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July 31, 2006

Deutsche Bank May Post Highest Second-Quarter Profit Since 2000

July 31 (Bloomberg) — Deutsche Bank AG, Germany’s biggest bank and Europe’s largest securities firm, may report its highest second-quarter profit since 2000, helped by rising revenue from trading.
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Pressure mounts on WestLB to merge after reporting big trading losses

The troubled German state-run bank lost more than $820 million on speculative trades in the first half of 2007.

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Jacksonville hedge funds steer a steady course

JACKSONVILLE -- Though typically associated with the wild stock-market fluctuations of the dot-com boom and bust, hedge funds based in Jacksonville barely resemble their turn-of-the-century tech-stock trading brethren. More...

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