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 wake up call for analysts who denied Trump would deliver on tax rhetoric—but UBS is questioning how ...
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 ...
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 ...
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 has a wake up call for analysts who denied Trump would deliver on tax rhetoric—but UBS is questioning how ...
The bank on Thursday ditched its closely watched cost target for 2025, saying it wanted to make investments in business. It ...
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