The proposed deal is unusual because it is one of the first transactions involving unregulated private equity firms acquiring a majority stake in a bank holding company.


Donald Trump has filed a lawsuit maintaining that the current financial crisis provides him with a good reason not to pay $40 million owed to Deutsche Bank.


Deutsche Bank fancies itself an exception to the view that giant banks need rescuing. But the markets will have the final word, and so far they are not buying the story.


Deutsche Bank fancies itself an exception to the view that giant banks need rescuing. But the markets will have the final word, and so far they are not buying the story.


Federal prosecutors have indicted a former Bank One executive, charging that he sold questionable tax shelters through transactions arranged by Deutsche Bank.


Having been brought low by their dealings in obscure securities, bankers are reluctant to start lending again until the impact of the recession becomes clearer.


Deutsche Bank reported a pretax profit of 93 million euros, or $118.5 million, in the quarter, a result only possible because of new accounting rules that allowed it to cut write-downs.


Two banks financing a buyout of the Huntsman Corporation have backed out of the $6.5 billion deal, which grew increasingly rancorous as the economy worsened.


For most of the financiers who remain, with the exception of a few superstars, the days of easy money and supersized bonuses are behind them.


A group of microfinancing organizations will announce a code of conduct meant to reaffirm the principles of microlending and set microlenders apart from consumer lenders entering the market.


 
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