Tag: Deutsche Bank

April 25, 2024

Deutsche Bank on Thursday reported a 10% rise in first-quarter profit, beating expectations amid an ongoing recovery in its investment banking unit. Net profit attributable to shareholders was 1.275 billion euros ($1.365 billion) for the period, ahead of an aggregate […]

March 24, 2023

Shares in Deutsche Bank fell sharply Friday, dragging down major European banks and leading German Chancellor Olaf Scholz to express confidence in the solidity of the country’s largest lender as fears about the global financial system sent fresh shudders through […]

December 22, 2020

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. […]

September 21, 2020

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 […]

January 30, 2020

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 […]

December 27, 2019

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 […]

September 4, 2019

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 […]

July 25, 2019

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 […]

July 8, 2019

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 […]

May 20, 2019

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 […]

April 4, 2019

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 […]

March 28, 2019

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 […]

January 23, 2019

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, […]

November 20, 2018

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 […]

September 30, 2016

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%, […]

September 19, 2016

“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 […]