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Tag: Deutsche Bank


Financial Services, Industries

Square and PayPal Price Targets Up on Faster E-Payment Adoption

December 22, 2020

Via: TheStreet

Price targets on Square (SQ) – Get Report and PayPal (PYPL) – Get Report were raised at Deutsche Bank as the investment firm’s analyst expects faster adoption of e-commerce and mobile-payment services due to the coronavirus pandemic and other factors. […]


Financial Services, Industries

Deutsche Bank, JPMorgan lead drop in financial shares amid report the banks moved suspicious funds

September 21, 2020

Via: CNBC

Financial stocks came under pressure on Monday amid a report that a number of global banks moved allegedly illicit funds over the past two decades despite warnings from U.S. officials. Shares of Deutsche Bank dropped nearly 8%, while JPMorgan fell […]


Finance Tech, Trading

European stocks fall with earnings news overshadowed by coronavirus worries

January 30, 2020

Via: Market Watch

European stocks were tracking heavy losses in Asian markets on Thursday, as the coronavirus death toll and number of infected climbed and concerns grew over how the fallout could dent the Chinese economy. Virus worries overshadowed a scattering of positive […]


Financial Services, Industries

2019: A Bad Year for the Banker as Job Cuts Continue to Soar

December 27, 2019

Via: Fortune

Banks around the world are unveiling the biggest round of job cuts in four years as they slash costs to weather a slowing economy and adapt to digital technology. This year, more than 50 lenders have announced plans to cut […]


Finance Tech, Liquidity

Wall Street has no idea how stocks will end 2019 with forecasts ranging from down 5% to up 11%

September 4, 2019

Via: CNBC

Leading stock forecasters differ greatly on where the S&P 500 will go in the final four months of the year compared to this same time last year, based on CNBC analysis. The wide range of forecasts reflects the current tumultuous […]


Financial Services, Industries

Barclays nabs $20 billion in hedge fund business from beleaguered Deutsche Bank

July 25, 2019

Via: CNBC

Barclays is proving to be one of the early winners from the woes of German rival Deutsche Bank. The British bank, run by ex-J.P. Morgan executive Jes Staley, has persuaded hedge fund clients with $20 billion in balances at Deutsche […]


Financial Services, Industries

Deutsche Bank shares turn negative as lender gets ready for major overhaul

July 8, 2019

Via: CNBC

Deutsche Bank shares turned negative after initially jumping nearly 4% in early morning trade on Monday as the German lender announced a mass restructuring program over the weekend. In one of its boldest overhaul, the bank will see 18,000 jobs […]


Financial Services, Industries

Deutsche Bank shares hit record low as UBS downgrades stock to ‘sell’

May 20, 2019

Via: CNBC

Shares of Deutsche Bank hit a record low Monday, down nearly 3%, after UBS downgraded the German lender’s stock to a “sell” rating from “neutral.” Pointing to tough external events and the low interest rate environment, UBS slashed its price […]


Financial Services, Industries

Commerzbank shares rise on report UniCredit plans to make a rival bid if Deutsche talks fail

April 4, 2019

Via: CNBC

Commerzbank shares rose following a report that UniCredit stands ready to make a rival bid for the bank if merger talks with fellow German lender Deutsche Bank fail. The Financial Times, citing people familiar with the matter, reported Thursday that […]


Financial Services, Industries

Deutsche Bank shares slide 4 percent on report of capital raising for merger with Commerzbank

March 28, 2019

Via: CNBC

Shares of Deutsche Bank and Commerzbank slipped after a report in the Financial Times stated that the former is in talks to raise as much as 10 billion euros ($11.2 billion) in fresh equity to support their potential merger. The […]


News

The Fed is probing Deutsche Bank over billions in suspicious transactions in another twist in the Danske Bank money laundering scandal

January 23, 2019

Via: Business Insider

The US Federal Reserve is investigating how Deutsche Bank handled billions suspicious payments from Danske Bank, as regulators try to unravel who was involved in one of the largest financial scandals in history. Bloomberg, citing people familiar with the matter, […]


Finance Tech, Trading

Deutsche Bank shares hit a record low as it gets drawn into the Danske scandal

November 20, 2018

Via: CNBC

Shares of Deutsche Bank hit fresh record lows Tuesday after the bank confirmed to Reuters it was involved in processing payments worth $150 billion for scandal-ridden Danske Bank. A Deutsche Bank spokesperson confirmed in a statement to Reuters Monday that […]


Financial Services, Industries

Deutsche Bank shares plummet on fears about its health

September 30, 2016

Via: CNN

Deutsche Bank’s investors are hitting the panic button… again. The stock dropped about 5% on Friday after reports that 10 hedge fund clients are reducing their dealings with Germany’s biggest bank. Earlier in the day losses reached more than 8%, […]


News

America’s Department of Justice asks Deutsche Bank for $14 billion

September 19, 2016

Via: The Economist

“DEUTSCHE BANK has no intent to settle these potential civil claims anywhere near the number cited.” Shock may explain the rickety syntax. On September 16th Germany’s largest bank confirmed reports that America’s Department of Justice had asked for $14 billion […]