The dollar dropped against most currencies on Monday while the yen slid to its lowest in nearly four weeks versus the greenback as better-than-expected manufacturing data from Europe and Japan raised risk appetite and prompted investors to seek assets offering higher returns. Overall the array of data painted a picture […]
Tag: Deutsche Bank
Fidelity Bank issues $300m five-year Eurobond
Fidelity Bank Plc has issued a $300m five-year Eurobond paying a 6.875 per cent coupon and priced at a discount to give a seven per cent yield. Reuters quoted a senior official of Fidelity Bank, who declined to be named, as saying that the bond sale was completed on Thursday. […]
Deutsche Bank to Raise as Much as $6.3 Billion
Deutsche Bank AG (DBK), continental Europe’s biggest bank, will raise as much as 4.8 billion euros ($6.3 billion) to increase capital as first-quarter profit climbed. The company will issue 2.8 billion euros in stock, or as many as 90 million new shares, with full dividend entitlement for 2012, […]
