Bloomberg News

Deutsche Bank, Credit Suisse: Europe Equity Preview

March 02, 2012

Shares of the following companies may have unusual moves in European (SXXP) trading. Stock symbols are in parentheses.

The Stoxx Europe 600 Index (SXXP) rose 0.1 percent to 267.21. The Stoxx 50 Index (SX5P) lost less than 0.1 percent to 2,503.47. The Euro Stoxx 50 Index (SX5E), a benchmark measure for nations using the euro, fell 0.1 percent to 2,546.16.

Deutsche Bank AG (DBK) (DBK GY): Germany’s largest lender was hired with Credit Suisse Group AG (CSGN) and Citigroup Inc. by Facebook Inc. to work on its $5 billion initial public offering, a person with direct knowledge of the situation said. Morgan Stanley, JPMorgan Chase & Co., Goldman Sachs Group Inc., Bank of America Corp., Barclays Plc and Allen & Co. were the previously hired on the IPO.

To contact the reporter on this story: Katia Porzecanski in New York at kporzecansk1@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at arummer@bloomberg.net.


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