DB Capital, Deutsche Bank's direct private equity investment arm, has a very slim chance of completing a buy-out, with the bank preferring a piecemeal disposal of the €3.5bn ($3.4bn) portfolio, according to sources close to the bank.

A management buy-out led by Graham Clempson and Ted Virtue, DB Capital's leaders, has been mooted but sources close to the bank say it is less likely than the alternatives of disposal or winding the portfolio down.

Deutsche set to scupper DB Capital buyout

William Hutchings

Deutsche Bank

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

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The London-based bank said it is well on its way to achieving the target of returning at least $8 billion to shareholders over the three years ending in 2026.

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Britain’s Lottie Woad became one of the top players in the world by demolishing professionals while she was still an amateur. Now, she’s ready to start winning majors.

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The retail trading platform posted a profit of $386 million for the quarter.

Robinhood Second-Quarter Revenue Rose on Transaction Sales Growth

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WeWork Wants You to Know It’s a Grown-Up Real-Estate Firm Now

Companies have long leaned on entry-level workers to do grunt work that doubles as on-the-job training. Now ChatGPT and other bots can do many of those chores.

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The pact imposes a baseline tariff of 15% on the U.S.’s biggest trading partner.

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CEOs Are Shrinking Their Workforces—and They Couldn’t Be Prouder

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The lender forecast total income excluding notable items to exceed $21.61 billion as loan growth and structural hedges continue to mitigate the impact of interest-rate cuts.

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The president turned a rare visit to the U.S. central bank into political theater that included hard hats and a back slap.

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Company points out early progress on robotaxis and bots, as revenue from electric vehicles plummets.

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The leaders of America’s chip giants cheered the president’s artificial intelligence orders, which could help boost the domestic semiconductor industry.

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The Davos founder rejected preliminary findings of misconduct, including improper travel expenses and gifts.

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CME Earnings Surge on Volatility, Increased Trading

The Italian bank lifted earnings and shareholder-distributions guidance after reporting better-than-expected profit, looking to turn the page on its aborted takeover bid for its smaller peer.

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The Wall Street firm is being investigated over whether it properly vetted its clients for money-laundering risks.

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U.S. stock futures pointed to a flat open after a mixed session on Wall Street Monday, while international equity markets were also mixed so far Tuesday as earnings season sweeps into full gear.

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The biopharmaceutical company said the investment includes plans for a new manufacturing center focused on chronic diseases.

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