Twitter has hired several banks to help underwrite its IPO, persuaded some of those firms to provide a credit line and plans to make its prospectus public in early October, sources say. The Twitter IPO may be closer than you think. The social-media giant has hired several banks for the […]
Tag: Deutsche Bank
Japan regulator probing Deutsche Bank entertainment of pension clients – sources
Japan’s securities market watchdog is investigating whether Deutsche Bank AG (GER:DBK) employees provided excessive entertainment to Japanese pension fund executives in breach of regulations, sources with knowledge of the matter said. The Securities and Exchange Surveillance Commission (SESC) found evidence of potential infractions during a regular audit of Deutsche Securities […]
UBS profit beats forecasts despite U.S. mortgage suit settlement
UBS’s second-quarter profit beat forecasts even though it agreed to settle a lawsuit with the U.S. housing regulator over the mis-selling of mortgage-backed bonds, boosting shares in Switzerland’s largest bank to two-year highs. A number of European banks – including Deutsche Bank, Barclays, Credit Suisse, HSBC and Royal Bank of […]
