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Deutsche Bank Posts $924M Loss As Restructuring Continues

PYMNTS

Germany’s Deutsche Bank reported a net loss below market expectations amid a restructuring plan that includes about 18,000 layoffs, The Wall Street Journal (WSJ) reported Wednesday (Oct. The lender reported a net loss of $924 million (832 million euros) for the third quarter of 2019. percent drop in the closing share price.

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Deutsche Bank Backs Idea For Stronger Banking Union

PYMNTS

The news comes as the bank reported a net loss below market expectations amid a restructuring plan that includes about 18,000 layoffs. The lender reported a net loss of $924 million (832 million euros) for the third quarter of 2019. This is the second quarterly loss for Deutsche Bank, which triggered a 7.9

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APAC capital markets during the COVID-19 crisis

Future CFO

We expect Credit and Political Risk Insurance (CPRI) to play an important and increasing role in supporting lenders in mitigating risk, overcoming concentration issues and improving capital adequacy. Reality is showing us that profitability is no longer a target, and in the absence of such, how can we be assured of liquidity.

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The Sharing Economy come home: The IPO of Airbnb!

Musings on Markets

In summary, coming into 2020, Airbnb was delivering a combination of growth driven by disruption and a pathway to profitability that made them a prime candidate for a public offering. In addition, growth in the experiences business will also push this metric upwards, since Airbnb keeps a 20% share of those revenues.

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Musings on Markets: Control, Complexity and Politics: Deconstructing the Adani Affair!

CFO News Room

Those risks increase, if the family group companies are built around political connections, where you are one political election loss away your biggest competitive advantage.

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Control, Complexity and Politics: Deconstructing the Adani Affair!

Musings on Markets

Download data Again, the steep drop off in invested capital that you see in 2015 is just a reflection of the restructuring of the company that year, as the invested capital in Adani Ports and Power was removed from the mix.

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Transcript: Mathieu Chabran

Barry Ritholtz

So as the market and the industry restructure, we’ll certainly be very opportunistic. And that could be painful, because someone will have to take the pain, even if, unlike 2008, where the risk was concentrated on banks’ balance sheet, today is much more spread across, let’s say, asset managers.