Deutsche Bank chief claims strong start to radical restructure
Christian Sewing says Deutsche Bank is ahead in some areas of implementing its transformation strategy, as it raises investment banking revenue expectations.
Tag: Deutsche Bank
Sova Capital bolsters emerging markets sales trading desk with veteran Deutsche Bank trader
Sam Docherty has spent the past 15 years with Deutsche Bank as an equities sales trader, and joins Sova Capital as director of CEEMA sales trading.
November: The TRADE’s most read stories
The best of the month’s stories from The TRADE, including BNP Paribas, Ardevora, MiFID II, distributed ledger technology and Leaders in Trading 2019.
Equities
BNP Paribas gains approval for Deutsche Bank prime brokerage and equities deal
Deutsche Bank’s transition of prime and electronic equities clients to BNP Paribas moves forward after both banks receive approval for the deal.
Deutsche Bank to roll out WeChat for FX trades on Symphony platform in Asia
Deutsche Bank is one of four international banks working with Symphony to integrate WeChat for corporate clients in China.
BNP Paribas estimates €400 million revenue gain from Deutsche Bank deal
Deutsche Bank is transitioning its prime brokerage and electronic equities clients to BNP Paribas as part of a major restructure.
Deutsche Bank cuts headcount to below 90,000 for first time in a decade
Deutsche Bank is undergoing a major restructure which includes the loss of around 18,000 full time positions by 2022.
Cowen hires former Deutsche Bank EMEA execution services team
Deutsche Bank’s head of EMEA execution services Matt Cyzer has been named CEO of Cowen Execution Services, with six of his colleagues also joining the broker-dealer.
Equities
Deutsche Bank begins prime brokerage migration process with BNP Paribas
The two firms agreed on a deal in principle in July as part of the German bank’s major restructuring and a complete withdrawal from equities trading,
Deutsche Bank becomes largest foreign bank for onshore Bond Connect volumes
Deutsche Bank expects activity on China’s Bond Connect to increase, forecasting a further $120 billion flow into onshore bonds in the next few years.