Deutsche Bank will give its asset management arm preferred access to private credit deals it originates, the companies said on Tuesday, as the German institutions look for an edge in the booming but increasingly competitive market.
Deepak Puri, Deutsche Bank Private Bank CIO, and Kristina Hooper, Invesco chief global market strategist, joins 'Closing Bell Overtime' to talk the day's market action.
Deutsche Bank said on Thursday that it was still aiming for 35% of its managing director, director and vice president roles to be filled by women by the end of 2025.
Deutsche Bank on Thursday forecast increased revenue in 2025 at its investment bank and three other main business units.
Deutsche Bank has raised the parental leave entitlement in its Middle East and Africa regional offices in a bid to offer attractive benefits to employees in an increasingly competitive environment.
Deutsche Bank shares jumped again on Thursday, bringing their gains to 17% in the two days since German political parties agreed a tectonic spending shift to revamp the military and revive growth.
German financial watchdog Bafin on Tuesday fined Deutsche Bank 23.05 million euros ($24.29 million) over breaches in the sale of derivatives in Spain and other failings at its Postbank business.
European defence sector valuations, particularly UK names, remain below historical peaks, with potential upside as military budgets rise in the wake of Donald Trump cutting US support, according to Deutsche Bank. The sector is currently trading at 15.5 times earnings a year ahead, on average, with UK defence stocks below this level.
Deutsche Bank Aktiengesellschaft's Q4 results showed an 8.6% revenue increase but a 17% drop in pre-tax profit due to higher non-operating costs. The bank's net interest income and margin grew; we hold a positive outlook for 2025 due to favorable yield curve movements and moderate credit risk. Despite its litigation cost concerns, Deutsche's valuation is attractive with an FX-adjusted price-to-book ratio of around 0.65x and a strong shareholder composition package.
Deutsche Bank Aktiengesellschaft (NYSE:DB ) Q4 2024 Earnings Conference Call January 30, 2024 5:00 AM ET Company Participants Ioana Patriniche - Head, IR Christian Sewing - CEO & Chairman James Von Moltke - President & CFO Alexander Von zur Mühlen - CEO, Asia-Pacific, Europe, Middle East & Africa (EMEA), and Germany Conference Call Participants Nicolas Payen - Kepler Cheuvreux Anke Reingen - RBC Kian Abouhossein - JPMorgan Flora Bocahut - Barclays Chris Hallam - Goldman Sachs Stefan Stalmann - Autonomous Andrew Coombs - Citi Jerry Sigee - BNP Paribas Tom Hallett - KBW Operator Ladies and gentlemen, welcome to Q4 2024 analyst conference call and live webcast. I'm [indiscernible], the Chorus Call operator.
Deutsche Bank derives 57% of its revenue from the Private Bank and Corporate Bank segments which saw weaker Q4 2024 profitability. The main profit drivers in Q4 2024 were the Investment Bank and Asset Management Segments which make up 43% of the bank's topline. The bank confirmed its +10% ROTE target for 2025, with higher profitability mainly expected to come from smaller non-recurring provisions and revenue growth.
A rise in expenses affects DB's Q4 Earnings. However, lower provisions and strong top-line growth provide support.