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Profits hit at Deutsche Bank and UBS
2013-10-29 13:21:02| BBC News | Business | UK Edition
Germany's largest bank, Deutsche Bank, and Switzerland's UBS see profits affected by possible legal costs amid banking scandals.
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Deutsche Bank, Russia fund to invest in Rostelecom
2013-10-11 09:58:00| Telecompaper Headlines
(Telecompaper) The Russian Direct Investment Fund (RDIF) and Deutsche Bank announced a joint investment in Russia's national telecom operator, Rostelecom. The two parties will invest a total of RUB 7.674 billion on a parity basis, which will be used to further develop and strengthen the company's market position. All boards have approved the deal. The investors will acquire 72.2 million shares in Rostelecom from its subsidiary Mobitel. The deal also includes call and put options giving Rostelecom a portion of any profits from an increase in value of the shares. As part of the same terms the investors will receive protection against a decrease in the price of the shares. RDIF, a subsidiary of Vnesheconombank, said the Russian economy and its growing demand for broadband offer a good opportunity for investment. The deal also capitalizes on the recent changes in Rostelecom's corporate governance and development strategies, following its merger with the state telecoms holding company Svyazinvest.
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Russian fund, Deutsche Bank to buy joint stake in Rostelecom
2013-10-11 02:00:00| Total Telecom industry news
Companies to plough $238 million in bid to strengthen operator's market position.
Deutsche Bank Increases BHP Billiton Price Target to GBX 2,500
2013-09-27 06:54:25| Industrial Machines - Topix.net
The firm currently has a "buy" rating on the stock. Deutsche Bank's target price would indicate a potential upside of 32.77% from the stock's previous close.
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increases
UPDATE 1-UAW trust taps Deutsche Bank to advise on Chrysler exit -sources
2013-09-25 19:27:42| Automakers - Topix.net
The United Auto Workers' trust fund has tapped Deutsche Bank for advice on how to exit its 41.5 percent stake in U.S. automaker Chrysler Group LLC, according to two people familiar with the matter.
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