Bailout

Latest stories

2h
WA Today
Scandals, withdrawals, job cuts: It was an ugly day for global bankscent. Earlier this week, CEO John Cryan was forced to shoot down speculation th
Scandals, withdrawals, job cuts: It was an ugly day for global banks
WA Today / Posted 2 hours ago
cent. Earlier this week, CEO John Cryan was forced to shoot down speculation the bank needs more capital and may require a bailout, as its shares touch record lows and a US litigation settlement looms. "Our trading clients are amongst the world's... Read more
5 related stories
2h
Canberra Times
Commerzbank to cut 9600 jobs, halt dividend amid revampMinistry declined comment. Berlin holds a stake of more than 15 per cent in Com
Commerzbank to cut 9600 jobs, halt dividend amid revamp
Canberra Times / Posted 2 hours ago
Ministry declined comment. Berlin holds a stake of more than 15 per cent in Commerzbank, a legacy of its €18 billion bailout of the lender in the financial crisis. Commerzbank plans to merge its business dealing with medium-sized German... Read more
17 related stories
2h
Canberra Times
Deutsche Bank's troubles land in New York raising viability questionsfor example, another big German bank, said Thursday it plans to cut about one i
Deutsche Bank's troubles land in New York raising viability questions
Canberra Times / Posted 2 hours ago
for example, another big German bank, said Thursday it plans to cut about one in five jobs, its biggest overhaul since its bailout. Deutsche Bank is caught in a game of three-way chicken. On one side, it's playing with a German government... Read more
12 related stories
2h
Canberra Times
Scandals, withdrawals, job cuts: It was an ugly day for global bankscent. Earlier this week, CEO John Cryan was forced to shoot down speculation th
Scandals, withdrawals, job cuts: It was an ugly day for global banks
Canberra Times / Posted 2 hours ago
cent. Earlier this week, CEO John Cryan was forced to shoot down speculation the bank needs more capital and may require a bailout, as its shares touch record lows and a US litigation settlement looms. "Our trading clients are amongst the world's... Read more
5 related stories
2h
Brisbane Times
Scandals, withdrawals, job cuts: It was an ugly day for global bankscent. Earlier this week, CEO John Cryan was forced to shoot down speculation th
Scandals, withdrawals, job cuts: It was an ugly day for global banks
Brisbane Times / Posted 2 hours ago
cent. Earlier this week, CEO John Cryan was forced to shoot down speculation the bank needs more capital and may require a bailout, as its shares touch record lows and a US litigation settlement looms. "Our trading clients are amongst the world's... Read more
5 related stories
3h
The Age
Commerzbank to cut 9600 jobs, halt dividend amid revampMinistry declined comment. Berlin holds a stake of more than 15 per cent in Com
Commerzbank to cut 9600 jobs, halt dividend amid revamp
The Age / Posted 3 hours ago
Ministry declined comment. Berlin holds a stake of more than 15 per cent in Commerzbank, a legacy of its €18 billion bailout of the lender in the financial crisis. Commerzbank plans to merge its business dealing with medium-sized German... Read more
17 related stories
3h
The Age
Scandals, withdrawals, job cuts: It was an ugly day for global bankscent. Earlier this week, CEO John Cryan was forced to shoot down speculation th
Scandals, withdrawals, job cuts: It was an ugly day for global banks
The Age / Posted 3 hours ago
cent. Earlier this week, CEO John Cryan was forced to shoot down speculation the bank needs more capital and may require a bailout, as its shares touch record lows and a US litigation settlement looms. "Our trading clients are amongst the world's... Read more
5 related stories
3h
Sydney Morning Herald
Commerzbank to cut 9600 jobs, halt dividend amid revampMinistry declined comment. Berlin holds a stake of more than 15 per cent in Com
Commerzbank to cut 9600 jobs, halt dividend amid revamp
Sydney Morning Herald / Posted 3 hours ago
Ministry declined comment. Berlin holds a stake of more than 15 per cent in Commerzbank, a legacy of its €18 billion bailout of the lender in the financial crisis. Commerzbank plans to merge its business dealing with medium-sized German... Read more
17 related stories
3h
Sydney Morning Herald
Scandals, withdrawals, job cuts: It was an ugly day for global bankscent. Earlier this week, CEO John Cryan was forced to shoot down speculation th
Scandals, withdrawals, job cuts: It was an ugly day for global banks
Sydney Morning Herald / Posted 3 hours ago
cent. Earlier this week, CEO John Cryan was forced to shoot down speculation the bank needs more capital and may require a bailout, as its shares touch record lows and a US litigation settlement looms. "Our trading clients are amongst the world's... Read more
5 related stories
3h
TheBull
Deutsche Bank shares sink 7% as hedge funds pull money outin the European Union's economic woes. Markets have been rife with talk that t
Deutsche Bank shares sink 7% as hedge funds pull money out
TheBull / Posted 3 hours ago
in the European Union's economic woes. Markets have been rife with talk that the bank could require a German government bailout, but Berlin and the bank have repeatedly rejected such speculation. "The government is not preparing rescue plans.... Read more
3h
The Sacramento Bee
Climate change is crucial, but so is pension reformdeal in 2012. Then again, consider the regression in the time since: the Califo
Climate change is crucial, but so is pension reform
The Sacramento Bee / Posted 3 hours ago
deal in 2012. Then again, consider the regression in the time since: the California State Teachers’ Retirement System bailout and the California Public Employees’ Retirement System coming up with no less than 99 ways for a new state worker to... Read more
3h
Channel NewsAsia
Deutsche Bank shares sink 7% as hedge funds pull money outin the European Union's economic woes. Markets have been rife with talk that t
Deutsche Bank shares sink 7% as hedge funds pull money out
Channel NewsAsia / Posted 3 hours ago
in the European Union's economic woes. Markets have been rife with talk that the bank could require a German government bailout, but Berlin and the bank have repeatedly rejected such speculation. "The government is not preparing rescue plans.... Read more
9 related stories
3h
Reuters
Deutsche Bank admits 'perception issue' as U.S. shares slidetouching a record low in Europe this week. POLITICAL ISSUE Berlin has denied
Deutsche Bank admits 'perception issue' as U.S. shares slide
Reuters / Posted 3 hours ago
touching a record low in Europe this week. POLITICAL ISSUE Berlin has denied planning any repeat of the taxpayer-funded bailouts that Germany and other Western states staged during the global financial crisis. This followed a newspaper report... Read more
9 related stories
3h
Brisbane Times
Deutsche Bank's troubles land in New York raising viability questionsfor example, another big German bank, said Thursday it plans to cut about one i
Deutsche Bank's troubles land in New York raising viability questions
Brisbane Times / Posted 3 hours ago
for example, another big German bank, said Thursday it plans to cut about one in five jobs, its biggest overhaul since its bailout. Deutsche Bank is caught in a game of three-way chicken. On one side, it's playing with a German government... Read more
12 related stories
4h
WA Today
Wary Deutsche Bank clients withdraw some cashand the CDS dropped to 227 basis points.Political issue ​Berlin has denied pla
Wary Deutsche Bank clients withdraw some cash
WA Today / Posted 4 hours ago
and the CDS dropped to 227 basis points.Political issue ​Berlin has denied planning any repeat of the taxpayer-funded bailouts that Germany and other Western states staged during the global financial crisis. This followed the Bild report that... Read more
9 related stories
4h
The Age
Deutsche Bank's troubles land in New York raising viability questionsfor example, another big German bank, said Thursday it plans to cut about one i
Deutsche Bank's troubles land in New York raising viability questions
The Age / Posted 4 hours ago
for example, another big German bank, said Thursday it plans to cut about one in five jobs, its biggest overhaul since its bailout. Deutsche Bank is caught in a game of three-way chicken. On one side, it's playing with a German government... Read more
12 related stories
4h
Sydney Morning Herald
Deutsche Bank's troubles land in New York raising viability questionsfor example, another big German bank, said Thursday it plans to cut about one i
Deutsche Bank's troubles land in New York raising viability questions
Sydney Morning Herald / Posted 4 hours ago
for example, another big German bank, said Thursday it plans to cut about one in five jobs, its biggest overhaul since its bailout. Deutsche Bank is caught in a game of three-way chicken. On one side, it's playing with a German government... Read more
12 related stories
4h
Brisbane Times
Wary Deutsche Bank clients withdraw some cashand the CDS dropped to 227 basis points.Political issue ​Berlin has denied pla
Wary Deutsche Bank clients withdraw some cash
Brisbane Times / Posted 4 hours ago
and the CDS dropped to 227 basis points.Political issue ​Berlin has denied planning any repeat of the taxpayer-funded bailouts that Germany and other Western states staged during the global financial crisis. This followed the Bild report that... Read more
9 related stories
5h
Zero Hedge
Gundlach: "The Market Will Keep Pushing Deutsche Bank Lower Until It Is Bailed Out"the size of its host, Germany, seemingly on the precipice, and with Angela Merk
Gundlach: "The Market Will Keep Pushing Deutsche Bank Lower Until It Is Bailed Out"
Zero Hedge / Posted 5 hours ago
the size of its host, Germany, seemingly on the precipice, and with Angela Merkel vowing as recently as this weekend not to bailout the bank, the market felt paralyzed: should it BTFD as it always has every time in the past 7 years, or should it... Read more
9 related stories
6h
Colorado Daily
Peace Train: Justice should be blindby Wall Street that led up to the 2008 financial disaster. These Wall Street cr
Peace Train: Justice should be blind
Colorado Daily / Posted 6 hours ago
by Wall Street that led up to the 2008 financial disaster. These Wall Street criminals profited from their crimes and the bailout of Wall Street. Worst of all, these criminals weren't prosecuted. In addition, during the next few years, there were... Read more
6h
The Age
DoubleLine's Gundlach sees risks in shorting Deutsche Bank sharesCapital, said on Thursday that investors should tread carefully when trading De
DoubleLine's Gundlach sees risks in shorting Deutsche Bank shares
The Age / Posted 6 hours ago
Capital, said on Thursday that investors should tread carefully when trading Deutsche Bank shares because a government bailout is not out of the question. Earlier on Thursday, the US-traded shares hit a record low. "I would just stay away.... Read more
9 related stories
6h
Sydney Morning Herald
DoubleLine's Gundlach sees risks in shorting Deutsche Bank sharesCapital, said on Thursday that investors should tread carefully when trading De
DoubleLine's Gundlach sees risks in shorting Deutsche Bank shares
Sydney Morning Herald / Posted 6 hours ago
Capital, said on Thursday that investors should tread carefully when trading Deutsche Bank shares because a government bailout is not out of the question. Earlier on Thursday, the US-traded shares hit a record low. "I would just stay away.... Read more
9 related stories
6h
Canberra Times
DoubleLine's Gundlach sees risks in shorting Deutsche Bank sharesCapital, said on Thursday that investors should tread carefully when trading De
DoubleLine's Gundlach sees risks in shorting Deutsche Bank shares
Canberra Times / Posted 6 hours ago
Capital, said on Thursday that investors should tread carefully when trading Deutsche Bank shares because a government bailout is not out of the question. Earlier on Thursday, the US-traded shares hit a record low. "I would just stay away.... Read more
9 related stories
6h
Orlando Sentinel
Wells Fargo CEO forfeits $41 million in stock awards amid sales scandalThe bank did not invest in as many toxic mortgages in the 2000s as its counterp
Wells Fargo CEO forfeits $41 million in stock awards amid sales scandal
Orlando Sentinel / Posted 6 hours ago
The bank did not invest in as many toxic mortgages in the 2000s as its counterparts, and Stumpf initially declined to take bailout money from Washington before accepting it in a sign of solidarity. He also was able to expand Wells significantly as... Read more
391 related stories
6h
CNBC
DoubleLine's Gundlach says to stay away from Deutsche Bank securities for nowCapital, said on Thursday that investors should tread carefully when trading De
DoubleLine's Gundlach says to stay away from Deutsche Bank securities for now
CNBC / Posted 6 hours ago
Capital, said on Thursday that investors should tread carefully when trading Deutsche Bank shares because a government bailout is not out of the question. Earlier on Thursday, the U.S.-traded shares hit a record low. "I would just stay away.... Read more
9 related stories
6h
Brisbane Times
DoubleLine's Gundlach sees risks in shorting Deutsche Bank sharesCapital, said on Thursday that investors should tread carefully when trading De
DoubleLine's Gundlach sees risks in shorting Deutsche Bank shares
Brisbane Times / Posted 6 hours ago
Capital, said on Thursday that investors should tread carefully when trading Deutsche Bank shares because a government bailout is not out of the question. Earlier on Thursday, the US-traded shares hit a record low. "I would just stay away.... Read more
9 related stories
7h
The Irish Times
Irish premiums per capita four times higher than EU average, IMF saysIn a technical note attached to its recent post-bailout assessment, the Washing
Irish premiums per capita four times higher than EU average, IMF says
The Irish Times / Posted 7 hours ago
In a technical note attached to its recent post-bailout assessment, the Washington-based fund highlighted some of the peculiarities of the the sector here. While noting the Central Bank’s oversight was “generally stringent and up-to-date”, there was... Read more
8h
The Irish Times
Irish insurance costs now four times EU average, IMF warnsIn a technical note attached to its recent post-bailout assessment, the IMF sai
Irish insurance costs now four times EU average, IMF warns
The Irish Times / Posted 8 hours ago
In a technical note attached to its recent post-bailout assessment, the IMF said while insurance penetration in Ireland was almost three times the EU average, average premiums per capita were four times the EU average. It said the large and diverse... Read more
8h
Newsmax
Deutsche Bank Still a Buy, Says Rare Analyst With Bullish Ratingfrom the U.S. Department of Justice. This week, he rejected speculation that he
Deutsche Bank Still a Buy, Says Rare Analyst With Bullish Rating
Newsmax / Posted 8 hours ago
from the U.S. Department of Justice. This week, he rejected speculation that he may seek to raise fresh capital or take a bailout from the German state. Shares have lost more than half of their value this year while the cost to protect against the... Read more
4 related stories
9h
The New Zealand Herald
Why is Deutsche Bank now the biggest worry in the financial world?as cocos, was particularly alarming because they are designed to wipe out inves
Why is Deutsche Bank now the biggest worry in the financial world?
The New Zealand Herald / Posted 9 hours ago
as cocos, was particularly alarming because they are designed to wipe out investors in a crisis, therefore avoiding a state bailout - but so far no bank has put this safety valve to the test. Deutsche Bank has not even come close to converting its... Read more
53 related stories
9h
The Irish Times
Mario Draghi picks Philip Lane to lead sovereign bond initiativescenario, such as a default by Greece, Portugal and Ireland,” the group wrote,
Mario Draghi picks Philip Lane to lead sovereign bond initiative
The Irish Times / Posted 9 hours ago
scenario, such as a default by Greece, Portugal and Ireland,” the group wrote, at a time when all three countries were in a bailout programme and only months after Ireland’s 10-year Government bond yields hit an euro-era high above 14 per cent.... Read more
9h
Canberra Times
Deutsche Bank a buy, says one analystfrom the US Department of Justice. This week, he rejected speculation that he m
Deutsche Bank a buy, says one analyst
Canberra Times / Posted 9 hours ago
from the US Department of Justice. This week, he rejected speculation that he may seek to raise fresh capital or take a bailout from the German state. Shares have lost more than half of their value this year while the cost to protect against the... Read more
4 related stories
9h
Newsmax
Clinton 'Greek Bonds' Mystery Thickensfounded Eaglevale Partners in 2011 and helped raise investments for a fund dedi
Clinton 'Greek Bonds' Mystery Thickens
Newsmax / Posted 9 hours ago
founded Eaglevale Partners in 2011 and helped raise investments for a fund dedicated to "betting that the Greek bailout would raise the price of bonds," according to the Examiner. Investors included Marc Lasry, CEO of Avenue Capital... Read more
9h
Brisbane Times
Deutsche Bank a buy, says one analystfrom the US Department of Justice. This week, he rejected speculation that he m
Deutsche Bank a buy, says one analyst
Brisbane Times / Posted 9 hours ago
from the US Department of Justice. This week, he rejected speculation that he may seek to raise fresh capital or take a bailout from the German state. Shares have lost more than half of their value this year while the cost to protect against the... Read more
4 related stories
10h
The Age
Deutsche Bank a buy, says one analystfrom the US Department of Justice. This week, he rejected speculation that he m
Deutsche Bank a buy, says one analyst
The Age / Posted 10 hours ago
from the US Department of Justice. This week, he rejected speculation that he may seek to raise fresh capital or take a bailout from the German state. Shares have lost more than half of their value this year while the cost to protect against the... Read more
4 related stories
10h
Sydney Morning Herald
Deutsche Bank a buy, says one analystfrom the US Department of Justice. This week, he rejected speculation that he m
Deutsche Bank a buy, says one analyst
Sydney Morning Herald / Posted 10 hours ago
from the US Department of Justice. This week, he rejected speculation that he may seek to raise fresh capital or take a bailout from the German state. Shares have lost more than half of their value this year while the cost to protect against the... Read more
4 related stories
10h
Business Insider
Deutsche Bank is getting slammed againof $14 billion" and that it had no plans to raise capital. Additionally, the Ge
Deutsche Bank is getting slammed again
Business Insider / Posted 10 hours ago
of $14 billion" and that it had no plans to raise capital. Additionally, the German government has said that it will not bailout out the bank. Deutsche Bank is not the only German lender to make headlines as of late. On Thursday, Commerzbank,... Read more
10h
The Hill
Watchdog: ObamaCare program made illegal paymentsreinsurance program is one of a trio of ObamaCare programs, which have been att
Watchdog: ObamaCare program made illegal payments
The Hill / Posted 10 hours ago
reinsurance program is one of a trio of ObamaCare programs, which have been attacked by Republicans as an insurer “bailout," that are meant to provide stability for insurers and protect against heavy losses or premium hikes. Problems with... Read more
15 related stories
10h
Reuters
Nobel laureate Maskin wants bureaucrats to set euro fiscal policynationally but make decisions affecting the whole bloc. He cited German chancel
Nobel laureate Maskin wants bureaucrats to set euro fiscal policy
Reuters / Posted 10 hours ago
nationally but make decisions affecting the whole bloc. He cited German chancellor Angela Merkel's involvement in Greece's bailout negotiations as an example. His comments come amid a widespread backlash in Europe against technocrats accused of... Read more
10h
Calcutta News
Layoffs and lack of dividends: Commerzbank’s restructuring plan shocks employeessaid, would ease the net reduction to 7,300. This restructuring is being seen
Layoffs and lack of dividends: Commerzbank’s restructuring plan shocks employees
Calcutta News / Posted 10 hours ago
said, would ease the net reduction to 7,300. This restructuring is being seen as the biggest overhaul since the bank’s bailout. Banks in Germany, faced with intense competition and higher cost of new regulations, have been criticised time and... Read more
10 related stories
11h
New York Post
Things are going from bad to worse for Europe’s banksto digital banking. The news comes on the heels of German Chancellor Angela Me
Things are going from bad to worse for Europe’s banks
New York Post / Posted 11 hours ago
to digital banking. The news comes on the heels of German Chancellor Angela Merkel saying the government will not offer a bailout to Deutsche, the country’s biggest lender. The Commerzbank revamp will come at a heavy cost for employees. The bank... Read more
10 related stories
11h
The Irish Times
Draghi picks Philip Lane to lead sovereign bond initiativescenario, such as a default by Greece, Portugal and Ireland,” the group wrote,
Draghi picks Philip Lane to lead sovereign bond initiative
The Irish Times / Posted 11 hours ago
scenario, such as a default by Greece, Portugal and Ireland,” the group wrote, at a time when all three countries were in a bailout programme and only months after Ireland’s 10-year Government bond yields hit an euro-era high above 14 per cent. The... Read more
12h
Southwest Daily News
Today in History, Sept. 29: Tylenol laced with cyanide kills first victim in 1982crisis as lawmakers in Europe's largest economy voted overwhelmingly in favor o
Today in History, Sept. 29: Tylenol laced with cyanide kills first victim in 1982
Southwest Daily News / Posted 12 hours ago
crisis as lawmakers in Europe's largest economy voted overwhelmingly in favor of expanding the powers of the eurozone's bailout fund. Phillip Matthew Hannan, the former New Orleans archbishop who eulogized President John F. Kennedy and who... Read more
3 related stories
12h
Newsmax
Commerzbank Plans 9,600 Job Cuts in Biggest Overhaul Since Bailoutabout one in five jobs, suspend dividends and shrink securities trading in the
Commerzbank Plans 9,600 Job Cuts in Biggest Overhaul Since Bailout
Newsmax / Posted 12 hours ago
about one in five jobs, suspend dividends and shrink securities trading in the biggest overhaul since the German lender’s bailout. Under the draft plan, Commerzbank will cut 9,600 jobs, merge its Mittelstandsbank, catering to small and... Read more
17 related stories
12h
DW
Commerzbank shakeup involves massive job cuts |a roller-coaster ride this week amid speculation about the future of the lender
Commerzbank shakeup involves massive job cuts |
DW / Posted 12 hours ago
a roller-coaster ride this week amid speculation about the future of the lender, with Deutsche chief John Cryan forced to deny media reports that he asked the German government for a bailout to meet a slew of costly legal bills. sri/hg (dpa, AP, A... Read more
10 related stories
13h
KQ2 St. Joseph
Germany's second largest bank slashes 7,300 jobsShares in Deutsche Bank hit their lowest level in over 20 years on Tuesday on s
Germany's second largest bank slashes 7,300 jobs
KQ2 St. Joseph / Posted 13 hours ago
Shares in Deutsche Bank hit their lowest level in over 20 years on Tuesday on speculation that it may need a government bailout or more cash from investors. The stock has lost half its market value this year and profits at the bank have... Read more
17 related stories
13h
Reuters
Ukraine reform push would pave way to support from new U.S. president: Pritzkerhad a limited window to implement reforms. Ukraine's international backers hav
Ukraine reform push would pave way to support from new U.S. president: Pritzker
Reuters / Posted 13 hours ago
had a limited window to implement reforms. Ukraine's international backers have propped up its economy with a $40 billion bailout package after Russia's annexation of Crimea in 2014 and the outbreak of a pro-Russian separatist insurgency that has... Read more
14h
Channel NewsAsia
Ukraine reform push would pave way to support from new US president - Pritzkerto implement reforms. Ukraine's international backers have propped up its econ
Ukraine reform push would pave way to support from new US president - Pritzker
Channel NewsAsia / Posted 14 hours ago
to implement reforms. Ukraine's international backers have propped up its economy with a US$40 billion (£30.7 billion) bailout package after Russia's annexation of Crimea in 2014 and the outbreak of a pro-Russian separatist insurgency that has... Read more
14h
Market Watch
Commerzbank to slash jobs, scrap dividendprofit" for 2016. The bank paid a EUR0.20 a share dividend for 2015, the first
Commerzbank to slash jobs, scrap dividend
Market Watch / Posted 14 hours ago
profit" for 2016. The bank paid a EUR0.20 a share dividend for 2015, the first dividend since its EUR18 billion government bailout in 2008. It had originally planned to pay a dividend for this year. Last November, when Mr. Blessing said he would... Read more
10 related stories
14h
Market Watch
Wells Fargo CEO’s $41 million pay forfeit is neither the biggest, nor the toughest clawbackestablished the Troubled Asset Relief Program to bail out big banks battered by
Wells Fargo CEO’s $41 million pay forfeit is neither the biggest, nor the toughest clawback
Market Watch / Posted 14 hours ago
established the Troubled Asset Relief Program to bail out big banks battered by the financial crisis. In return for their bailout funds, banks like Wells Fargo were required to implement “a provision for the recovery by the financial institution... Read more
391 related stories
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