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Search resuls for: "Quentin Webb"


2 mentions found


☆ What’s Going On at Deutsche Bank?
  + stars: | 2023-03-24 | by ( Quentin Webb | Caitlin Mccabe | ) www.wsj.com   time to read: 1 min
Deutsche Bank, Germany’s largest lender, is one of 30 global systemically important banks that regulators monitor more closely. Deutsche Bank AG stock tumbled Friday, and the cost of insuring the lender’s debt against default leapt to multiyear highs, in the latest sign of investor nervousness about global banks. What is Deutsche Bank and why does it matter? The bank is Germany’s largest lender, with total assets of about 1.337 trillion euros, or about $1.448 trillion, at the end of last year. It employs nearly 85,000 staff across 58 countries and is one of 30 global systemically important banks that regulators monitor more closely, in order to safeguard financial stability.
☆ U.K. Markets Rally as Investors Bet Government Will Roll Back Tax Plans
  + stars: | 2022-10-13 | by ( Max Colchester | Caitlin Ostroff | Quentin Webb | ) www.wsj.com   time to read: 1 min
LONDON—U.K. financial markets rallied Thursday as investors bet the government would reverse course on its recent tax-cutting plans, while the country’s Prime Minister Liz Truss grapples with a growing rebellion from both investors and lawmakers from her own Conservative Party. U.K. government bond prices rose and the pound gained against the dollar on expectations that some or all of the government’s plans would be rolled back, according to analysts. Both markets pared gains, however, after surprisingly strong U.S. inflation data, while a rally in smaller U.K. stocks fizzled out.
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