Sacyr hires Santander and Deutsche Bank as advisers to find partner
Spanish construction firm Sacyr hired Santander and Deutsche Bank as financial advisers to find a partner for new unit Voreantis as a way to raise cash and better compete with larger rivals for contracts in countries such as the United States, a company source told Reuters on Monday.
Deutsche Bank plays down prospect of M&A any time soon
Deutsche Bank is focused on making itself stronger by doing its "homework" rather than considering mergers and acquisitions, the lender's finance chief said on Thursday, noting any tie-up could be "much further down the road".
Deutsche Bank AG (DB) Q2 2024 Earnings Call Transcript
Deutsche Bank AG (NYSE:DB ) Q2 2024 Earnings Conference Call July 24, 2024 5:00 AM ET Company Participants Ioana Patriniche - Head, Investor Relations Christian Sewing - CEO James von Moltke - President & CFO Conference Call Participants Chris Hallam - Goldman Sachs Group Nicolas Payen - Kepler Cheuvreux Anke Reingen - RBC Capital Markets Kian Abouhossein - JPMorgan Chase & Co. Tom Hallett - KBW Giulia Aurora Miotto - Morgan Stanley Mate Nemes - UBS Stefan Stalmann - Autonomous Research Matthew Clark - Mediobanca Jeremy Sigee - BNP Paribas Exane Andrew Coombs - Citigroup Ioana Patriniche Thank you for joining us for our second quarter 2024 results call. As usual, our Chief Executive Officer, Christian Sewing, will speak first, followed by our Chief Financial Officer, James von Moltke.
Deutsche Bank (DB) Reports Q2 Loss on Lawsuit Provision
Deutsche Bank's (DB) second-quarter 2024 results are impacted by an increase in expenses and a rise in provision for credit losses. The rise in commissions and fee income is a positive.
Deutsche Bank tumbles after major provision results in first loss in four years
Deutsche Bank posted its first loss in four years due to a large provision, though underlying earnings also came in short of expectations, despite a strong dealmaking performance. The German lender's second-quarter revenue came in at €7.6 billion, up 2% year on year.
Deutsche Bank says commercial real estate remains under pressure
Deutsche Bank on Wednesday tempered exepectations for a recovery in the commercial real estate market and said it forecasts further pressure in the second half of the year.
Deutsche Bank snaps 15-quarter profit streak on Postbank lawsuit provision
Net loss attributable to shareholders was 143 million euros ($155.1 million), against an LSEG poll of analysts which had predicted a loss of 145 million euros.
Deutsche Bank's profit streak ends with big lawsuit provision
Deutsche Bank posted a loss in the second quarter, it disclosed on Wednesday, its first in four years after setting aside 1.3 billion euros ($1.41 billion) as a provision for a protracted investor lawsuit over its Postbank acquisition.
Deutsche Bank (DB) to Report Q2 Results: Wall Street Expects Earnings Growth
Deutsche Bank (DB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Deutsche Bank criticized by German regulator for financial reporting error
Deutsche Bank incorrectly disclosed deferred tax assets in its 2019 financial statement, German regulator BaFin said Tuesday. 2.076 billion euros ($2.26 billion) worth of deferred tax assets had not been disclosed separately in the notes for Deutsche Bank's U.S. business, BaFin said.
Deutsche Bank forecast to post quarterly loss, breaking profit streak
Deutsche Bank analysts expect the lender to post a loss for the second quarter, according to a new consensus forecast posted on the bank's website on Monday.
Exonerated trader settles $150 million lawsuit against Deutsche Bank
A former Deutsche Bank trader whose conviction in New York for rigging the Libor interest rate benchmark was overturned has settled his $150 million lawsuit accusing the German lender of making him a scapegoat by lying to prosecutors.
