April 28, 2021
Via: CNBCLONDON — Deutsche Bank on Wednesday reported a 908 million euro ($1.1 billion) profit for the first quarter, buoyed by continued strong performance in its investment banking division. The bank vastly exceeded analyst expectations for net income of 642.95 million […]
July 8, 2019
Via: CNBCDeutsche Bank shares slumped more than 5 percent as the German lender announced a mass restructuring program over the weekend. In one of its boldest overhauls, the bank will see 18,000 jobs cut by 2022 and the closure of its […]
May 20, 2019
Via: CNBCShares 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 […]
March 28, 2019
Via: CNBCShares 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 […]
March 11, 2019
Via: CNBCShares of Deutsche Bank and Commerzbank surged Monday after reports that the two have agreed to hold merger talks. Several media reports over the weekend suggested Deutsche Bank CEO Christian Sewing had dropped his opposition to the deal. Sewing was […]
March 8, 2019
Via: CNBCDeutsche Bank and Commerzbank’s chief executives have resumed talks over a potential merger of Germany’s two biggest lenders, Focus magazine reported on Friday, citing people familiar with the matter. Deutsche Bank and Commerzbank declined to comment. Deutsche Bank shares were […]
January 31, 2019
Via: CNBCShares of Deutsche Bank slumped nearly 5 percent Thursday after a report said the embattled German lender is gearing up for a potential merger with rival Commerzbank by mid-2019. The report, from Bloomberg citing anonymous sources, noted the deal is […]
December 12, 2018
Via: CNBCShares of Deutsche Bank surged on Wednesday after Bloomberg News reported the German government plans to push for a merger to save the struggling bank. The bank’s stock rose as much as 8.5 percent and was last up 4.8 percent. […]
November 20, 2018
Via: CNBCShares 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 7, 2018
Via: CNBCHNA Group, one of China’s largest conglomerates and the owner of a $40 billion-plus empire of businesses and company stakes, will be exiting its 7.6 percent stake in Germany’s Deutsche Bank, the Wall Street Journal reported Friday. The decision, according […]