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Deutsche’s Cryan sees better revenue opportunities in 2017

Bloomberg Deutsche Bank AG Chief Executive Officer (CEO) John Cryan said there are more opportunities to increase revenue this year as Europe’s largest investment bank continues its turnaround plan. “2017 is another year of restructuring even though in a better outlook,” Cryan told the bank’s shareholders on Thursday at the annual general meeting in Frankfurt. “We see better revenue opportunities, ...

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Oman appoints banks ahead of debut public dollar sukuk

DUBAI / Reuters Oman has appointed banks to arrange a global fixed income investor call ahead of a potential dollar sukuk issuance which would be the first public international sale of Islamic bonds by the Gulf state. The planned sale, expected to raise around $2 billion, would be in addition to a $3.6 billion syndicated loan that Oman is in ...

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ECB official cites risk of jolting markets

Bloomberg The European Central Bank (ECB) can’t wait too long to signal the winding down of its stimulus measures, Executive Board member Benoit Coeure warned on Thursday, citing the risk of jolting the markets. “Too much gradualism in monetary policy bears the risk of larger market adjustments when the decision is eventually taken,” Coeure said in an interview with Reuters ...

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