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Latest News on private equity markets

Deutsche Bank CEO pledges to buy bank's sliding shares in wake of restructuring

Deutsche Bank chief executive officer said on Monday that he plans to invest a "substantial amount" of his fixed salary in the lender.



5 years ago

American financier Epstein lured underage girls for sex acts: U.S. prosecutors

American financier Jeffrey Epstein was charged with sex trafficking on Monday, as prosecutors accused him of luring dozens of girls as young as 14 to his luxury homes in New York and Florida and paying them for sex acts.



5 years ago

Oil rises on Iran's new nuclear threats

Oil prices firmed on Monday on tensions over Iran's nuclear program but gains were capped by concerns about global economic growth and consequently oil demand.



5 years ago

German diplomat tells U.S., EU: don't use agriculture to block trade deal

The United States and European Union should use common sense to move forward with formal negotiations about a trade agreement, instead of allowing disagreements over agriculture to block progress, a senior German diplomat told Reuters.



5 years ago

E-scooters put Swedish start-up on road to positive cashflow

Growing numbers of young people whizzing around Europe's big cities on electric scooters may represent a nightmare for some pedestrians and motorists, but for Swedish sharing start-up VOI they offer a path to positive cashflow.



5 years ago

Deutsche Bank careers end in an envelope, a hug and a cab ride

Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a restructuring announcement.



5 years ago

Axe falls as Deutsche Bank lays off 18,000 in $8.3 billion reinvention

Deutsche Bank laid-off staff from Sydney to New York on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) "reinvention" which will lead to yet another annual loss and knocked its already battered shares.



5 years ago

Financier Epstein pleads not guilty to U.S. charges of sex trafficking

American financier Jeffrey Epstein pleaded not guilty on Monday to charges of sex trafficking as prosecutors accused him of luring dozens of girls as young as 14 to his luxury homes in New York and Florida and paying them for sex acts.



5 years ago

What Americans really think the government should do to fix Social Security

Social Security is in need of some changes before 2035 in order to continue to pay out benefits as promised. Americans weigh in on what they'd like to see the government do to fix that.

5 years ago

Wall St. dragged down by Apple; hopes of sharp rate cut fade

U.S. stocks fell on Monday, pressured by a drop in Apple Inc and declines in healthcare stocks as investors toned down expectations of an aggressive interest rate cut by the Federal Reserve later this month.



5 years ago

Big axe falls as Deutsche Bank to lay off 18,000 in $8.3 billion 'reinvention'

By Tom Sims, Paulina Duran, Sumeet Chatterjee and Matt Scuffham



5 years ago

Guggenheim says Best Buy is the most undervalued large-cap retailer, sees an 11% upside

Guggenheim initiated coverage of Best Buy with a buy rating an $80 price target.

5 years ago

SunTrust to stop financing companies that manage private prisons

SunTrust Banks Inc said on Monday it will not provide future financing to companies that manage private prisons and immigration holding facilities, becoming the latest lender to distance itself from a sector that has become tied to the Trump administration’s immigration policies.



5 years ago

U.S. consumer inflation outlook rises for first time in three months: NY Fed survey

U.S. consumers in June lifted their inflation expectations for the first time in three months, New York Fed data showed on Monday, reducing pressure on central bankers to cut rates significantly to support economic momentum.



5 years ago

Global shares fall as prospect of sharp U.S. rate cut fades

Stocks around the world fell on Monday after strong U.S. job gains tempered expectations the Federal Reserve will deliver a large interest rate cut.



5 years ago