TOKYO: Some markets were slightly more subdued as the focus shifted to central bank meetings this week in the United States and Japan.
European stocks were little changed, paring a drop, as Deutsche Bank AG fell and HSBC Holdings Plc gained. The Stoxx Europe 600 Index added less than 0.1 percent to 408.69 at 11:31 a.m.
Deutsche Bank AG's plan to cut costs by selling Postbank and shrinking the securities business is leaving investors cold as the overhaul pushes back targets that management has failed to deliver.
Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More...)The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for ...
Paul Hermelin, chief executive officer at Cap Gemini, discusses the company's $4 billion purchase of Igate Corp., expanding their business in the United States.