Keyword: Deutsche bank

  • DB management can't be blamed for police raids - CFO
    DB management can't be blamed for police raids - CFO
    12/6

    Deutsche Bank chief financial officer James von Moltke said on Thursday that the police raids of the company's offices in Frankfurt cannot be blamed on the management, CNBC reported. Additionally, the executive rejected dismissed rep...

  • Deutsche Bank CEO dismisses merger possibility
    Deutsche Bank CEO dismisses merger possibility
    12/2

    Deutsche Bank CEO Christian Sewing (pictured) told Bild am Sonntag that the bank is not considering a potential merger with UBS or Commerzbank.

    "I don't have any indication of that," Sewing stated. "We are on t...

  • Offices of Deutsche Bank execs searched – reports
    Offices of Deutsche Bank execs searched – reports
    11/30

    The German media floated unconfirmed information, obtained from insiders on Friday, that the raid started yesterday amid an investigation into alleged money laundering included offices of chief executive Christian Sewing and head of supe...

  • Deutsche Bank falls to historic low amid probe
    Deutsche Bank falls to historic low amid probe
    11/30

    European stocks extended losses on Friday and Deutsche Bank dropped to the weakest level ever, as prosecutors continued to go through its documents. German federal police raided the struggling lender yesterday in search for evidence as p...

  • Raid in Deutsche Bank continues for second day
    Raid in Deutsche Bank continues for second day
    11/30

    Prosecutors were going through documents in the premises of Germany's biggest lender on Friday after revealing they are investigating activities of two unnamed employees, apparently aged 46 and 50, but also the executives. Deutsche B...

  • Deutsche Bank raided in money laundering probe
    Deutsche Bank raided in money laundering probe
    11/29

    Shares of Deutsche Bank AG tested an all-time low in early trade on Thursday and weighed on the benchmark DAX index following the entry of German federal police officers into its headquarters in Frankfurt and other facilities. Prosecutor...

  • Banks to move €800B worth of assets to Frankfurt after Brexit
    Banks to move €800B worth of assets to Frankfurt after Brexit
    11/29

    Thirty banks with operations based in London plan to relocate up to €800bn in assets to Frankfurt in early 2019 as part of the preparations for the United Kingdom's withdrawal from the European Union, a financial marketing group...

  • Deutsche Bank mulls high-level execs shake-up - report
    Deutsche Bank mulls high-level execs shake-up - report
    11/27

    Deutsche Bank AG is considering a shake-up among its senior executives over the bank's troubled relationship with regulators, the Wall Street Journal reported on Tuesday citin...

  • Deutsche Bank estimates $150B of suspicious Danske assets - report
    Deutsche Bank estimates $150B of suspicious Danske assets - report
    11/20

    An internal review conducted by the Deutsche Bank estimated that the bank handled $150 billion of possibly suspicious flows connected to Danske Bank A/S, Dow Jones reported on Tuesday, citing an unnamed person familiar with the mater.

  • Deutsche Bank chief urges for banking union in EU
    Deutsche Bank chief urges for banking union in EU
    11/16

    The Chief Executive Officer of Deutsche Bank AG, Christian Sewing, said on Friday that the European economy has been lagging compared to the United States due to its "fragmented" market and regulatory framework.

    He went...

  • Asoka Woehrmann takes over as DWS head
    Asoka Woehrmann takes over as DWS head
    10/25

    Deutsche Bank AG dismissed on Thursday Nicolas Moreau as chief executive of its asset management subsidiary, listed in Frankfurt seven months ago. Asoka Woehrmann will lead DWS Group Gmbh und Co. KGaA, formerly Deutsche Asset Management ...

  • Deutsche Bank reports 9% lower revenue in Q3
    Deutsche Bank reports 9% lower revenue in Q3
    10/24

    Deutsche Bank AG said on Wednesday that its revenues in the third quarter of 2018 stood at €6.2 billion, 9% lower year over year. At the same time, Germany's biggest lender had an annual fall in profits before tax from €933...

  • Three banks to be hired in SoftBank unit IPO – report
    Three banks to be hired in SoftBank unit IPO – report
    10/12

    Goldman Sachs Group Inc, Nomura Holdings Inc. and Deutsche Bank AG will be named as underwriters by SoftBank Group Inc. in the process of listing the Japanese company's mobile telecommunications division, the Financial Times reported...

  • Deutsche Bank to move majority of London assets to Frankfurt
    Deutsche Bank to move majority of London assets to Frankfurt
    9/17

    Deutsche Bank AG is planning to shift up to 75% of its London assets to Frankfurt amid the growing uncertainties surrounding United Kingdom's departure from the European Union, the Financial Times reported. The European Central Bank ...

  • Deutsche Bank confirms removal from Euro Stoxx 50
    Deutsche Bank confirms removal from Euro Stoxx 50
    9/4

    Deutsche Bank SA confirmed a report from earlier in the day that said the lender is set to be removed from the Euro Stoxx 50 index, owned by the Deutsche Börse Group. The ban...

  • Report: Deutsche Bank to be removed from Euro Stoxx 50
    Report: Deutsche Bank to be removed from Euro Stoxx 50
    9/4

    Germany's largest lender, Deutsche Bank AG, will be removed from the pan-Eurozone index Euro Stoxx 50 this month, internal documents acquired by Bloomberg revealed on Tuesday. Two more companies are reportedly being removed as well, ...

  • Deutsche Bank CEO warns against protectionism
    Deutsche Bank CEO warns against protectionism
    8/29

    Deutsche Bank CEO Christian Sewing warned at a banking conference on Wednesday that "nationalized" economic policies present a risk to the global economy and make it more "susceptible to shocks."

    "Politic...

  • Deutsche Bank posts Q2 EPS of €0.03, down 57% YoY
    Deutsche Bank posts Q2 EPS of €0.03, down 57% YoY
    7/25

    Deutsche Bank reported on Wednesday its diluted earnings per share (EPS) in the second quarter of this year stood at €0.03, or 57% less than the same quarter last year. The bank posted its net revenues at €6.6 billion, unchange...

  • Deutsche Bank cuts jobs, expects stronger results
    Deutsche Bank cuts jobs, expects stronger results
    7/16

    Deutsche Bank AG estimated on Monday that its results from the second quarter were "considerably above" the consensus published on July 11. Shares spiked 9.07% at 11:14 am CET to €10.478, the highest level since May 28. Th...

  • Deutsche Bank announces over 7,000 job cuts
    Deutsche Bank announces over 7,000 job cuts
    5/24

    Deutsche Bank AG announced on Thursday a restructuring plan which will include over 7,000 job cuts by the end of the year in an effort to reduce costs and return to profitability. "The number of full-time positions is expected to fa...