Deutsche Bank Lays Off More Than 100 Senior Bankers to Reduce Costs
DB lays off 111 senior managers from its retail and wealth management unit to bring down cost-to-income ratio in the range of 60-65% by 2025 end.
Deutsche sacks over a hundred senior bankers to slash costs
Deutsche Bank AG (NYSE:DB) has laid off over a hundred senior bankers in a bid to meet cost-cutting targets by next year. Some 111 senior bankers were fired across its retail and private wealth division, the Financial Times reported on Monday, equating to 8% of the wing's directors.
Germany's Deutsche Bank pumps $607.5 mln into India operations
Germany-based Deutsche Bank AG said on Wednesday that it had infused 51.13 billion rupees ($607.50 million) into its Indian operations to fund growth plans. ($1 = 84.1650 Indian rupees)
What Makes Deutsche Bank (DB) a New Buy Stock
Deutsche Bank (DB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Is Deutsche Bank (DB) a Great Value Stock Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Deutsche Bank CEO on US Elections, China, Profit Growth
Deutsche Bank AG Chief Executive Christian Sewing talks about how the US presidential election could impact European banks, growing profitability and expanding in China and the Middle East. He speaks to Lisa Abramowicz in Washington.
Deutsche Bank's Q3 Earnings Rise Y/Y, Stock Slips on Provision Hike
DB's third-quarter 2024 results reflect a rise in Investment Bank revenues and a cut in Postbank-related lawsuits.
Deutsche Bank: Client Support Drives 11% Revenue Growth in Investment Banking
Investment banking helped drive revenue gains at Deutsche Bank in the third quarter, with growth in fixed income and currencies (FIC) and origination and advisory (O&A) leading the way.
Deutsche Bank AG (DB) Q3 2024 Earnings Call Transcript
Deutsche Bank AG. (NYSE:DB ) Q3 2024 Earnings Conference Call October 23, 2024 5:00 AM ET Company Participants Ioana Patriniche - Head, Investor Relations Christian Sewing - CEO James von Moltke - President & CFO Conference Call Participants Anke Reingen - RBC Flora Bocahut - Barclays Kian Abouhossein - JPMorgan Chris Hallam - Goldman Sachs Giulia Aurora Miotto - Morgan Stanley Stefan Stalmann - Autonomous Matthew Clark - Mediobanca Jeremy Sigee - BNP Paribas Exane Thomas Hallett - KBW Piers Brown - HSBC Andrew Coombs - Citi Operator Ladies and gentlemen, welcome to the Q3 2024 Analyst Conference Call and live webcast.
Deutsche Bank (DB) Q3 Earnings and Revenues Top Estimates
Deutsche Bank (DB) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.61 per share a year ago.
German court rules against Deutsche Bank in Postbank litigation case
Cologne's higher regional court on Wednesday ruled against Deutsche Bank in a litigation case against Postbank, the latest in a long-running dispute over its takeover of the smaller lender.
German court rules against Deutsche Bank in PostBank acquisition lawsuit
German court rules against Deutsche Bank in PostBank acquisition lawsuit
