Banking News

Deutsche Bank Cuts Prime Rate to 6.75%, Echoes US Fed Easing and Margin Risks

Leave a Comment / Banking News, Deutsche Bank, Interest Rates, Lending & Loans, Monetary Policy / By

<div class="section-block section-executivesummary”> Gist Deutsche Bank New York and Deutsche Bank Trust Company Americas cut their prime lending rate from 7.00% to 6.75%, effective December 11, 2025. This follows sequential 25-basis-point cuts from 7.50% to 7.25% in mid-September and to 7.00% on October 30, 2025, mirroring broader US rate easing. The lower prime rate should …

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JPMorgan Ramps Up in Business Services IB With $500M Revenue Target & Key Hires

Leave a Comment / Banking News, Business Services, Investment Banking, Mergers & Acquisitions, Private Equity / By

Gist JPMorgan Chase is rapidly building out its Business Services Investment Banking (IB) division by hiring three senior bankers from Deutsche Bank and Goldman Sachs and targeting $500 million in revenue over the next 3–5 years. [1] The hires—Erik Carneal, David Sweet, Ye Xia—bring sector-specific strength in commercial, industrial, residential, and professional services, with each …

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