Oil fund manager Andurand sees crude prices below $30 – FT

[Buzz_Burner_Fresh_Updates] Oil fund manager Andurand sees crude prices below $30 – FT – reuters.com Sept 1 (Reuters) – Hedge fund manager Pierre Andurand believes crude prices will head lower again, possibly dropping below $30 per barrel, the Financial Times reported on Tuesday. Continue Reading On reuters.com »  

Stripe partners with Visa, gets funded at $5B valuation

[Buzz_Burner_Fresh_Updates] Stripe partners with Visa, gets funded at $5B valuation – vator.tv The deal will help Stripe expand internationally, and let it compete with Square and PayPalThere’s been a ton of movement in the payments space lately. With Square apparently already having possibly filed to go public, Apple Pay on the rise, and PayPal having split […]

French finmin says the ball is now in the Greek court + MORE

[Buzz_Burner_Fresh_Updates] Mubadala GE joint venture says looks at options for future structure – reuters.com ABU DHABI/DUBAI, June 4 (Reuters) – Mubadala GE Capital, a joint venture between the Abu Dhabi state-owned fund and General Electric’s finance business, is evaluating options for the future structure of the company, a spokesman said on Thursday. Continue Reading On […]

Deutsche Bank settles with US SEC over financial crisis case

[Buzz_Burner_Fresh_Updates] Deutsche Bank settles with US SEC over financial crisis case – reuters.com WASHINGTON, May 26 (Reuters) – Deutsche Bank AG will pay $55 million to settle civil charges by U.S. regulators alleging the bank filed misstated financial reports during the financial crisis concerning material risks it faced for possibly losing billions of dollars. Continue […]

Ratings agency Fitch to downgrade many European banks-newspaper

[Buzz_Burner_Fresh_Updates] Ratings agency Fitch to downgrade many European banks-newspaper – reuters.com BERLIN, May 17 (Reuters) – Ratings agency Fitch will soon downgrade European banks en masse, possibly even at the start of the week, German newspaper Handelsblatt said, citing unnamed financial sources. Continue Reading On reuters.com »  

Deutsche Bank says to review strategy, no comment on Postbank sale report

[Buzz_Burner_Fresh_Updates] Deutsche Bank says to review strategy, no comment on Postbank sale report – reuters.com FRANKFURT (Reuters) – Deutsche Bank AG said it would review its strategy in 2015 after a business magazine said it was considering major changes, possibly including the sale of its Postbank-branded retail unit and a revision of its profit targets. […]