Deutsche Bank

The business with around 1,000 employees comprises around 2.7 billion euros (S$3.98 billion) in loans and serves 150,000 customers

He said the bank remains cautious about deploying AI for everything

The changes come at a time as Hong Kong and China now drive most dealmaking and revenue for global banks operating in Asia

Q1 net profit attributable to shareholders is 1.91 billion euros, up from 1.78 billion euros the year before

The 18-month transaction takes the form of a revenue bond backed by ticket sales of several carrier routes

The decision comes following an internal task force uncovering instances of Russian retail-client deposits

The total year-end bonuses go up to 2.7 billion euros for 2025, from 2.5 billion euros the year before

Global financial wealth reached an all-time high of US$305 trillion in 2024

Billionaires with sports investments include India’s Mukesh Ambani, France’s Bernard Arnault and Josh Harris in the US