SUBSCRIBERS
Deutsche Bank CEO says high profits now trigger 'red flags'
Published Wed, Jun 1, 2016 · 09:50 PM
Frankfurt
DEUTSCHE Bank scrutinises high returns from any of its businesses to avoid the conduct issues that led to a series of scandals which contributed to a record 2015 loss, its chief executive said on Tuesday.
"We are focusing on new products that actually generate reasonably good returns on regulatory capital ... We try to target 12 to 20 per cen…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
JPMorgan talking with investors about two synthetic risk transfers
HSBC says growing Chinese wealth fuels client investments in US
Money laundering accused Su Baolin to plead guilty after being handed 3 more charges
UBS flags 'serious' concern about new Swiss capital requirements
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Lloyds bank says quarterly profits sink on higher costs