Welcome!
Deutsche Bank
Deutsche Bank wealth management unit to hire, invest more than $100 mil in digital tech
SINGAPORE (June 13): Deutsche Bank announced Tuesday that it will invest an additional 65 million euros ($100 million) in new client-focused digital technology for its wealth management business over the next 18 months.
June 13, 2017
USD/SGD forecast to reach 1.53 by March next year
SINGPAPORE (April 26): Deutsche Bank’s Asia Pacific CIO Tuan Huynh says it currently forecasts USD/SGD to rise to 1.53 in March 2018, following a decision by the Monetary Authority of Singapore (MAS) to keep its monetary policy stance unchanged.
April 26, 2017
Currencies
Showdown between Macron and Le Pen on May 7 will determine direction of USD/EUR
SINGAPORE (April 25): Now that it’s down to centre-left former socialist candidate Emmanuel Macron and far-right leader Marine Le Pen in the race for French presidency, Deutsche Bank Wealth Management is projecting a rise in core government bond yields
April 25, 2017
GIC led first quarter sovereign investor deals
LONDON (April 11): Singapore's US$344 billion ($483 billion) GIC-led the sovereign investor pack in the first three months of 2017, sealing two of the biggest investments of the quarter.
April 11, 2017
Global Economy
Deutsche Bank cuts 2016 bonus pool by almost 80%, FAS reports
BERLIN (Feb 27): Deutsche Bank AG cut its bonus pool for 2016 by almost 80%, Frankfurter Allgemeine Sonntagszeitung reported, a figure unmatched in the bank’s recent history as it tries to counteract the impact of low interest rates and legal expense
February 27, 2017
Broker's Calls
This stock is the best proxy to a recovering residential market
SINGAPORE (Feb 15): Deutsche Bank says any lack of government action from Budget 2017 on Feb 20 could provide an attractive entry point for City Developments as some of the outperformance of the stock is attributed to expectations of policy easing.
February 15, 2017
Broker's Calls
Will tech companies move the needle for office property?
SINGAPORE (Jan 24): Facebook is set to take up a lease of 250,000 sq ft at Marina One, in a nod to the similar expansion growth of the financial services and commodities sectors in the past.
January 24, 2017
Property market may see a recovery in 2017 but challenges remain
SINGAPORE (Jan 18): Deutsche Bank expects a challenging 2017 for the local property market despite forecasting a recovery.
January 18, 2017
Broker's Calls
Good end to 2016 cannot mask SGX's challenges
SINGAPORE (Jan 11): Deutsche Bank is maintaining its “hold” rating on Singapore Exchange, cutting its target price on the stock by 7% to $7.00, citing reduced medium-term growth prospects amid “an unexciting story”.
January 11, 2017
Broker's Calls
Deutsche Bank's 5 ‘must buy’ stocks for 2017
SINGAPORE (Dec 7): Deutsche Bank expects Singapore to reach a cyclical bottom in 2017, particularly the real estate and offshore & marine (O&M) sectors, on improvement in external demand and likely pro-growth policies.
December 07, 2016