Recent Posts

Deutsche Bank on M&A hiring spree to gain market share

BLOOMBERG  Deutsche Bank AG sees the current slump in mergers and acquisitions (M&A) as an opening to boost ranks and take back some market share from Wall Street rivals. The German giant has signed on M&A veterans from peers including Bank of America Corp, Credit Suisse Group AG, Lazard Ltd and Citigroup Inc over the past couple of months and ...

Read More »

Bonds, US futures advance as debt-deal push ramps up

BLOOMBERG Treasuries and US stock futures advanced on hopes that Congress will pass a debt accord to head off a default as White House and Republican congressional leaders stepped up lobbying in support of the deal. Treasury yields fell across the curve. Yields on short-dated bills — the most at risk of a default — were indicated lower as they ...

Read More »

Recession worries fuel Big Tech stock rally, say investors

BLOOMBERG The Big Tech rally of this year has further to run as the risk of a US recession drives investors into stocks that offer profitable growth in lean times, according to the latest Markets Live Pulse survey. Some 41% of 492 market participants surveyed said the highest returns this year would come from buying quality stocks focussed on profitability, ...

Read More »
Send this to a friend