Predicting what happens next in stocks will get trickier this fall when markets navigate a roller coaster of big events

Are you tired of being told to fasten your seat belt? The next few weeks are chock-full of big events that could spell heartburn for global financial markets. Investors will need a strong stomach to get through international trade disputes, Britain’s march toward Brexit, and more. But here’s a surprise: things just might start to look a little brighter as […]

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China’s Central Bank Tells Foreign Firms Yuan Won’t Keep Falling

In this article Senior People’s Bank of China officials reassured foreign companies that the currency won’t continue to weaken significantly, a day after the yuan fell below 7 per dollar for the first time since 2008. The central bank held a meeting with a number of foreign exporters in Beijing Tuesday, at which officials also said that companies’ ability to […]

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Exclusive: Deutsche Bank's problem derivatives cloud recovery – sources

NEW YORK (Reuters) – Deutsche Bank AG’s (DBKGn.DE) turnaround strategy rests in large part on shedding 288 billion euros of unwanted assets. Three bank insiders said it will take years, tying up capital that could have generated income of 500 million euros ($557 million) a year. The opportunity cost of unloading the assets, which has not been previously reported, underscores […]

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Deutsche Bank shares slide again on doubts about turnaround

LONDON/FRANKFURT (Reuters) – Deutsche Bank DKBGn.DE shares extended losses on Tuesday on investor doubts that the new chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker to corporate Germany. Christian Sewing, CEO for just over a year, and his finance chief are on week-long roadshow to explain the restructuring. Sewing plans […]

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Exclusive: Deutsche Bank braced for continued Fed restrictions on U.S. business – sources

NEW YORK (Reuters) – Deutsche Bank AG executives expect U.S. regulators to continue to impose restrictions on its Wall Street investment bank even if it passes an annual health check, three sources familiar with the matter said. Executives hope improvements the bank has made to its risk management and capital planning processes since failing last year’s test will enable it […]

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