DB reports impressive first-quarter 2025 results on the back of higher revenues and lower expenses, partially offset by higher provisions.
Deutsche Bank Aktiengesellschaft (NYSE:DB ) Q1 2025 Earnings Conference Call April 29, 2025 5:00 AM ET Company Participants Ioana Patriniche - IR Christian Sewing - CEO & Chairman James Von Moltke - President & CFO Conference Call Participants Chris Hallam - Goldman and Sachs Kian Abouhossein - JPMorgan Nicolas Payen - Kepler Cheuvreux Stefan Stalmann - Autonomous Flora Bocahut - Barclays Anke Reingen - RBC Mate Nemes - UBS Giulia Miotto - Morgan Stanley Jeremy Sigee - BNB Paribas Andrew Coombs - Citi Tom Hallett - KBW Operator Good morning, ladies and gentlemen, and welcome to the Q1 2025 Analyst Conference Call and Live Webcast. I am Yousaf, the Chorus Call operator.
German banks stand to benefit as the country's political environment settles under the potential stewardship of a centrist coalition.
Deutsche Bank on Tuesday posted a 39% rise in first-quarter profit after its global investment banking division generated a big increase in revenue in bond and currency trading during volatile markets.
President Donald Trump's tariffs could have consequences for the current world order, Deutsche Bank said. The bank's researchers said US stocks are deeply exposed to a global trade war.
Deutsche Bank said on Monday that Kirsty Roth and Klaus Moosmayer have been proposed to join the German bank's supervisory board in a vote at the upcoming annual shareholder meeting on May 22.
Deutsche Bank has extended CEO Christian Sewing's contract, while its deputy and another top executive will depart as part of a management revamp, cementing the leadership team of Germany's largest lender for the next phase of its turnaround.
Deutsche Bank has extended the contract of CEO Christian Sewing by three years through April 2029, Germany's largest lender said on Thursday.
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DB plans to cut nearly 2000 jobs in its retail banking division and close more branches in 2025.
Deutsche Bank will reduce branches by a "signficant" number this year and trim headcount of the retail bank by around 2,000 people in 2025, Chief Executive Officer Christian Sewing said on Wednesday.