Diversified Capital Markets

Top bankers in Germany agreed to support the bailout of Greece by keeping credit lines open to Greek banks. Further they agreed to not cut exposure to Greek KfW bonds. This move from Germany is expected to be followed up by other European countries asking their banks to keep their exposure to the...

UBS AG’s (NYSE: UBS) Wealth Management Americas brokerage looks set to stabilize soon despite the hit on pretax profits from turnaround efforts. The ranks of financial advisers have also gone down by 22% from last year to 6,867, owing to departures as well as a recruiting slowdown. Client assets...

According to a report released by Deutsche Bank (NYSE: DB) today, their checks suggest that e-commerce was weak in April. The firm is recommending that investors sell shares of eBay (NASDAQ: EBAY). Deutsche (DB) analysts wrote that "while we anticipated that internet media may be a much more...

Lehman Brothers is gearing up to wage a legal fight against banks on loss claims. The failed bank has already presented evidence suggesting that Barclays Plc. (NYSE: BCS) made $11 billion in windfall gains in a deal for Lehman’s assets. Lehman’s CEO Bryan Marsal has indicated that the fallen bank...

Nasdaq OMX Group, Inc. (NASDAQ: NDAQ) has reported a drop in quarterly profit, resulting in a downward spiral for its shares. The shares dropped to their lowest point in a month, but later recovered some ground. UBS (NYSE: UBS) analyst Alex Kramm said, “The results show "the absence of growth for...

Cameron International Corp. (CAM) posted in-line first quarter results. Earnings per share, excluding severance-related costs and charges associated with the acquisition of NATCO Group, came in at 51 cents. However, on a year-over-year basis, Cameron’s adjusted earnings per share fell 13.6% (from...

Renato Fassbind, current Chief Financial Officer at Credit Suisse (ADR) (NYSE: CS), will step down to make way for David Mathers. Fassbind, 55, who joined the bank in 2004, helped in shaping the integrated business model of the bank and steered it through the financial crisis. Fassbind will...

Deutsche Bank (NYSE: DB) released a market update today, covering a number of different stocks. The company upgraded shares of Rockwell Automation (NYSE: ROK) from Sell to Hold. The firm has a $60 price target on the stock. Deutsche Bank analysts raised their estimates and target price on Itron (...

U.S. stocks dropped sharply on Tuesday as fears that a deepening debt crisis in Europe would stall a global economic recovery overshadowed solid earnings reports and Goldman’s testimony on the Hill.  The Dow average plunged more than 200 points as Standard & Poor’s downgraded Greece’s credit...

Analysts at SunTrust upgrade Deutsche Bank (NYSE: DB) from "hold" to "buy." DB fell 1.80% to $71.83 at 10:17 am. More Analyst Ratings here.

Analysts at Huntington Bancshares downgrade Deutsche Bank (NYSE: DB) from "buy" to "hold." DB fell 1.80% to $71.83 at 10:17 am. More Analyst Ratings here.

Deutsche Bank (NYSE: DB) has reported a 49% increase in its quarterly net profits. The increase is mainly attributed to decrease in write-downs and stronger corporate and investment banking performance. The company also presented an optimistic outlook for the next quarter. According to The Wall...

Deutsche Bank (NYSE: DB), Germany's largest bank, said its first-quarter profit surged 49% helped by the company's capital markets and trading operations along with fewer loan write-downs. Deutsche posted a profit of $2.34 billion compared with $1.58 billion a year earlier. The bank gave a full...

Art Cashin, director of floor operations at UBS Financial Services (NYSE: UBS), appeared on CNBC a short while ago and reiterated his view that the Dow and S&P 500 are nowhere near a top, though the rally may be due for a pullback in the short-term. He stated that we are, “getting new high...