Deutsche Bank to limit cash bonuses for second year

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Source: Bloomberg
Deutsche Bank AG, the biggest investment bank in Europe in terms of revenue, will announce a second consecutive year of limits for cash bonuses, as European banks are asked to maintain more responsible payouts policy to avoid financial problems. The cap will probably reach 300,000 euro. Today, Deutsche Bank equities are rising 1.8% to 35.70 euro by 11:15 GMT in Frankfurt.
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Thu, 06 Feb 2014 11:59:08 GMT

U.K. shares advance for second day ahead of BOE, ECB decisions

U.K. shares rose for a second straight day as interest rate decisions were awaited from the Bank of England and the European Central Bank by investors. The FTSE 100 Index gained 0.8% to 6,511.61 as of 11:20 a.m. London time; however, it has declined 5.7% since January 20. The FTSE All-Share Index added 0.68%, while Ireland's ISEQ Index climbed 1%

Thu, 06 Feb 2014 12:12:04 GMT

Credit Suisse Q4 profit misses estimates

Credit Suisse Group AG, one of biggest banks in Switzerland, announced its Q4 financial results that missed economists' predictions, as the bank a saved more money to pay for legal issues, namely 514 million francs. The net income totaled 267 million francs versus a 398 million francs average estimate. Today, Credit Suisse Group AG shares are dropping 1.2% to 26.72

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