Search Results for: Deutsche Bank
Deutsche Bank Roundup: Where We Are Now
November 7th, 2016
Shares of Deutsche Bank hit record lows last week, as the German lender struggled to come to terms with US regulators over its involvement in the subprime mortgage crisis. Despite receiving a large boost in the final session of ...
Deutsche Bank is thinking a partial exit from the US market
October 18th, 2016
Reports in local media in Germany indicate that Deutsche Bank is currently mulling over a strategy overhaul as far as the United States is concerned and an exit from the country couldn’t be ruled out. The bank was been ...
Deutsche Bank Is Said to Begin Companywide Hiring Freeze
October 14th, 2016
Deutsche Bank has instituted a company wide hiring freeze as the embattled lender looks to speed up efforts to reduce costs and regain the confidence of investors as concerns mount about the progress of its turnaround, according to a person ...
Deutsche Bank sells debt to raise cash
October 13th, 2016
Germany’s biggest bank returned to the US high-grade bond market on Tuesday to sell an additional $1.5 billion worth of debt, offering more than double the yield it paid a year ago. Deutsche raised $3 billion in a bond ...
Deutsche Bank Shares Drop on Fears of Capital Raising
September 27th, 2016
Intensifying concerns about Deutsche Bank AG’s financial health caused its shares to drop Monday and pushed the company into the awkward position of publicly denying that it had sought help from the German government. Shares of Deutsche Bank, one of the ...
Deutsche Bank Woes Sparks Concern Among German Lawmakers
September 23rd, 2016
Social Democrat members said to have discussed bank’s finances Biggest German lender creeps into Berlin’s political debates Deutsche Bank AG’s finances, weakened by low profitability and mounting legal costs, are raising concern among German politicians after the U.S. sought ...
Deutsche Bank AG said it won’t pay the $14 billion sought by the U.S.
September 16th, 2016
Negotiations are ‘just beginning,’ lender says in statement U.S. shares of biggest German bank tumble in extended trading Deutsche Bank AG said it won’t pay the $14 billion sought by the U.S. Justice Department to settle an investigation into ...
Deutsche Bank reports Q2 2016 pre-tax profit down 67%
July 28th, 2016
Deutsche Bank reports second quarter 2016 pre-tax profit of 408 million euros and net income of 20 million euros Key developments – 20% lower revenues year-on-year reflecting challenging environment and strategic decisions Revenues, excluding NCOU and Hua Xia Bank, ...
Deutsche Bank May Punish Employees for Personal Trade With Firm
May 20th, 2016
Bank: ‘transaction may have involved unacceptable conflicts’ Auditors estimate employees gained about $37 million, WSJ says Deutsche Bank AG halted bonus payments to a group of employees while examining whether they improperly traded with the firm. “We are reviewing ...
Deutsche Bank becomes latest currency dealer to lower its dollar forecast
May 13th, 2016
Deutsche Bank on Thursday became the latest major player in the global currency market to lower its expectations for the U.S. dollar. The call is a sign that Wall Street is coming around to the view that the Federal ...
