After studying 334 currency pegs since the year 1800, Deutsche Bank Research analysts found that only 14% have survived. Applying what they learned to the world of stablecoins, they say most of these pegged digital currencies are doomed to become unmoored.
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Deutsche Bank first-quarter profit jumps 10% as investment bank outperformsExplore stories from Atlantic Canada.
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BofA Hires Goldman Sachs, Deutsche Bank Traders in Europe PushBank of America Corp. hired Goldman Sachs Group Inc.’s head of European loan trading and Deutsche Bank AG’s head of sterling investment grade corporates as part of a push to grow in Europe.
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Deutsche Bank Unveils Wealth Targets After Hiring Push in AsiaDeutsche Bank AG plans to double the assets it manages for rich families in Southeast Asia and the Middle East over the next five years, tapping growing ties between ultra-rich clans in both regions, the lender’s global private banking head said.
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Deutsche Bank Hires Goldman’s Bomar for Asset Management DealsDeutsche Bank AG has hired Goldman Sachs Group Inc.’s Derek Bomar as a managing director to lead its coverage of asset managers in the Americas, according to a memo to staff seen by Bloomberg News.
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Deutsche Bank May Settle Postbank Case to Cut Hit, Analyst SaysDeutsche Bank AG may end up agreeing to settle its latest legal issue out of court in a bid to reduce the impact on profitability, according to Mediobanca.
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