Deutsche Bank is losing some of its strongest financial performers amid a clampdown on bad behavior by traders, as the lender faces ongoing probes by global regulators into allegations of attempts to rig markets. The bank has introduced a policy of no longer rewarding the best earners on the trading floor with a promotion or the highest bonuses if they are "disruptive" or are not seen as team players, in a move that is adding ...
Stocks open at new highs Stocks pushed to new highs in early trading Thursday as the so-called "Yellen bounce" continues after yesterday's Federal Reserve meeting. The Dow Jones industrial average, the S&P 500 and the Nasdaq were all modestly higher in early trading, but they quickly returned to breakeven. The gains come after comments from Federal Reserve chair Janet Yellen gave stocks a boost Wednesday. ...