- DBK.DECNBC•12 hours ago
The strategist who predicted the capital concerns now enveloping Deutsche Bank (XETRA:DBK-DE) has told CNBC what could happen next in a saga that has seen the bank's share price fall by over 50 percent this year. In late 2013, Paul Gambles, a managing partner at advisory firm MBMG International, said that Deutsche Bank was over-leveraged and believed Germany's banking system was one of the worst in the world. These fears reached the wider investment community this year who think Deutsche Bank'll need to raise capital after the U.S. Justice Department (DOJ) suggested it pay $14 billion to settle a number of investigations related to mortgage securities.
- LifestyleU.S.News & World Report•yesterday
Are you considered part of the middle class? Here are eight tests to determine if you're still middle class. If your family of three earns between $41,869 and $125,609 a year, you're in the middle class, according to a 2015 Pew Research Center analysis.
- financeEthan Wolff-Mann•3 hours ago
Well, it didn’t take long for the Wells Fargo scandal to become a partisan issue. Several representatives volleyed attacks at the Consumer Financial Protection Bureau (CFPB), including the chair of the committee, Rep. Jeb Hensarling of Texas. In his remarks, Hensarling went after the CFPB and the Office