Politics Deutsche Bank expert: This is what the current billion-dollar deals in the US indicate.

05:05  22 september  2020
05:05  22 september  2020 Source:   finanzen.net

Mohamed Bourouissa wins prestigious $39k Deutsche Börse Photography Prize

  Mohamed Bourouissa wins prestigious $39k Deutsche Börse Photography Prize The French-Algerian artist has won for "Free Trade," an survey of work that deals with power and socioeconomic status, often set in the infamous Parisian suburbs.The French-Algerian photographer Mohamed Bourouissa has won the £30,000 ($38,673) Deutsche Börse Photography Foundation Prize. Since 1996, the prize has been annually awarded to a living artist of any nationality making a "significant contribution" to the medium in Europe, according to the foundation's website.

FRANKFURT (Reuters) - Deutsche Bank (DE:DBKGn) is working hard to prepare for a wave of mergers in the banking sector, its finance chief said on Policymakers have long said Europe's ailing banking sector needs to consolidate, but regulatory and political obstacles have hindered big deals

Deutsche Bank portrayed its loss as a resolute attempt to deal with mistakes of the past. Revenue slipped 4 percent in the last three months of 2019 compared with a year earlier, to €5.4 billion . Until Mr. Sewing, an expert in risk management, took over in 2018, Deutsche Bank was led by investment

In the US recently, some merger and takeover announcements were made. For Dr. Ulrich Stephan from Deutsche Bank can draw clear conclusions about the growth and valuations of the corporations.

DANIEL ROLAND/AFP/Getty Images © Provided by Finance.net DANIEL ROLAND / AFP / Getty Images

• NVIDIA Acquires ARM for $ 40 Billion

• Gilead Sciences Acquires Immunomedics for $ 21 Billion

• Oracle Partners with TikTok

ARM switches from Softbank on NVIDIA

The news situation in the US last week was dominated by announcements about mergers and acquisitions. The Japanese technology group Softbank announced, for example, that it would sell the British microprocessor manufacturer ARM to the chip developer NVIDIA , which is best known for graphics cards for computers, but is now also active in the fields of machine learning and artificial intelligence is. Softbank acquired ARM four years ago for about 32 billion US dollars and then took it off the stock exchange. NVIDIA now paid about $ 40 billion for the corporation . In addition to issuing NVIDIA shares worth $ 21.5 billion, Softbank received over $ 12 billion in cash. If certain earnings targets are met, the Japanese company can receive an additional five billion US dollars, either in the form of shares or cash. ARM employees are also to receive shares valued at a total of $ 1.5 billion.

Branch reduction: Deutsche Bank will close more than 100 branches

 Branch reduction: Deutsche Bank will close more than 100 branches © dpa Nationwide, the number of all branches of banks has already fallen by a third in the past ten years. The largest German financial institution wants to close every fifth branch - "as soon as possible". The Verdi union insists on the rights of employees. Deutsche Bank reacts to the corona crisis with another strong branch reduction . The money house wants to close every fifth branch in the near future.

In its report, Deutsche Bank stated that the suspicious activities were intra-company payments dispersed between several Turkish banks . Iranian-Turkish gold dealer Reza Zarrab was convicted for helping Iran dodge US sanctions. In March 2016 Zarrab was arrested again, this time in the US

It was above all Deutsche Bank that bought up the poorly secured mortgages from US home buyers, wrapped While in the midst of negotiations with US authorities, another Deutsche Bank scandal The bank 's market capitalization is currently a meager €16 billion . Only those who bought their first

remdesivir maker Gilead Sciences acquires cancer drug developer Immunomedics

In order to be better positioned in the area of ​​cancer therapies, the pharmaceutical company Gilead Sciences acquired the biotech company Immunomedics for about 21 billion US dollars . Immunomedics has made a name for itself lately with the development of the antibody drug Trodelvy, which was approved by the US FDA in April and is used to treat breast cancer. Gilead is the manufacturer of Remdesivir, an active ingredient that is used against severe cases of the coronavirus. In Europe, the drug is the only one of its kind that has been approved to date. At the end of July, the EU Commission concluded an contract with the US company to supply 30,000 people with the drug .

Paris Bourse (Euronext): exclusive discussions with the LSE to buy the Milan

 Paris Bourse (Euronext): exclusive discussions with the LSE to buy the Milan © Wikimedia Paris Bourse (Euronext): exclusive discussions with the LSE to buy the Milan Euronext (Paris, Lisbon, Amsterdam stock exchanges) ...) and CDP Equity are in exclusive negotiations with the London Stock Exchange for the acquisition of Borsa Italiana (Milan Stock Exchange), to the chagrin of Deutsche Boerse (Frankfurt Stock Exchange), which was also interested ... Euronext ( Paris stock exchanges , Lisbon, Amsterdam ...) and CDP Equity took the advantage over Deutsche Boerse (Frankfurt

What is your sentiment on Deutsche Bank AG? Deutsche Bank (DE:DBKGn) analyst Carlo Santarelli maintained a Buy rating on Caesars (NASDAQ:CZR) Entertainment on Monday, setting a price target of , which is approximately

We generally expect that people who come here are not using the forum to build a brand, generate clicks, or shill. Deutsch Bank failed in the US primarily. Thinking Deutsche Bank pulled out of the US to focus on the EU but that that EU overregulation was the cause of their issues is stupidity.

After Trump threat: Oracle and Walmart enter into partnership with TikTok

After US President Trump described the Chinese video app TikTok from ByteDance as a security risk, since the authorities of the People's Republic could thus gain access to US user data, were different US tech companies in talks to take over the service. In addition to Twitter , Microsoft was the most likely candidate , but the offer from the Windows developer was then rejected. Instead of selling the social network, there will now be an technology partnership with the company software developer Oracle and the retail chain Walmart . Exact details of the cooperation are still pending. In the event of a collaboration, Oracle could, for example, take over the storage of US user data. In mid-November, Trump will implement another decree, according to which ByteDance in the USA is no longer allowed to manage users or own property. According to Deutsche Bank analyst, takeover trend provides clarity about the market situation

Court of Auditors rebukes Bahn for consultant affair

 Court of Auditors rebukes Bahn for consultant affair © Christoph Soeder / dpa At Deutsche Bahn, the affair of consultant contracts for former managers is boiling up again. At Deutsche Bahn, the affair of consultancy contracts for former managers is boiling up again. The unlawful and improper use of such contracts has not been fully dealt with, criticized the Federal Audit Office in a report to the Bundestag. A comprehensive investigation did not take place.

Peter Hooper, Deutsche Bank Global Head of Economic Research, joins Yahoo Finance's Zack Guzman to discus why he believes a financial crisis could surprise investors ‘sooner rather than later.’

At Deutsche Bank , we ’re changing what it means to be a bank . It’s about making a positive If you have the drive to succeed in the fast-paced financial services industry, Deutsche Bank is an To do this we are investing in highly skilled, agile teams who will optimise our current systems and develop

Dr. Ulrich Stephan, chief investment strategist for private and corporate clients of

Deutsche Bank , sees this trend in mergers and partnerships as an indicator of the current situation of US corporations, as he explained on September 15th in his newsletter "Perspektiven am Morgen" . On the one hand, the aforementioned takeovers show that companies are slowly but surely reaching a point where further organic growth is no longer possible. Therefore, the companies only had to take over existing companies - or partnerships, as is the case with Oracle and TikTok. In addition, the news situation says that the companies consider the high ratings that stock market experts like Nigam Arora , Rob Arnott or Mark Cuban call a bubble to be quite realistic. Finanzen.net

The motel from 'Schitt's Creek' is a real place in Canada, and the owner is about to put it up for sale .
"Schitt's Creek" fans, take note: The real-life Rosebud Motel could soon be yours. Owner Jesse Tipping says he's planning to sell it next month.Earlier this month, the hit Canadian comedy series became the first comedy to take home nine awards in a single night at the 2020 Emmys. The show, which aired its sixth and final season on PopTV in January, follows the journey of the Johnny, Moira, David, and Alexis Rose, a once-affluent family of four who move into the rundown Rosebud Motel in the town of Schitt's Creek after losing their fortune.

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