50184
Deutsche Bank Under Pressure
Deutsche Bank Under Pressure

Deutsche Bank Under Pressure

Deutsche Bank Under Pressure

Deutsche Bank AG, under pressure to bolster its balance sheet before resolving a US mortgage probe, is working to securitize billions of dollars of corporate loans to offload risk, according to a person with knowledge of the matter, Bloomberg reported. The bank is structuring the transaction as a synthetic collateralized loan obligation, which means the firm would keep servicing loans while transferring risk to investors, said the person, who demanded anonymity. Germany’s biggest bank has been doing similar deals for years to manage risks from corporate lending, the person said. US authorities demanded $14 billion during initial talks to settle a probe into how it handled mortgage securities at the heart of the 2008 financial crisis.

 

Short URL : https://goo.gl/hlKkuh
  1. https://goo.gl/wKRhtK
  • https://goo.gl/bd0QCg
  • https://goo.gl/yu80S2
  • https://goo.gl/YvABXn
  • https://goo.gl/573q0l

You can also read ...

Cyber threats are ever-evolving.
The White House released a report that found that the economic...
Global Investors Target Zimbabwe Energy Sector
Zimbabwe has become a magnet for billionaire global firms such...
BSP said the planned RRR cuts are part of the bank’s financial market reforms.
The Bangko Sentral ng Pilipinas said it was reducing banks’...
FAO regional representative Julio Berdegue (R), and the deputy regional representative Eve Crowley.
Identifying territories where rural poverty is most entrenched...
Asean Labor Flows Hit a Wall
Tighter restrictions on foreign labor in Malaysia and Thailand...
The country’s GDP grew by 3.2% in 2017 but will  edge down in the coming years.
A report by the International Monetary Fund showed Sunday that...
Lagarde Backs Creation of European Monetary Fund
International Monetary Fund chief Christine Lagarde has no...
Baby-boomers will start turning 75 or older in 2022, which is expected to trigger a surge in health care and nursing care costs.
Amid stalling inflation and ballooning government spending,...

Trending

Googleplus