×
Companies

Are Deutsche Bank Asia Ties the Straw Breaking the Bank’s Back?

Jürgen Fitschen (L) and John Cryan, co-CEOs of the Deutsche Bank, at the company's annual press conference in Frankfurt, Germany, on Jan. 28, 2016. (Daniel Roland/AFP/Getty Images)
Jürgen Fitschen (L) and John Cryan, co-CEOs of the Deutsche Bank, at the company's annual press conference in Frankfurt, Germany, on Jan. 28, 2016. (Daniel Roland/AFP/Getty Images)

With its home market in Europe languishing, troubled European bank Deutsche Bank bet big on the fast growing Asia Pacific region, a bet which has now...




  • Jürgen Fitschen (L) and John Cryan, co-CEOs of the Deutsche Bank, at the company's annual press conference in Frankfurt, Germany, on Jan. 28, 2016. (Daniel Roland/AFP/Getty Images)

    Is a Liquidity Crisis the Beginning of the End for Deutsche Bank?

    Despite assurances by Deutsche Bank Co-CEO John Cryan that the bank is “rock solid,” historical precedents of bank failures and parallels to Deutsche’s situation today... Read more

  • The Ausgrid building in Sydney on Sept 17, 2012. (AAP Image/April Fonti)

    China Giants in the Waiting for Next Power Assets

    Following the bumper sale of its TransGrid electricity transmission network, the New South Wales Government, led by Mike Baird, is now looking to partly privatize... Read more

  • A sign showing that the Chipotle Mexican Grill seen at 1924 Beacon St. is closed on December 8, 2015 in Boston, Massachusetts. According to Boston College spokesman, 80 students have gotten sick after eating at the fast food chain.  (Scott Eisen/Getty Images)

    Chipotle’s Instructions to It’s Employees to Avoid New Food Safety Crisis

    Chipotle employees gathered in movie theaters and hotel conference rooms around the country to watch a presentation by executives about the company’s food safety procedures... Read more

  • The Facebook logo displayed on an iPad in Philadelphia on May 16, 2012. Facebook says it’s cracking down on online gun sales, with a new policy that bars private individuals from advertising or selling firearms on the world’s largest social network, on Jan. 29, 2016. (AP Photo/Matt Rourke)

    India Internet Ruling Blocks Facebook ‘Free Basics’ Program

    SAN FRANCISCO—India’s government has essentially banned a Facebook program that sought to connect with low-income residents by offering free access to a limited version of... Read more

  • (Richard Drew/AP Photo)

    Twitter Moves to Actively Seek Out Terrorist Supporters

    WASHINGTON—Twitter is now using spam-fighting technology to seek out accounts that might be promoting terrorist activity and is examining other accounts related to those flagged... Read more

  • An Apple iPhone with a cracked screen after a drop test from the DropBot, a robot used to measure the sustainability of a phone to dropping, at the offices of SquareTrade in San Francisco on Aug. 26, 2015. Apple for the first time is accepting banged up iPhones as a trade-in from those wanting to upgrade. (AP Photo/Ben Margot)

    Apple Now Accepting Your Banged-Up iPhone to Trade for Upgrade

    NEW YORK—Apple for the first time is accepting banged up iPhones as a trade-in from those wanting to upgrade. Until now, Apple offered credit to... Read more

  • A Lowe's store in Philadelphia in this file photo. The Lowe's home improvement chain is buying Quebec-based Rona Inc. in a deal valued at $3.2 billion. (The Canadian Press/AP/Matt Rourke)

    Lowe’s-Rona Deal Points to More Takeover Activity

    TORONTO—The plight of the loonie and low interest rates can make Canadian companies ripe for the pickings, observers said Wednesday, Feb. 3, as U.S. home... Read more

  • In one of the bright spots of U.S. corporate earnings, Alphabet, the parent company of Google, reported 2015 fourth quarter earnings that helped its stock price rise to a level making it a more valuable company than Apple. (Justin Sullivan/Getty Images)

    US Corporate Earnings Adjusting to Strong Greenback, Weak Oil Price

    Most of a highly anticipated corporate earnings season in the U.S. has come to pass and has underscored the divergence between the energy sector and... Read more

  • A cheeseburger and drink, served up at a Shake Shack restaurant in Chicago, Ill., on Jan. 28, 2015. (Scott Olson/Getty Images)

    Fast-Casual Chains Succeed by Giving Us What We Want

    Annual sales at fast-casual restaurants are growing at three times the average industry rate. Why? What is the magic formula that has people flocking to... Read more

  • Customers browse aisles at the opening day for Amazon Books, the first brick-and-mortar retail store for online retail giant Amazon, Tuesday, Nov. 3, 2015, in Seattle. (AP Photo/Elaine Thompson)

    Amazon Is Planning to Open Hundreds of Bookstores, Mall CEO Says

    Amazon is planning to open up to 400 physical bookstores in the future, a mall CEO revealed in an earnings call this week. The Seattle-based... Read more

  • Yahoo President and CEO Marissa Mayer at the International Consumer Electronics Show in Las Vegas on Jan. 7, 2014. (AP Photo/Julie Jacobson)

    Yahoo to Cut 1,700 Workers as CEO Tries to Save Her Own Job

    SAN FRANCISCO—Yahoo is laying off about 1,700 employees and shedding some of its excess baggage in a shake-up likely to determine whether CEO Marissa Mayer... Read more

  • Former Turing Pharmaceuticals CEO Martin Shkreli is interviewed by host Maria Bartiromo during her "Mornings with Maria Bartiromo" program on the Fox Business Network, in New York, on Feb. 2, 2016. (AP Photo/Richard Drew)

    Congress: Drugmakers Planned Price Hikes to Boost Profits

    Two drugmakers have made a practice of buying and then dramatically hiking the prices of low-cost drugs given to patients with life-threatening conditions including heart... Read more

  • An Exxon sign at a Exxon gas station in Carnegie, Pa., on April 29, 2014. (AP Photo/Gene J. Puskar)

    As Oil Prices Plunge, Big Oil Profits Take a Hit

    DALLAS—The big plunge in crude prices is taking a toll on Big Oil. Exxon Mobil Corp. said Tuesday that fourth-quarter profit fell 58 percent to... Read more

  • This graphic shows the largest company by revenue in every state, some of which you probably never heard of (Book Your Data)

    These 5 Companies Nobody Knows Are Still Top of Their State

    The United States dominates the top 10 of global companies by revenue with names such as Walmart ($486 billion in 2015) and Exxon Mobile ($383... Read more

  • A logo of Swiss bank UBS on a building in Zurich on Nov. 14, 2013. (Fabrice Coffrini/AFP/Getty Images)

    UBS Bank Shares Plunge as Rich Investors Withdraw Money

    FRANKFURT, Germany—Swiss bank UBS saw its shares slide on Tuesday on news that investors had pulled billions out of its division serving wealthy clients—a token... Read more

  • Vietnamese Beef Salad, and Feta, Cucumber, and Orzo Greek salad from Maple, a New York meal delivery service, on July 20, 2015. (Samira Bouaou/Epoch Times)

    Q&A: Maple CEO Caleb Merkl on Building the ‘Ideal’ Food Delivery Concept

    Maple launched its gourmet food delivery service in the Financial District less than a year ago, and in January expanded to include Midtown Manhattan. With... Read more


  • Top