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Deutsche Bank AG (DB)

  • Tue, May 26, 8:37 PM
  • Fri, May 15, 2:42 PM
  • Sun, Mar. 15, 5:47 AM
  • Feb. 12, 2014, 4:50 AM
  • Aug. 25, 2013, 2:45 AM
  • May 30, 2013, 3:06 AM
    Fiat (FIATY.PK) is reportedly in negotiations with major banks to borrow up to $10B that the Italian carmaker would use to acquire the 41.5% of Chrysler it doesn't own and refinance the two companies' debt at lower interest rates. The banks include Bank of America (BAC), Deutsche Bank (DB), Goldman Sachs (GS) (GS) and BNP Paribas (BNOBF.PK). Fiat's purchase of the holding is being held up by a legal dispute over the value of the stake.
  • Apr. 8, 2013, 2:51 AM
    San Francisco based Union Bank, a unit of Japan's Mitsubishi UFJ Financial Group (MTU), has agreed to acquire a portfolio of $3.7B in U.S. real-estate loans from Deutsche Bank (DB) subsidiary PB Capital. The acquisition is part of MUFG's strategy to expand overseas to offset anemic demand in Japan even as European banks sell assets in order to meet tighter capital regulations. (PR)
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  • Feb. 15, 2013, 7:38 AM
    "The Goldilocks era of post-crisis M&A has never been an if, but a when," says JPMorgan (JPM) vice-chair James Lee. "CEOs are declaring that day has come." Including the Berkshire buy, $40B in deals were announced yesterday and $140B this month. Transaction volume is up 27% Y/Y vs. an 8% slump for 2012. It should mean sweet profits for the newly lean banks.
  • Oct. 24, 2012, 6:00 AM
    Deutsche Bank (DB) has built up a 5.2% holding in GrainCorp, which is the subject of a $2.8B bid from Archer Daniels Midland (ADM). Given that Deutsche has been buying shares since June, the likelihood is that the move is for investment purposes rather than on behalf of a rival suitor. Still, observers expect a bidding war for GrainCorp, with Bunge and Cargill named in dispatches.
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  • Sep. 25, 2012, 6:03 AM
    Germany has a particular interest in helping Spain through its crisis, as the exposure of German lenders to the Mediterranean country is $139.9B, of which $45.9B is to banks. German institutions are particularly exposed to covered bonds, which are often backed by the collateral of consumer mortgages, whose values may have been affected by the cratering of the residential market.
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  • Apr. 23, 2012, 4:03 PM
    Watson Pharmaceuticals (WPI +0.1%) is close to announcing a $5.6B deal for Actavis by Wednesday, according to sources. The deal is an important one for Deutsche Bank (DB -3.6%), which was left holding billions of euros of Actavis debt after a leveraged buyout in 2007.
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  • Apr. 3, 2012, 12:16 PM
    Deutsche Bank (DB) is close to finalizing a deal to sell its asset management business to Guggenheim Partners for €1.5B-€1.6B ($2B-$2.13B), Reuters reports. Deutsche has been reviewing its global asset management ops to cope with new regulation, rising costs and growing competition.
  • Jan. 20, 2012, 2:34 AM
    State Street (STT), JPMorgan (JPM) and Ameriprise Financial (AMP) are said to be among the finalists in the bidding for Deutsche Bank's (DB) global asset management division. Deutsche expects the sale to fetch over €2B ($2.6B).
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  • Jan. 12, 2012, 12:46 PM
    A Dow Jones source claims Deutsche Bank (DB +2.4%), which launched a "strategic review" of its asset management business in the fall, has "received more than 10 attractive offers" related to the business, with 6 of the bidders offering to acquire it in full. Deutsche is said to be hoping for a sale price of around €2B. Goldman Sachs (GS) has been rumored to be one of the interested parties.
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  • Jan. 5, 2012, 2:14 AM
    Sources say Credit Suisse (CS), DBS Bank, Deutsche Bank (DB) and Mizuho Corporate Bank are arranging a $4B loan for Alibaba (ALBIY.PK), and are trying to bring in some Chinese lenders to the group to help underwrite the loan and spread the risk of the facility. Alibaba is considering acquisition options related to Yahoo.
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  • Nov. 30, 2011, 11:57 AM
    Deutsche Bank (DB +8.1%) has begun talks with prospective buyers of its asset-management division, according to Bloomberg. It's added that Deutsche, which put the unit on sale last week, is open to selling the division in pieces, though it would prefer to sell it whole. Analyst Dirk Becker thinks the unit could fetch anywhere between €2B and €4B.
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Company Description
Deutsche Bank AG is an investment bank. It offers investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world.
Sector: Financial
Country: Germany