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Matt Scuffham

Exclusive: Goldman Sachs plans shift from revenue goal at first investor day

11:07am GMT

NEW YORK More than two years ago, Goldman Sachs Group Inc told investors it would find $5 billion in fresh annual revenue by 2020. Now, the bank may move away from that goal to focus on a wider range of metrics.

Exclusive: Wall Street banks see green light from Fed on reserves - sources

17 Oct 2019

NEW YORK/WASHINGTON Wall Street banks believe they are getting a green light from supervisors to hold more Treasury debt and less cash after last month's volatility in overnight lending markets, three industry sources told Reuters.

EXCLUSIVE-Wall Street banks see green light from Fed on reserves -sources

17 Oct 2019

NEW YORK/WASHINGTON, Oct 17 Wall Street banks believe they are getting a green light from supervisors to hold more Treasury debt and less cash after last month's volatility in overnight lending markets, three industry sources told Reuters.

Deutsche Bank tells U.S. court it does not have Trump's tax returns

10 Oct 2019

NEW YORK Deutsche Bank says it does not have copies of U.S. President Donald Trump's tax returns, a U.S. appeals court said on Thursday, closing one possible avenue for the Democratic-led U.S. House of Representatives to obtain the returns.

Exclusive: Deutsche Bank has discussed adding assets to bad bank if sales go well - sources

19 Sep 2019

NEW YORK Some senior Deutsche Bank AG officials have discussed the possibility of putting additional problematic assets worth billions of euros into a unit it created earlier this year, if the bank is able to sell assets already held within that "bad bank," according to three bank sources.

Exclusive: U.S. congressional probe finds possible lapses in Deutsche Bank controls - sources

06 Sep 2019

LONDON/NEW YORK U.S. congressional investigators have identified possible failures in Deutsche Bank AG's money laundering controls in its dealings with Russian oligarchs, after the lender handed over a trove of transaction records, emails and other documents, three people familiar with the matter said. | Video

BNP Paribas plans bid for Deutsche Bank's equity derivatives

29 Aug 2019

NEW YORK French lender BNP Paribas plans to bid for Deutsche Bank's equity derivatives book and is hopeful it can beat off rival bidders to secure a deal in the next few weeks, according to sources familiar with the matter.

Exclusive: Deutsche Bank sets aside $1.1 billion to exit derivatives

02 Aug 2019

NEW YORK Deutsche Bank has set aside over 1 billion euros (£915.72 million or $1.1 billion) to cover the cost of offloading derivatives in its 'bad bank,' or capital release unit, three sources at the bank told Reuters.

EXCLUSIVE-Deutsche Bank faces $1.1 billion bill to exit derivatives

02 Aug 2019

NEW YORK, Aug 2 Deutsche Bank has set aside over 1 billion euros ($1.1 billion) to cover the cost of offloading derivatives in its 'bad bank,' or capital release unit, three sources at the bank told Reuters.

Thomson Reuters raises outlook, grows fastest since financial crisis

01 Aug 2019

LONDON/NEW YORK Thomson Reuters Corp raised its sales and earnings outlook for 2019 and 2020 on Thursday after reporting 4% organic revenue growth in the second quarter, which it said was its best since 2008.

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