Deutsche Bank posted its first annual profit since 2014 as volatile markets helped its investment bank boom

© RALPH ORLOWSKI/Reuters Chief executive Christopher Sewing said Deutsche Bank had ‘built firm foundations for sustainable profitability’ RALPH ORLOWSKI/Reuters Deutsche Bank posted a full-year profit for the first time since 2014 last year, its fourth-quarter earnings showed on Thursday, as Germany’s biggest lender capitalized on the trading boom of 2020. Load Error Deutsche posted a […]

How a Twitter thread about landscaping led to a six-figure investment

When the pandemic slowed down many businesses last year, Mike Botkin noticed one sector was booming. Botkin took a deep-dive into the landscaping industry and crafted a pitch to buy a local business. He shared his plan on Twitter and within 45 days landed a deal with...

UBS to Raise Investment Bank Bonus Pool as Much as 20%

(Bloomberg) — UBS Group AG is planning to increase the bonus pool for its investment bankers by as much as 20% after a surge in trading revenue helped Switzerland’s largest bank post the highest profit in five years. © Bloomberg The UBS Group AG logo above the...

Ford Doubling Investment In Electric Cars And Trucks To $22 Billion

2021 Ford Mustang Mach-E Premium Sam Abuelsamid Ford released its fourth quarter 2020 financial results Thursday after the markets closed and posted a net loss for the quarter of $2.8 billion and $1.3 billion for the full year. None of that was surprising. However,...