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India

Tom Sims

Out with the modern, in with the new in Deutsche Bank art sale

08 Oct 2020

FRANKFURT It's out with expressionism and in with up-and-coming contemporary art for Deutsche Bank, which plans to auction some 200 pieces from its extensive collection.

Europe cushions workforce as U.S. lifeline runs threadbare

01 Oct 2020

FRANKFURT/LOS ANGELES - While millions of U.S. workers thrown into unemployment by the coronavirus pandemic fret about feeding their families, idled German airline purser Marco Todte is mainly concerned about his next vacation.

Exclusive: Deutsche Bank CEO to board: mergers not a focus now, sources say

30 Sep 2020

FRANKFURT Deutsche Bank chief executive officer Christian Sewing has told the lender's supervisory board he is not focused on mergers at the moment and is instead concentrating on the bank's overhaul until 2022, people with knowledge of the matter said.

U.S. pension funds sue Allianz after $4 billion in coronavirus losses

29 Sep 2020

FRANKFURT Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany's Allianz, one of the world's top asset managers, for failing to safeguard their investments during the coronavirus market meltdown.

UPDATE 1-U.S. pension funds sue Allianz after $4 bln in coronavirus losses

29 Sep 2020

* Allianz says allegations legally flawed (Adds comment from MTA)

U.S. pension funds sue Allianz after $4 bln in coronavirus losses

28 Sep 2020

FRANKFURT, Sept 28 Pension funds for truckers, teachers and subway workers have lodged lawsuits in the United States against Germany's Allianz, one of the world's top asset managers, for failing to safeguard their investments during the coronavirus market meltdown.

RPT-Focus shifts to Commerzbank's strategy after CEO named

28 Sep 2020

FRANKFURT, Sept 27 The nomination of Manfred Knof as chief executive of Germany's Commerzbank paves the way for an overhaul that could close hundreds of branches and shrink its foreign operations, though any major changes may still take months to formalise.

Focus shifts to Commerzbank's strategy after CEO named

27 Sep 2020

FRANKFURT The nomination of Manfred Knof as chief executive of Germany's Commerzbank paves the way for an overhaul that could close hundreds of branches and shrink its foreign operations, though any major changes may still take months to formalise.

Return to big offices? Why bank branches may get a new lease of life

24 Sep 2020

By Iain Withers, Tom Sims, Patricia Uhlig and Hans Seidenstuecker

Expected bank merger wave puts Deutsche Bank on stand-by

22 Sep 2020

FRANKFURT/ZURICH Deutsche Bank is preparing for a wave of mergers, its finance chief said on Tuesday, in a potential change for Germany's biggest lender, which has been focused firmly on a turnaround.

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