Deutsche Bank likely to exit from some businesses, says CEO
Germany-based Deutsche Bank's CEO Christian Sewing has indicated that the bank may consider exiting certain business segments. This comes after the bank reported decline in profits for the fourth quarter and the full year.
Deutsche Bank's Q4 Results: Still Trading At A Discount
Deutsche Bank Aktiengesellschaft's Q4 results showed an 8.6% revenue increase but a 17% drop in pre-tax profit. Click here to find out why DB stock is a Buy.
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: Q4 Earnings Snapshot
The bank, based in Frankfurt, Germany, said it had earnings of 16 cents per share. The bank posted revenue of $16.32 billion in the period. Its revenue net of interest expense was $7.71 billion, exceeding Street forecasts.
Deutsche Bank: Bullish, But No Longer All-In
Deutsche Bank reported solid Q4 results with €7.2 billion in revenue, driven by a 30% YoY jump in the investment bank. Read more about DB stock here.
Deutsche Bank needs more than one ‘year of reckoning’
Christian Sewing thinks “predictability and consistency” are very important for Deutsche Bank. The German bank’s chief executive is not wrong. For much of the past 15 years, the only thing consistent about Deutsche was its ability to step on every rake it encountered.
Sanofi upgraded to hold by Deutsche Bank
Deutsche Bank has upgraded Sanofi (NASDAQ:SNY) to hold from sell, citing the company's Q4 earnings report. The investment ...
Germany economic meltdown as major bank's profits collapse
Deutsche Bank's profits plummeted by an astonishing 92%, as Germany's economy struggled. Profits attributable to shareholders ...
Deutsche Bank shares drop after quarterly profit falls, cost target scrapped
Legal provisions weighed on the bottom line at Germany’s largest lender Deutsche Bank, with net profit falling in the fourth ...
Deutsche Bank targets €32B revenue and below 65% cost-income ratio for 2025
Q4 2024 Management View CEO Christian Sewing highlighted 2024 as a transition year, with significant progress made in ...
Deutsche Bank profits collapse as German economy reels
Deutsche Bank has suffered a 92pc slump in its profits amid a major downturn in the German economy ...
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Frieze Reveals the Shortlist and Jury for the 2025 Deutsche Bank Frieze Los Angeles Film Award
Frieze announced the shortlist and judges of its sixth annual film awards, which celebrate young artists in Los Angeles.
Deutsche Bank price target raised to EUR 22 from EUR 21 at JPMorgan
JPMorgan raised the firm’s price target on Deutsche Bank (DB) to EUR 22 from EUR 21 and keeps an Overweight rating on the shares.Invest with ...
Deutsche Bank CEO Joins Dimon, Solomon in Resisting DEI Attacks
The chief executive officer of Deutsche Bank AG joined his counterparts at JPMorgan Chase & Co. and Goldman Sachs Group Inc.