Latest News on private equities market

Deutsche Bank aims to break even or turn a profit in 2020 but there is "significant uncertainty in that forecast", the bank's finance chief said on Monday.

Global shares were in a muted mood on Monday after strong U.S. job gains tempered expectations the Federal Reserve will deliver a large rate cut, but Deutsche Bank gained nearly 4% as it launched a major restructuring.

Deutsche Bank laid off staff in Asia on Monday as it began cutting 18,000 jobs as part of a 7.4 billion euro ($8.3 billion) "reinvention" set to tip Germany's largest lender into yet another annual loss.

Deutsche Bank's capital-boosting Additional Tier I (AT1) debt issues fell on Monday on worries over future challenges Germany's biggest lender may face in a planned overhaul.

Waymo is rolling out amenities to entice riders to use its self-driving taxis, creating a potential route to profitability in a money-losing industry.

Huawei aims to spend 3 billion zlotys ($793 million) in Poland in the next five years, although whether the Chinese firm has a role in the 5G rollout may affect the scale of investment, an official at the group's Polish unit said.

Federal prosecutors in New York on Monday are expected to announce charges against financier Jeffrey Epstein related to sex trafficking of underage girls, a source familiar with the matter said, more than a decade after he avoided similar charges in Florida in a plea deal.

Citi downgraded Verizon to neutral from buy and maintained its $62 price target.

Deutsche Bank laid off staff from Sydney to London on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) "reinvention" which Germany's largest lender said would mean yet another annual loss, knocking its shares.

Here are the biggest calls on Wall Street on Monday

Whole teams at Deutsche Bank were told on Monday their jobs had been axed as it began 18,000 job cuts globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis.

Japan has tightened curbs on exports of high-tech materials used in smartphone displays and chips to South Korea, upping the ante in a decades-old dispute with Seoul over South Koreans forced to work for Japanese firms during World War Two.

Thyssenkrupp on Monday said it was sticking to plans to float its elevator business after a media report said the conglomerate was planning to start talks in autumn on selling the unit.

Oil prices steadied on Monday as tensions over Iran's nuclear program were tempered by global economic growth concerns and consequently oil demand.

American financier Jeffrey Epstein was charged with sex trafficking on Monday, as prosecutors accused him of luring dozens of girls as young as 14 to his homes in New York and Florida and paying them for sex acts.