In a revelation presented on Wednesday at the civil fraud trial of former President Donald Trump, Deutsche Bank is reported to have viewed the former president as a highly valuable client, referred to as a “whale,” and aggressively sought to cultivate a relationship with him. The documents indicate that the bank’s revenue from its dealings …
When Deutsche Bank granted loans to Donald Trump’s company for hundreds of millions of dollars, the bank always adhered to its own strict guidelines, including verifying the information provided by potential borrowers, an executive testified Tuesday at the former president’s civil fraud trial. The loans, which were for projects in Florida, Chicago, and Washington, D.C., …
The stock market is projecting new heights for 2024. Strategists from BMO Capital Markets and Deutsche Bank have high expectations for the S&P 500 (^GSPC), predicting the index will reach 5,100 by the end of next year. This stands as the highest projection yet among Wall Street strategists followed by Yahoo Finance. If this prediction …
US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023.Liu Jie/Xinhua via Getty Images Recent inflation data has convinced markets of a dovish pivot by the Federal Reserve. But the market wrongly priced in a looser stance at least six times in the last few years, Deutsche Bank …
What on Earth is a Margin Call? Understanding Margin Trading In the world of investing, one strategy that many people use is margin trading. This allows investors to use borrowed money to invest in securities, such as stocks. Hedge funds, crypto traders, and retail traders often engage in margin trading. The concept is simple: if …