Deutsche Bank
Libor forecast to lose status as key benchmark
Libor's days as a key benchmark for a variety of derivatives and as a measure of interbank lending rates may be numbered, a leading interest rates strategist has suggested.
Deutsche hires Japan prime-broking head
Masakazu Yanagisawa has joined Deutsche Securities in Tokyo as head of global prime finance sales for Japan, a post that had been vacant for some time. He was previously head of prime brokerage and capital introductions for Japan at Merrill Lynch.
Deutsche Bank structured equity sales head departs amid cuts
Kim Gayer has left his London-based position as managing director and global head of structured equity sales at Deutsche Bank. The bank declined to comment on his departure.
European CDSs continue to climb
The cost of credit protection on European banks increased in early trading today, while market sentiment towards US financial institutions remained favourable.
Trader and equity derivatives heads depart DB
Two senior equity derivatives heads and one equity derivatives trader have left Deutsche Bank after it reported €386 million in losses on its equity prop trading book.
Structured Funds House - Deutsche Bank
Europe Awards 2008
Looking for the up escalator
Deutsche Bank is offering escalator notes linked to a basket of equity, currency and commodity indexes. Principal is protected at maturity and returns are locked in if the index rises above certain designated levels during the product term
Dearth of direction
Editor's letter
Deutsche launches proxy inflation index
Deutsche Bank has created a proxy inflation index that seeks to mirror inflationary trends in Asia excluding Japan by using a combination of inflation in Europe, the US and Japan, and commodity exposures in food and metals.
Deutsche recruits foreign exchange options head
Deutsche Bank has appointed Connor Kelly as head of foreign exchange emerging markets options for central and eastern Europe, the Middle East, Africa and Latin America.
Misra departs Deutsche Bank
Rajeev Misra, Deutsche Bank’s global head of credit and commodities, has left the firm to set up a special opportunities fund, in which the bank is planning to invest.
Cultural change prescribed in response to subprime losses
As banks and other market players seek to close risk management loopholes exposed by tottering markets, some post-mortems are homing in on a broader issue: corporate culture.
Carson global head of Deutsche’s new derivatives unit
Deutsche Bank has named Richard Carson as global head of global equity derivatives (GED) - a newly-integrated business unit that includes the bank's vanilla, synthetic and complex equity derivatives franchises.
Deutsche succumbs to crisis with €141m Q1 loss
Deutsche Bank chalked up losses of €141 million for the first quarter of 2008, after digesting a €2.7 billion writedown on leveraged loan commitments, commercial real estate and residential mortgage-backed securitities (RMBS) exposures, the firm has…
Deutsche poaches JP Morgan credit execs for equity derivatives
Deutsche Bank has hired three former JP Morgan credit executives to form a China institutional equity derivatives sales team, to be headed by Cindy Wang.
Five banks file counterclaim over Clear Channel LBO
A legal spat over the proposed leveraged buyout of Texas-based media company Clear Channel intensified on April 4, as five banks filed a counterclaim in New York against the company and its private equity suitors.