Bloomberg Max Koep, Deutsche Bank AG’s head of equities for Central and Eastern Europe, the Middle East and Africa, has taken a leave of absence, according to a person familiar with the matter. Koep may not return, said the person, who requested anonymity speaking about personnel matters. The firm has been cutting as much as 17 percent of its ...

  Bloomberg Goldman Sachs Group Inc. handed a surprise gift to bondholders in Canada this week by redeeming debt sooner than investors had expected, and some money managers are betting that other banks will follow its lead. The New York-based bank said that it was redeeming all of its $380 million in subordinated notes maturing in April 2022 for a ...

  Bloomberg Royal Bank of Canada (RBC), the country’s largest lender by assets, raised its dividend after posting first-quarter profit that beat analysts’ expectations, led by higher wealth-management earnings and a surge in trading revenue. Net income for the period ended Jan. 31 rose 24 percent to C$3.03 billion ($2.31 billion), or C$1.97 a share, from C$2.45 billion, or C$1.58, ...