Finance

Photo

Ailing U.S. consumers might foreshadow recession

NEW YORK, Nov 8 (Reuters) - As the U.S. credit crunch wreaks havoc throughout the financial industry, some worry it might herald a coming recession. | Video

Continue Reading

Wall Street CDO monsters continue to lurk

NEW YORK (Reuters) - Wall Street banks either are reluctant to give investors a full picture of their troubled assets or they never had a grip on their exposure in the first place, said Tanya Azarchs, a Standard & Poor's ratings analyst.

"Worst banks crisis" says Deutsche CEO

LONDON (Reuters) - Global credit markets are deep in the worst crisis of Deutsche Bank chief Josef Ackermann's 30-year career, but he does not see any further writedowns for Germany's flagship bank. | Video

S&P analyst says U.S. banks strong

NEW YORK (Reuters) - U.S. banks and brokers are entering this credit downturn with strong capital levels, and many of their ratings should hold at current levels assuming the credit downturn is a normal one, Standard & Poor's ratings analyst Tanya Azarchs said Thursday.

Demand seen for leveraged loans: D. Bank CEO

LONDON (Reuters) - Deutsche Bank continued to see demand among investors for leveraged loans used to fund private equity buyouts throughout the third quarter but did not want to sell them at depressed prices, its chief executive said. | Video

World economy can live with $100 oil

LONDON (Reuters) - Oil will breach the $100 barrier, but this will not kill off global economic growth, the head of Germany's Deutsche Bank said at the Reuters Finance Summit. | Video

Upheaval stokes dreams of going it alone

NEW YORK (Reuters) - At times like these, with Wall Street in upheaval, the thoughts of many executives turn towards setting up their own firm.

Restructuring seen surging as buyout boom pops

NEW YORK, Nov 7 (Reuters) - The credit crunch and housing slump may be bad for the economy, but it's good news for firms that advise struggling companies on getting their finances in order. | Video

Deutsche in "constructive dialogue" on M-LEC

LONDON (Reuters) - Deutsche Bank AG is still in constructive dialogue with other banks over support for a superfund to help restore confidence in distressed structured investment vehicles, the chief executive of Germany's biggest bank said at the Reuters Finance Summit. | Video

Deutsche '08 forecasts assume "normal markets"

LONDON (Reuters) - Deutsche Bank expects to hit its profit target for next year assuming "normalized markets", its chief executive Josef Ackermann reiterated on Thursday. | Video

Deutsche plans no investment bank M&A

LONDON (Reuters) - Germany's biggest bank Deutsche Bank does not plan to buy an investment bank, chief executive Josef Ackermann said as speculation swirled that some may become takeover targets. | Video

Speakers

Reporter's Notebook

» More from Summits Blogs

Upcoming Summits

Summit Date Category
Islamic Banking and Finance Feb 15 - 18 Country Summits
Travel and Leisure Feb 22 - 24 Hotels/Casinos
Private Equity and Hedge Funds Mar 1 - 3 Financial Services/Exchanges
Global Mining and Steel Mar 8 - 10 Mining
Food and Agriculture Mar 15 - 18 Mining
Canadian Oil Sands Mar 22 - 23 Energy
Funds Mar 23 - 24 Financial Services/Exchanges
Global Exchanges and Trading Mar 29 - 31 Financial Services / Exchanges
Financial Regulation Apr 26 - 29 Financial Services / Exchanges
» Download Summit Calendar