Deutsche Bank lays off over 100 managers in cost-cutting exercise
6 days ago · Deutsche Bank hit a profit before taxes of €411m ($445m) for the second quarter of 2024, or €1.7bn, excluding a reserve of €1.3bn for litigation connected to the Postbank takeover.
Deutsche’s private bank fires over 100 senior ... - Financial Times
Nov 11, 2024 · Deutsche Bank’s private bank, which includes its mass-market retail unit in Germany and the wealth management arm, generates 31 per cent of the lender’s revenue but only 23 per cent of its profit.
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Deutsche Bank successfully completes issuance of Additional Tier …
4 days ago · Deutsche Bank is the leading bank in Germany with strong European roots and a global network. This release contains forward-looking statements. Forward-looking statements are statements that are not historical facts; they include statements about our beliefs and expectations and the assumptions underlying them.
Deutsche Bank flags credit risks as returns to profit in third quarter
FRANKFURT, Oct 23 (Reuters) - Deutsche Bank (DBKGn.DE) has raised its forecast for bad loans against the backdrop of a weak German economy, as the bank returned to profit in the third quarter,...
Deutsche Bank Plans To Cut 3,500 Jobs And Lift Payouts - Bloomberg.com
Feb 1, 2024 · Deutsche Bank AG plans to cut 3,500 jobs over the coming years as Chief Executive Officer Christian Sewing seeks to make good on a pledge to lift profitability and return more money to...
Deutsche Bank Stock Sinks After It Warns of $1.4 Billion Hit From ...
Apr 29, 2024 · Deutsche Bank shares dropped Monday after the German lender said it may have to pay up to 1.3 billion euros, or about $1.4 billion, to shareholders in a rival bank it bought more than a decade...
Deutsche Bank reports first-half 2024 profit before tax of € 2.4 ...
Jul 24, 2024 · Deutsche Bank (XETRA: DBGn.DB / NYSE: DB) today announced profit before tax of € 411 million for the second quarter of 2024, or € 1.7 billion excluding a previously-announced provision of € 1.3 billion for litigation related to the Postbank takeover. This compares to profit before tax of € 1.4 billion in the second quarter of 2023.
Deutsche Bank to cut 3,500 jobs and reward shareholders
FRANKFURT, Feb 1 (Reuters) - Deutsche Bank (DBKGn.DE) said on Thursday it would cut 3,500 jobs, buy back shares and pay dividends, in its latest pitch to investors that its turnaround remains...
Trading helps lift Deutsche Bank to highest quarterly profit in 11 …
Apr 25, 2024 · Trading and investment banking helped lift Deutsche Bank to its highest quarterly profits in 11 years in the first three months of 2024, as global dealmaking started to pick up after a two-year...