Search Results for: Deutsche Bank
Deutsche Bank reports fourth quarter 2014 net income
January 29th, 2015
Deutsche Bank reports fourth quarter 2014 net income of EUR 441 million Group results Fourth quarter 2014 results Income before income taxes (IBIT) of EUR 253 million Core Bank IBIT, which excludes the Non-Core Operations Unit (NCOU), of EUR ...
Deutsche Bank gains market share
January 22nd, 2015
Deutsche Bank gains market share in fixed income to rank No 1 globally Greenwich Associates’ 2014 Global Fixed Income survey, published today, shows Deutsche Bank has increased its fixed income market share by 10 basis points to 10.1% over ...
Deutsche Bank considers retail bank spin-off
January 15th, 2015
Deutsche Bank is considering spinning off its retail banking operations as regulators push Germany’s biggest lender to lower its debt levels and stop it using deposits collected from consumers to fund its investment bank. The politically sensitive move could ...
Deutsche Bank Sued by TPV Founder Over $32 Million Loss
January 14th, 2015
Deutsche Bank AG was sued in Singapore by Stanley Pan Fang-Jen, a co-founder of Hong Kong-based TPV Technology Ltd. (903), over a $32 million trading loss due to alleged false representations. The bank denied wrongdoing. The bank advised the ...
BofA Executive’s Job Said Held Up by Deutsche Bank Probe
November 6th, 2014
Deutsche Bank AG (DBK)’s examination of how employees handled deals with the world’s oldest lender is preventing Michele Foresti from starting his new job at Bank of America Corp. (BAC), according to three people briefed on the matter. Foresti, who ...
Deutsche Bank, Former Traders Settle Dispute Over Suspensions
October 31st, 2014
A German state labor court said Wednesday that Deutsche Bank AG and four former money-market traders agreed to a settlement in their legal dispute over the traders’ suspension in early 2013. The parties agreed not to disclose the details ...
Deutsche Bank cannot rely on this trading rebound – Bottom Line
October 30th, 2014
Trading revenues were once the mainstay of many an investment bank, and made up the glamorous end of the City. It is always the traders who get the public’s attention. Who ever complains about City brokers or City auditors? But ...
Deutsche Bank swings to €92m loss on legal costs
October 29th, 2014
Deutsche Bank swung to a loss in the third quarter because of higher legal costs to settle investigations. Germany’s largest lender posted a net loss of €92m ($117m; £72.6m) in the three months to September, compared to a profit ...
Deutsche Bank names new CFO
October 29th, 2014
Deutsche Bank (DBKGn.DE) will reshuffle top management by naming Marcus Schenck, former finance chief at energy group E.ON (EONGn.DE) and Goldman Sachs banker, as chief financial officer and putting current CFO Stefan Krause in charge of operations and strategy, ...
Deutsche Bank Legal on Potential Report of Legal Costs
October 13th, 2014
Deutsche Bank AG (DBK) fell in Frankfurt trading on a report that the company may have to boost provisions for legal costs by 30 percent. The shares declined as much as 1.4 percent to the lowest in more than ...
