Tag: Deutsche Bank

June 29, 2018

Deutsche Bank CEO Christian Sewing told CNBC on Friday the German banking giant remains committed to its U.S. unit even after failing the second round of annual Federal Reserve stress tests. The Fed said on Thursday it saw “widespread and […]

June 22, 2018

Wings Capital Partners closed a $500 million secured loan facility with a syndicate of six major international banks including Deutsche Bank, New York Branch, BNP Paribas, Credit Agricole Securities, Goldman Sachs, MUFG Union Bank and Natixis. Deutsche Bank acted as […]

June 4, 2018

The jointly developed chatbot-to-chatbot communication solution replaces manual responses to status updates on customers’ securities trades on the messaging platform Symphony. For references, processes that used to previously take up to three minutes for a single trade will now be […]

June 1, 2018

Troubled Deutsche Bank’s roughly 9 euro-per-share price tag might seem like a bargain, but the company still has plenty to prove to its investors amid a tsunami of negative news. That was the view of some analysts after a trifecta […]

May 31, 2018

The Federal Reserve has designated Deutsche Bank DB, -5.53% AG’s sprawling U.S. business in “troubled condition,” a rare censure for a major financial institution that contributed to constraints on its operations, according to people familiar with the matter. The Fed’s […]

March 22, 2018

European bank stocks slipped to a six month low Thursday amid a combination of downbeat assessments for the current quarter from some of the region’s biggest lenders, a surge in interbank lending costs and threats of “tough and intrusive” oversight […]

March 16, 2018

Deutsche Bank (DB) said Friday it awarded nearly $3 billion in employee bonuses last year, despite a 23% fall in the lender’s stock price and the third consecutive net loss, risking the ire of investors who have been waiting for […]

March 13, 2018

Kraton Corporation amended its existing senior secured term loan facility. JP Morgan, Deutsche Bank and Credit Suisse acted as joint lead arrangers and joint bookrunners on the transaction. The amendment, among other things, included: Increased borrowing under the Euro-denominated tranche […]

November 15, 2017

U.S. buyout fund Cerberus has taken a 3 percent stake in Deutsche Bank, Germany’s flagship lender said on Wednesday. The investment makes Cerberus the fourth-largest shareholder after China’s HNA group, Qatar and money manager Blackrock . The move comes after […]

May 31, 2017

Deutsche Bank added Jeffrey Mensch to its M&A team as a managing director. Mensch will be based in New York and report to Charlie Dupree, head of Americas M&A. Mensch will join the bank in early June from MacAndrews & […]

May 19, 2017

Deutsche Bank AG (DB)  stock struggled to keep pace with its financial sector peers Friday following a shareholder vote that could allow Europe’s biggest bank to issue more capital in the coming years. Investors at the bank’s annual meeting in […]

April 24, 2017

European banks posted significant gains Monday amid a surge in regional benchmarks as investors reacted to Sunday’s presidential elections in France and the prospect of a second round win for centrist candidate Emmanuel Macron. The region’s biggest banks posted some […]

April 21, 2017

The Federal Reserve on Thursday announced two enforcement actions against Deutsche Bank AG that will require the bank to pay a combined $156.6 million in civil money penalties. The bank will pay a $136.9 million fine for unsafe and unsound […]

March 21, 2017

Deutsche Bank has opened an innovation lab in New York, its fourth globally. The lab is part of its five-year plan for €1 billion investment in digital initiatives. It is sited in Lower Manhattan’s Fulton Center and will explore new […]

February 2, 2017

Deutsche Bank (DB) posted a bigger-than-expected fourth-quarter loss and lifted its litigation reserves to more than €7 billion after fines linked to U.S. mortgage bonds and Russian money laundering hammered the bank’s bottom line. The net loss for the three months […]

January 25, 2017

Deutsche Bank’s (DB) shares soared amid growing speculation that the company will sell its asset management arm, with the group’s stock price hitting a one-year high after reports began circulating. The company is currently thought to be considering either a sale […]

October 27, 2016

The U.S. investment banking market has been very difficult for foreign players to penetrate. It is mature, sophisticated and has some dominant large players.Barclays really did it only by buying the core business of Lehman Brothers, while Credit Suisse had to merge with First Boston. […]

October 19, 2016

Deutsche Bank AG has agreed to pay $38 million to settle U.S. litigation over allegations it illegally conspired with other banks to fix silver prices at the expense of investors, according to court papers filed on Monday. The settlement, disclosed […]

October 3, 2016

The global banking giants — think of JPMorgan Chase or HSBC — make a nice return by capturing their share of the trillions of dollars that course through financial markets each day. But few are as reliant on this business […]

September 30, 2016

U.S. money market funds own small holdings of debt issued by Deutsche Bank AG as traders speculate about its future after the U.S. Justice Department imposed a $14 billion fine for its misselling of mortgage-backed securities. The tiny holdings of […]