FRANKFURT (Reuters) -Cerberus' sale this week of part of its sizeable holdings in Deutsche Bank and Commerzbank is likely the first step to a full exit from the lenders by the U.S. investor, said two ...
LONDON (Reuters Breakingviews) - Cerberus Capital Management is leaving Germany with its tail between its legs. The U.S. private equity investor late on Monday offloaded roughly two-fifths of its ...
FRANKFURT (Reuters) - Cerberus placed 15 million shares in Deutsche Bank, a term sheet from the investment bank running the sale showed on Tuesday, making it the second time within a month that the ...
FRANKFURT (Reuters) - Cerberus, one of Deutsche Bank's largest shareholders, will no longer provide paid advice to the bank on how to run its business, a person with knowledge of the matter said on ...
GMAC Financial Services' transition into a bank holding company should buy the troubled lender some time to turn itself around, but the cost is a loss of control for its owners General Motors and ...