Deutsche Bank announces 1.2bn euro pre-tax loss in 4Q of 2013

Deutsche Bank announces 1.2bn euro pre-tax loss in 4Q of 2013 (via AFP)

Deutsche Bank, Germany’s biggest bank, announced late Sunday a pre-tax loss of 1.2 billion euros ($1.62 billion) in the fourth quarter of 2013 because of litigation costs and weakening revenues. In a statement issued more than a week earlier than markets…

Vanguard’s move into PE may change the landscape forever

Private equity has been growing in popularity in recent years as more and more big-name funds and institutional investors dive in. Now even indexing giant Vanguard is out to take a piece of the PE pie. During a panel at the Morningstar Investment Conference this year, Fran Kinniry of Vanguard, John Rekenthaler of Morningstar and Read More