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Former Monte Paschi executives acquitted over derivatives case

UPDATE 3-Former Monte Paschi executives acquitted over derivatives case Acquittal reduces legal risks for bank, boosting outlook Overturns earlier conviction for former CEO, chairman Provisions against damage claims can be released Adds former CEO comment in paragraphs 15-16, union comment in paragraph 17 By Emilio Parodi MILAN, Dec 11 (Reuters) - An Italian appeals court on Monday acquitted three former top executives of Banca Monte dei Paschi di Siena BMPS.MI in one strand of a long-running de
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Deutsche Bank: Completes EUR 450 Mln Share Buyback Program

BRIEF-Deutsche Bank: Completes EUR 450 Mln Share Buyback Program Dec 11 (Reuters) - DEUTSCHE BANK AG DBKGn.DE : COMPLETES EUR 450 MILLION SHARE BUYBACK PROGRAM BETWEEN AUGUST 2 AND DECEMBER 8, 2023, 45.5 MILLION SHARES, OR 2.23% OF BANK'S SHARE CAPITAL, WERE REPURCHASED AT A VOLUME WEIGHTED AVERAGE PRICE OF EUR 9.88 PER SHARE. TOGETHER WITH DIVIDEN
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Oppenheimer AM forecasts S&P 500 at 5,200 by 2024 year end

LIVE MARKETS-Oppenheimer AM forecasts S&P 500 at 5,200 by 2024 year end STOXX 600 little changed Eyes on Fed, ECB, BoE policy announcements Wall St futures lower Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com OPPENHEIMER AM FORECASTS S&P 500 AT 5,200 BY 2024 YEAR END (1207 GMT) Oppenheimer Asset Management set their 2024 year-end target for the S&P 500 index .SPX at 5,200 points
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Take Five: Grinch or Santa - which Fed will it be?

GRAPHIC-Take Five: Grinch or Santa - which Fed will it be? Updates China entry with data released on Saturday Dec 11 (Reuters) - The last big central bank push of the year is here with the Fed, the ECB and the Bank of England among the big hitters meeting while markets try to discern whether a U.S. recession is likely or a distant prospect. China's policymakers will set direction for next year while Bitcoin enjoys a stellar rally.
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Deutsche Bank gets upgrade from S&P

Deutsche Bank gets upgrade from S&P FRANKFURT, Dec 8 (Reuters) - Germany's Deutsche Bank DBKGn.DE got a rating upgrade from S&P, the lender said on Friday, the latest in a string of similar moves. Credit ratings are critical for any company but especially for a bank such as Deutsche, a big issuer of debt securities. Higher ratings can result in lower funding costs, helping profitability.
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