News Centre

Deutsche Bank Reports Preliminary Full Year And Fourth Quarter 2013 Results – 4Q Group Loss Before Income Taxes Of EUR 1.2 Billion

Date 19/01/2014

Full year 2013 results

• Group income before income taxes (IBIT) of EUR 2.1 billion, up 154% from 2012
• IBIT for Core Bank, which excludes the Non-Core Operations Unit, of EUR 5.3 billion, up 41% 
• Group net revenues of EUR 31.9 billion fell 5% and Core Bank net revenues of EUR 31.0 billion were 5% lower, both largely reflecting revenue declines in CB&S
• Group noninterest expenses of EUR 27.8 billion 
• Adjusted cost base of EUR 23.2 billion for Group, and EUR 21.3 billion for Core Bank were down 6% and 7% respectively
• Operational Excellence program achieved cumulative savings of EUR 2.1 billion, cost-to-achieve (CtA) was EUR 1.3 billion in the year
• Litigation expenses of EUR 2.5 billion in 2013 as the bank put many major legacy issues behind it. Litigation reserves were EUR 2.3 billion at year end
• Total assets (adjusted) at year end fell 11% to EUR 1.1 trillion for Group, and Core Bank adjusted assets fell 8% to EUR 1.0 trillion
• CRD 4 leverage exposure of EUR 1.5 trillion was 14% lower and risk-weighted assets of EUR 355 billion were 11% lower than at end 2012
• CRD 4 Common Equity Tier 1 capital ratio was 9.7% (fully loaded)
• CRD 4 leverage ratio was 3.1% (adjusted fully-loaded)
• Post-tax return on average active equity in 2013 was 2% for the Group and 7% for the Core Bank

The Egyptian Exchange (EGX) Monthly Statistical Report December 2013

Date 19/01/2014

Total number of listed companies on the main market amounted to 212 at the end of December 2013. Meanwhile, the number of listed companies on Nilex reached 24 at the end of the month.

Dubai Financial Market Inaugurates The 5th Educational Trading Floor At The American University In Dubai - The Two Sides Sign (MoU) Outlining Areas Of Cooperation And Ways To Develop Programs That Enhances Students’ Knowledge Of Financial Markets

Date 19/01/2014

Dubai Financial Market (DFM) today inaugurated its Educational Trading Floor at the American University in Dubai (AUD). The 5^th floor reaffirms the exchange’s pioneering position amongst regional financial markets in educational initiatives as part of its firm commitment to social responsibility. 

FIF Capacity Statistics For December 2013: Three New Record Peaks: UTP UTDF, SIAC CTS, And UTP UQDF

Date 18/01/2014

This month’s bulletin from the Financial Information Forum (FIF) finds that SIAC OPRA was up 4% to 6,723,446 mps over the 1 second interval

CFTC Reopens Comment Period For Concept Release On Risk Controls And System Safeguards For Automated Trading Environments

Date 17/01/2014

The U.S. Commodity Futures Trading Commission (Commission) announced today that it will reopen the comment period for its Concept Release on Risk Controls and System Safeguards for Automated Trading Environments (Concept Release).

CFTC Approves Application Of BSDR LLC For Provisional Registration As A Swap Data Repository

Date 17/01/2014

The U.S. Commodity Futures Trading Commission (CFTC or Commission) today approved the application of BSDR LLC (BSDR) for provisional registration as a swap data repository (SDR) pursuant to section 21 of the Commodity Exchange Act and section 49.3(b) of the Commission’s regulations.

BATS 1000 Index Slips 0.3% This Week

Date 17/01/2014

BATS Global Markets, a leading operator of securities markets in the U.S. and Europe, reports the BATS 1000® Index (Ticker: BATSK) fell 65.03 points this week to close at 20,690.51 as of the 4 p.m. ET market close today.  

CFTC Staff Issues Exemptive And Interpretative Letters To Nadex And Commission Amends Nadex Derivatives Clearing Organization Registration Order

Date 17/01/2014

In response to a request from the North American Derivatives Exchange, Inc. (Nadex), a registered derivatives clearing organization (DCO), the U.S. Commodity Futures Trading Commission’s (Commission) Division of Clearing and Risk (DCR), acting under delegated authority from the Commission, issued an exemptive letter that grants Nadex relief from certain provisions of the Commission’s regulations applicable to DCOs. DCR also issued an interpretative letter that addresses the applicability of certain regulatory provisions to Nadex.

CFTC Announces Start Of Regularly Scheduled Staff Calls On OCR Implementation

Date 17/01/2014

The U.S. Commodity Futures Trading Commission (Commission) announced today that Commission staff will begin hosting telephone conference calls with reporting parties regarding technical implementation of the new ownership and control rules and related forms published in the Federal Register on November 18, 2013 (the OCR Final Rule). The OCR Final Rule is designed to enhance the Commission’s identification of futures and swap market participants.

Canadian Securities Administrators Seek Comment On Derivatives Model Rule For Customer Clearing And Protection Of Customer Collateral And Positions

Date 17/01/2014

The Canadian Securities Administrators (CSA) yesterday published for comment CSA Staff Notice 91-304Model Provincial Rule Derivatives: Customer Clearing and Protection of Customer Collateral and Positions, (Model Rule). The Model Rule is intended to increase the protection of customer collateral and positions, and to increase the resilience of derivatives clearing agencies.