DEUTSCHE BANK

  • McIlroy targets Mahan's top spot at Deutsche Bank golf tournament August 29, 2014

    Inform Rory McIlroy has set his sights on dislodging Hunter Mahan from the top of the FedExCup standings after this week's Deutsche Bank Championship in Massachusetts on a course he says is ideally suited to his game. Two years ago, McIlroy won the elite FedExCup playoff event held at the TPC...
  • India aims to recover 228 million euros in Finmeccanica bank guarantees May 26, 2014

    New Delhi: India will move to recover bank guarantees from an aborted 560millioneuro helicopter deal with Italy's Finmeccanica, the defence ministry said, after an Italian court lifted a freeze on 228 million euros held with European banks. New Delhi scrapped the deal with Finmeccanica's AgustaWestland unit in January, after graft allegations...
  • Air India to raise bridge loan of $500 mn for buying 4 Dreamliners April 20, 2014

    New Delhi: Expecting deliveries of five more Dreamliners between May and November, Air India plans to raise bridge loan of $500 million to finance the purchase of four of these aircraft and use them to launch flights to new destinations like Moscow, Rome and Milan. The national carrier, which has already...
  • RBI governor Raghuram Rajan receives Deutsche Bank Prize September 27, 2013

    Frankfurt: Reserve Bank of India governor Raghuram G Rajan has been awarded the Fifth Deutsche Bank Prize for Financial Economics 2013, in recognition of his groundbreaking research work which influenced financial and macroeconomic policies around the world. The academic prize is sponsored by the Deutsche Bank Donation Fund and carries an...
  • Stenson wins Deutsche Bank Championship September 3, 2013

    Norton: Sweden's Henrik Stenson won the Deutsche Bank Championship by two shots with a five-under-par round of 66, leaving him with a tournament record-tying total of 22-under 262 at the TPC Boston on Monday. Stenson, enjoying a rich run of form, moves above Tiger Woods into top spot in the FedExCup...
  • China lowers 2012 GDP growth rate to 7.7 pc September 2, 2013

    China's statistics authority, on Monday, lowered the country's growth rate for 2012 to 7.7 percent based on its preliminary verification. The revised gross domestic product (GDP) came in at 51.89 trillion yuan ($8.41 trillion), down 38 billion yuan from the preliminary calculation figure that put the annual rate at 7.8 percent,...
  • Garcia leads a low-scoring pace in Boston September 2, 2013

    Norton: On a TPC Boston softened by so much rain that the third round Sunday had to be started over, Sergio Garcia kept his nose in front and gave himself a two-shot cushion at the Deutsche Bank Championship with a birdie on the final hole as darkness settled over New...
  • Garcia grabs the lead in Boston September 1, 2013

    Norton, Massachusetts: Sergio Garcia opened with five birdies in seven holes, closed with an eagle, and wound up as the guy everyone was chasing on Saturday at the Deutsche Bank Championship. By everyone, that means 28 players within six shots of his lead with 36 holes to play. And somehow, that...
  • Mickelson's star power shines brightest at Boston August 31, 2013

    Norton, Massachusetts: Phil Mickelson keeps saying how much he loves playing with Tiger Woods. He shot 63 at the Deutsche Bank Championship to prove it. In a feature grouping of the top three players in the world ranking, Mickelson turned in the star performance Friday morning with a 28 that allowed...
  • Top trio have eyes on $10 million playoff Golf prize August 30, 2013

    Norton: The world's top three golfers tee off together on Friday as the second FedExCup playoff event, the Deutsche Bank Championship, gets under way with scores of other players still in the hunt for the $10 million jackpot. World number one Tiger Woods, nursing a back injury that left him in...
  • Rory McIlroy harbours hopes of a late FedExCup push August 30, 2013

    Norton: Rory McIlroy heads into Friday's opening round of the Deutsche Bank Championship believing he can still turn a disappointing year into a memorable season by winning overall FedExCup playoff honours. McIlroy sits 36th in the standings, 2,984 points behind leader Tiger Woods, but with 2,500 points available for a win...
  • Rupee could touch 70 per $ in a month: Deutsche August 21, 2013

    Mumbai: The rupee could touch 70 against the US dollar in a month or so, although some revival is expected in the currency by the end of the year, Deutsche Bank said in a report on Wednesday. "We continue to believe that fundamentally the rupee is undervalued and has overshot its...
  • Air India secures $ 500 mn from Deutsche, Investec Bank July 25, 2013

    Mumbai: National carrier Air India has tied up with Deutsche Bank and the British lender Investec Bank to raise up to USD 500 million to take the delivery of five Boeing Dreamliners, according to airline sources. "We have got financing for all the five Dreamliners and have mandated Deutsche Bank...
  • Deutsche says investor pessimism overdone, sees Sensex at 22,500 March 25, 2013

    Mumbai: Observing that investor pessimism in the country might be 'overdone', German brokerage Deutsche Bank on Monday predicted that the BSE benchmark Sensex would close the year at 22,500 points. "We believe investor pessimism on India may be overdone," Deutsche Bank said in a note, giving the target of 22,500 for...
  • Investor pessimism in India overdone: Deutsche Bank March 25, 2013

    Mumbai: Deutsche Bank believes the recent investor pessimism in India is overdone and sticks to its BSE Sensex target of 22,500 by the end of December. Deutsche says the government may shift to executive decisions to pass its agenda, focusing on actions that do not require parliamentary approval, thus reducing...
  • Deutsche Bank raises Dec target for Sensex to 20,000 September 17, 2012

    Mumbai: Deutsche Bank and Citigroup raised their targets for the BSE stock index after the government announced reforms last week, including opening up the country's multibrand retail sector to foreign direct investment (FDI). Deutsche Bank raised its December 2012 target for the BSE Sensex to 20,000. Citigroup raised its BSE target to...
  • Tiger Woods first $100 million man on PGA Tour September 4, 2012

    Norton, Massachusetts: Tiger Woods has become the first $100 million man on the PGA Tour. Woods finished third on Monday in the Deutsche Bank Championship and made $544,000, pushing his career total to $100,350,700. Next on the list is Phil Mickelson, who finished fourth at the TPC Boston and has...
  • Rory McIlroy rallies to win Deutsche Bank event September 4, 2012

    Norton: World number one Rory McIlroy clinched his fifth PGA Tour title, and second in three starts, with a oneshot victory over South Africa's Louis Oosthuizen at the Deutsche Bank Championship on Monday. McIlroy, who began the final round three shots behind Oosthuizen, fired a fourunderpar 67 for a 20under 264...
  • Oosthuizen takes control of Deutsche Bank September 3, 2012

    Norton: South African Louis Oosthuizen produced a tournament record birdie blitz to take control of the Deutsche Bank Championship during Sunday's third round, leaving the highly fancied Rory McIlroy and Tiger Woods in his wake. Oosthuizen reeled off nine birdies on his way to an eightunder 63, including a tournament record...
  • McIlroy leads with Tiger lurking at Deutsche Bank September 2, 2012

    Norton: Rory McIlroy fired a second consecutive sixunder 65 to take a oneshot lead after the second round of the Deutsche Bank Championship on Saturday but Tiger Woods was lurking just two shots back. The world number one set the pace in the morning wave with an impressive round consisting of...
  • Tiger opens with stellar 64 at the Deutsche Bank September 1, 2012

    Massachusetts: Tiger Woods produced a stunning surge in the opening round of the Deutsche Bank Championship on Friday, firing a sevenunder 64 to share the early clubhouse lead with fellow American Jeff Overton. The 14times major champion played his first eight holes in twounder par before carding six consecutive birdies to...
  • Asia's investment banks launch round of job cuts June 25, 2012

    Hong Kong: Investment banks and brokerages across Asia have launched a sweeping round of job cuts as Europe's debt crisis and China's economic slowdown bite into the region's financial activity. Speaking to bankers and other industry sources, Reuters was able to confirm at least 50 people were let go in the...
  • Deutsche Bank's Anshu Jain earns 10 mn euros March 20, 2012

    Frankfurt: Deutsche Bank's cochief executive designate Anshu Jain saw his total pay drop 18 per cent last year to almost 10 million euros, less than some of his peers and top earners in the car industry. Jain earned 9.77 million euros in 2011, when the lender missed its ambitious fullyear profit...
  • TCS bags contract from Deutsche Bank September 19, 2011

    New Delhi: Tata Consultancy Services (TCS) has been selected by Deutsche Bank as a strategic partner for their production management transformation initiative, within their capital markets business unit, the software development firm announced Monday. "To achieve this transformation, TCS will deliver a global service desk, service operations and all other...
  • Anshu Jain sees execution as his forte July 31, 2011

    Frankfurt: Deutsche Bank crowned Indiaborn investment banking chief Anshu Jain and German banker Juergen Fitschen cochief executives on Monday, ending a drawnout succession process. Jain, the 48yearold head of investment banking, will take over from Josef Ackermann in May 2012, and will rule alongside Fitschen, the 62yearold Germany chief who has...
  • Anshu Jain is the new coCEO of Deutsche Bank July 27, 2011

    Berlin: Deutsche Bank has appointed Anshu Jain as the coCEO to succeed Management Board Chairman Josef Ackermann, who leaves office in May next year. Jain, 48, the head of Deutsche Bank's highly successful investment banking division based in London, will take over the leadership of Germany's largest bank together with...
  • Hoffman wins Deutsche Bank, Tiger still No. 1 September 7, 2010

    Norton, Massachusetts: Charley Hoffman made 11 birdies to close with a 9under 62 and claim the Deutsche Bank Championship by five strokes on Monday. Hoffman ran off four straight birdies early to make up a fourshot deficit and he kept going on the TPC Boston to hold out Geoff Ogilvy, Jason...
  • Tiger makes halfway cut at Deutsche Bank Ch'ship September 5, 2010

    Norton, Massachusetts: Tiger Woods ensured he would make the halfway cut at the Deutsche Bank Championship with a sixunder 65 in Saturday's second round. After an opening 72, the world number one knew he needed a low score to maintain his involvement in the remainder of the FedExCup series. Woods responded in...
  • Fly green with a solarpowered plane November 6, 2007

    Switzerland: With the number of airline passengers worldwide expected to triple by 2030, the environmental costs of flying are also set to soar in proportion. But now, Swiss inventors are developing a solar plane. The 90million dollar enterprise, Solar Impulse, is the plane which they hope will be able to fly...
  • IIMA grads reject Rs 1 cr pay package December 29, 2006

    New Delhi: Rs 1 crore a year is not enough a pay package for young IIM grads! IIMAhmedabad student Vineeta Singh, who had landed a 'more than Rs 1 crore per year' offer from Deutsche Bank to join as an associate from next year, has turned down the offer and instead...