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Deutsche Bank boosts securities unit outlook

Bloomberg Deutsche Bank AG signalled the trading boom that helped it beat Wall Street rivals will continue through the end of the year, boosting investment banking revenue and compensating for headwinds at its lending businesses. Income from trading fixed-income securities and currencies rises 47%, beating all but one of the large investment banks so far and snapping a long streak ...

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BOE to combat new lockdown pain with fresh stimulus aid

Bloomberg The Bank of England (BOE) looks certain to unleash another burst of monetary stimulus this week as new coronavirus lockdowns shock the economy and put yet more pressure on government finances. Any doubt that Governor Andrew Bailey and his colleagues might delay boosting their bond-buying program when they meet this week was effectively erased with Prime Minister Boris Johnson’s ...

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Goldman asks most London staff to work from home

Bloomberg Goldman Sachs Group Inc. has informed staff that only ‘in-office essential’ employees can work from its London office after Boris Johnson announced a new nationwide lockdown to arrest an accelerating second wave of the virus. Goldman has told the vast majority of its more than 5,000 London employees to work from home from November 5, with only essential workers ...

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