Deutsche Bank may exit some businesses, CEO says after profit miss
The CEO of Deutsche Bank on Thursday said Germany's largest lender could exit some businesses after fourth quarter and full-year profit fell more than expected, with investment banking revenue gains eroded by legal provisions and restructuring costs.
Deutsche Bank chief says ‘nothing is off limits’ as profits plunge
Deutsche Bank said profits plunged 92 per cent last quarter and warned investors of higher than expected costs for this year, as the German bank’s boss pledged to consider ditching weaker businesses to improve performance. Chief executive Christian Sewing said on Thursday that the bank would unveil a new medium-term strategy this year.
Deutsche Bank has a brutal wake up call for the analysts who didn't think President Trump was going to deliver on his tariff ...
Net income: €2.79b (down 35% from FY 2023). Profit margin: 9.9% (down from 16% in FY 2023). The decrease in margin was driven ...
The Trump administration’s plan to place tariffs on goods from America’s two biggest trade partners, Mexico and Canada, and ...
Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their ...
Kaushik Das, Managing Director and Chief Economist - India, Malaysia, and South Asia at Deutsche Bank and B Prasanna, Head of Global Markets Group at ICICI Bank discussed key expectations from the ...
Deutsche Bank initiated coverage of Payoneer Global (PAYO) with a Buy rating and $13 price target The firm says Payoneer offers a ...
Deutsche Bank is Europe’s second-largest bank by assets. Measured by 2024 fees it’s the number-nine investment bank globally. Here are its first two memes in the slide deck it has sent to clients ...
Deutsche Bank on Thursday posted a bigger-than-expected drop in fourth quarter and 2024 full-year profit as legal provisions ...
Morgan Stanley analyst Giulia Miotto maintained a Buy rating on Deutsche Bank AG (DB – Research Report) today and set a price target of €22.00.
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