Bloomberg Deutsche Bank AG is stuck in a vicious circle as co-Chief Executive Officer John Cryan seeks to overhaul an impaired business that needs more capital, which the bank would struggle to raise if it tried to tap investors, according to Berenberg. The Frankfurt-based lender’s biggest problem is excessive leverage, Berenberg’s James Chappell wrote Monday in a note that ...

  Bloomberg Bank of America Corp. appointed Jiro Seguchi to head its brokerage and banking units in Japan from June 1, replacing Tim Latimore. Seguchi, co-head of global corporate and investment banking in the Asia-Pacific region, will move to Tokyo from Hong Kong to add the new role as country executive for Japan, according to an internal memo obtained by ...

  Bloomberg UBS Group AG hired Brevan Howard Asset Management LLP’s Arend Kapteyn as chief economist of its investment bank. Kapteyn will join the Swiss lender on August 1 in London and will report to global head of investment bank research Juan Luis Perez, according to an internal memo obtained by Bloomberg News. A spokesman for the bank confirmed the ...