Deutsche Bank AG is a the biggest German bank, with its headquarters in Frankfurt. It has more than 100,000 employees in over 70 countries, and has a large presence in Europe, the Americas, Asia-Pacific and the emerging markets. In 2009, Deutsche Bank was the largest foreign exchange dealer in the world.
Shares of Deutsche Bank AG (DB) declined as much a 5% in early trading session on July, and more ever since, after the German banking group reported a 98% decline second quarter profits, driven by costs related to the company's massive restructuring efforts. Sources inform that 3 major banks are in trouble, and these 3 banks are fighting every single night to fight off insolvency and failure. He says CitiGroup in New York, Barclays in London, and Deutsche Bank in Germany- every single night are in trouble. While debt trading revenue climbed 22 percent at the top U.S. investment banks in the quarter, Deutsche Bank's fixed-income trading revenue fell 19 percent. In foreign exchange, performance was flat, a sign that restructuring is preventing the bank from getting the most out of the market action.
The AUD/USD is on the Rise
Some comments from the RBA's Kent, suggests that the next rate move in ... So far the AUD/USD is pushing higher, but we are well off the highs of ...
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USD/JPY starts out on the backfoot, technicals supporting bearish outlook
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AUD/USD Forex Technical Analysis ' Testing Major Weekly Retracement Zone
The AUD/USD settled sharply lower last week with the price action driven by a combination of weaker than expected Australian economic data, lower ...
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Ringgit slightly lower against US dollar this morning
KUALA LUMPUR, Dec 10 ' The ringgit was slightly lower against the US dollar this morning on weaker demand for the local note, amid renewed ...
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Dollar changes hands in mid-112 yen range in early trade in Tokyo
TOKYO, Dec. 10 (Xinhua) -- The U.S. dollar traded in the mid-112 yen range in early deals in Tokyo on Monday, dropping from the upper 112 yen ...
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TOKYO (Reuters) - The dollar slipped against the yen and the euro on Monday after soft U.S. payrolls data fuelled speculation that the Federal ...
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Asia Stocks at Risk Post S&P 500 Weekly Dive, Yen Prices May Rise
In the FX spectrum, this resulted in the pro-risk Australian and New Zealand Dollars to fall behind their major peers. The US Dollar edged cautiously ...
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The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 96.670 after touching highs around the 97.2 handle last week.
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AUD/USD and NZD/USD Fundamental Weekly Forecast ' Traders Focusing On US-China Trade ...
The Australian and New Zealand Dollars were driven sharply lower last week by a combination of negative news about U.S-China trade relations, ...
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RBA's Chris Kent says banks can cope with higher US rates
Borrowing costs for Australian borrowers have been stable and hedging has played a part in this stability as has the Australian dollar, he added.
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Political crisis speeds up dollar outflows
Dollar's unrivalled surge this year will reverse in 2019: Reuters poll - See ... Wealth Trust Securities said the US dollar on its spot contracts was seen ...
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