Barclays Among Investment Banks Set To Boost Bonuses Between 25% And 50% Barlcay''s is joining the long list of investment banks ramping up pay for its employees. The bank is expected to boost its bonuses by more than 25% this year after record results and in a global competition to retain talent in the industry. The boosts in pay are a stark delta from 2020, when pay rose about 10%, Bloomberg reported this week. But with "deal making at record levels" in 2021 and profits "surging", banks have made the decision to bump bonus pay for employees higher. Barclay''s Chief Executive Officer Jes Staley said in October: Variable compensation, or the bonus pool, thats very much tied to the performance of the corporate and the investment bank and I think youll see variable compensation higher this year given that theyve generated record profits. Deutsche Bank is also reportedly considering a similar move, mulling boosting bonuses for its dealmaking and underwriting units by 20%, the report says.
Research analysts at Deutsche Bank Aktiengesellschaft initiated coverage on shares of ModivCare (NASDAQ:MODV) in a research note issued on Friday, The Fly reports. The firm set a buy rating on the stock. A number of other research analysts also recently commented on MODV. TheStreet downgraded ModivCare from a b rating to a c rating in []

Deutsche Bank: Caution Advised for China in the Medium-Term

03:51am, Friday, 17'th Dec 2021 Finews Asia
Deutsche Bank is the latest global financial institution to advise investors to take caution in the Chinese market, underlining a number of issues in the medium-term including regulatory worries and a problematic real estate sector. Deutsche Bank joins the growing consensus amongst global banks to take a wait-and-see approach on China after a horrid year for mainland stocks saw trillions of dollars in market value erased since the February peak. «[W]hile valuations of Chinese stocks may now look attractive after recent declines, caution is still advised in the medium term given regulation worries, slower Chinese growth, tighter credit and the problems in the real estate sector,» said global chief investment officer Christian Nolting in a recent report from the bank. Policy Support According to Nolting, policy support bodes well for reigniting optimism with «hints of some more flexible attitude» from the central bank and the potential for «some eventual rowing back of regulatory measures». «The authorities will clearly want to have the economy on an even keel before [Xi Jinpings] presumed accession to another presidential term late next year,» Nolting added.

Wisr appoints former Deutsche Bank Director Cathryn Lyall to Board

11:32pm, Thursday, 16'th Dec 2021 Australian FinTech
ASX-listed fintech Wisr announces the appointment of Cathryn Lyall to the position of Non-Executive Director, effective 01 January 2022.

Evolution AB (publ) (OTCMKTS:EVVTY) Stock Price Down 3.6%

02:58pm, Thursday, 16'th Dec 2021 Dakota Financial News
Evolution AB (publ) (OTCMKTS:EVVTY) was down 3.6% on Tuesday . The stock traded as low as $118.25 and last traded at $121.05. Approximately 392,039 shares changed hands during trading, an increase of 689% from the average daily volume of 49,700 shares. The stock had previously closed at $125.60. Separately, Deutsche Bank Aktiengesellschaft began coverage on []
SDNY prosecutors have recently heard from one of Trump''s longtime accountants outside of his company as well as a former director at Deutsche Bank, a new report revealed.

Deutsche Bank approved to launch domestic fund custody services in China

02:43pm, Wednesday, 15'th Dec 2021 Global Custodian
German-headquartered custodian becomes the first EU bank to launch domestic custody services for securities investment funds in China. The post Deutsche Bank approved to launch domestic fund custody services in China appeared first on Global Custodian The Leading quarterly magazine covering the international securities services industry .

Deutsche Bank Aktiengesellschaft Raises KLA (NASDAQ:KLAC) Price Target to $475.00

02:10pm, Wednesday, 15'th Dec 2021 Dakota Financial News
KLA (NASDAQ:KLAC) had its price target raised by equities research analysts at Deutsche Bank Aktiengesellschaft from $420.00 to $475.00 in a research report issued on Wednesday, Briefing.com reports. The brokerage currently has a “buy” rating on the semiconductor company’s stock. Deutsche Bank Aktiengesellschaft’s price objective points to a potential upside of 18.91% from the stock’s […]

Scope appoints Director of Scope Ratings

10:16am, Wednesday, 15'th Dec 2021 InstitutionAlassetManager
Scope appoints Director of Scope Ratings Submitted 15/12/2021 - 10:16am Scope Ratings has appointed Matthias Böhm to its management board alongside Guillaume Jolivet, chief operating officer of the Scope Group. Scope Group is delighted to announce that Matthias Böhm joined Scope Ratings as Managing Director on 1 December. Matthias Böhm will be based in Frankfurt and will share responsibilities for managing Scope Ratings GmbH with Guillaume Jolivet, COO of the Scope Group. Böhm joins Scope after a longstanding career in banking including senior management roles at Rabobank where he was managing director of the Dutch lenders German operations Dresdner Bank and Deutsche Bank in addition to experience in the corporate sector. He is a certified compliance officer. Like this article? Sign up to our free newsletter Author Profile Related Topics Moves & Appointments
Donald Bender, a longtime accountant for former President Donald Trump, reportedly testified recently before a grand jury as part of a New York criminal probe into Trump''s business practices. According to the Washington Post , Bender, an employee of the accounting firm Mazars, appeared before a grand jury that was empaneled by Manhattan District Attorney Cy Vance earlier this year. Additionally, the Post''s sources say that prosecutors in recent weeks have interviewed Rosemary Vrablic, "a former managing director at Deutsche Bank who arranged hundreds of millions of dollars in loans to Trump," to discuss Trump''s past dealings with the bank. "The appearances by Bender and Vrablic suggest prosecutors are seeking information about Trumps finances from a small circle of outside partners who handled details of Trumps taxes and real estate deals," the paper writes. "Bender and Vrablic were never Trumps employees, but they knew more about his companys inner workings than many employees did.

Ardagh Metal Packaging (NYSE:AMBP) Hits New 52-Week Low at $9.05

10:22pm, Tuesday, 14'th Dec 2021 Transcript Daily
Ardagh Metal Packaging S.A. (NYSE:AMBP) reached a new 52-week low on Tuesday . The company traded as low as $9.05 and last traded at $9.07, with a volume of 750174 shares trading hands. The stock had previously closed at $9.25. A number of analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft assumed coverage []

Recently, Deutsche Bank held its DB AutoTech Conference, which included talks with Tesla’s (TSLA) head of Investor Relations. Following the 2-day meetings, firm ana…

Shares of Deutsche Bank Aktiengesellschaft (NYSE:DB) have received an average rating of Hold from the thirteen research firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. The average []
Key Events This Week: Central Banks Galore, Retail Sales In Store, PMIs And PPIs In the last busy week of the year, which sees no less than 20 central bank announcements, the Feds decision on Wednesday will be the focal point of the week. In terms of what to expect, DB''s Jim Reid writes that the bank''s US economists anticipate a doubling in the pace of tapering, which would bring the monthly drawdown of Treasury and MBS to $20bn and $10bn per month respectively (this is in line with what both Goldman and Morgan Stanley expect ). That would see the process of tapering conclude in March, giving them greater optionality for an earlier liftoff. Bear in mind that this meeting will also see the release of the latest dot plot, as well as the projections for inflation, growth and unemployment. On that, DB economists see the median dot in 2022 likely showing two rate hikes, with risks of more, up from September when only half the dots saw any hikes by the end of 2022. The ECBs decision will then follow on Thursday, with economists noting that until the arrival of the Omicron variant, the ECB appeared on track to initiate a transition to a monetary policy stance based more on policy rates and rates guidance and less on liquidity provision.
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