interest. Zhang, also known as Lee Zhang, held senior positions in Deutsche Bank from 2001 to 2010. He caused a Hong Kong branch of Deutsche Bank ...

  5. Business - Banking & Finance

    Deutsche Bank manager found dead in London home

    Posted Jan 29th 2014, 05:02am by Reuters

    ... Reuters in London and Frankfurt Close ally to bank's co-CEO appears to have committed suicide in London Deutsche manager found dead at home William Broeksmit, a former senior manager at Deutsche Bank with close ties to co-CEO Anshu Jain, has been found dead at his home in London in what appears to have been a suicide. Jain and the bank's other co-chief executive Juergen ...

  6. Business - Banking & Finance

    Deutsche Bank Hong Kong loses 26 junior bankers since February

    Posted Jun 26th 2014, 01:07am by BLOOM

    ... Bloomberg Shrinking investment-banking revenue partly to blame, though nine managing directors added Deutsche Bank hit by exodus of staff this year Deutsche Bank lost about 26 junior ... including four directors and four vice-presidents, began leaving voluntarily in late February after receiving their bonuses, the people said. The departures came as Deutsche Bank added nine managing ...

  7. Business - Banking & Finance - FUNDRAISING

    Deutsche Bank warns over probes as it seeks to raise capital

    Posted Jun 07th 2014, 01:14am by BLOOM

    ... Bloomberg in Frankfurt Facing 'significant' penalties from investigations and a trading slump, investment bank aims to bolster finances with US$11.6b capital-raising Deutsche Bank warns over probes Deutsche Bank, seeking to raise US$11.6 billion of capital, has braced investors for a deepening trading slump and potential damage to its business from international ...

  8. Business - Banking & Finance

    Japan probes Deutsche Bank over its entertaining of pension fund bosses

    Posted Sep 10th 2013, 12:00am by Reuters

    ... Reuters in Tokyo Investigation concerns entertainment provided to pension fund executives Japan probes Deutsche Bank Japan's securities market watchdog is investigating whether Deutsche Bank employees provided excessive entertainment to Japanese pension fund executives in breach of regulations, according to sources with knowledge of the matter. The Securities and Exchange ...

  9. Business - Banking & Finance

    Deutsche Bank Q2 misses expectations, hit by legal costs

    Posted Jul 30th 2013, 02:13pm by Reuters

    ... Reuters in Frankfurt Deutsche Bank pledged to cut risky assets from its balance sheet in response to regulatory concerns, as quarterly profit missed expectations, hit by a 630 million euro (HK$6.49 billion) hike in litigation reserves. Deutsche Bank posted a second quarter pre-tax profit of 792 million euros, well below the 1.3 billion euros forecast by analysts in a Reuters poll. ...

  10. Business - Economy - ECONOMY

    Deutsche co-chief for Asia an unabashed bull

    Posted Jul 21st 2014, 03:18am by Jasper Moiseiwitsch and Ray Chan

    ... Jasper Moiseiwitsch and Ray Chan Deutsche co-chief for Asia an unabashed bull Bhupinder Singh, Deutsche Bank's Asia-Pacific co-head of investment banking, is- as you might expect- ... in the bank's pipeline of Chinese equity deals coming due, not the least of which is the imminent listing of Alibaba. Deutsche will be a bookrunner on the offer which, at about US$20 billion, ...




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