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Deutsche Bank may exit some businesses, CEO says

Deutsche Bank may exit some businesses, CEO says after profit miss

The CEO of Deutsche Bank on Thursday said Germany's largest lender could exit some businesses after fourth quarter and full-year profit fell more than expected, with investment banking revenue gains eroded by legal provisions and restructuring costs.

GlobalData on MSN · 2d

Deutsche Bank likely to exit from some businesses, says CEO

Germany-based Deutsche Bank's CEO Christian Sewing has indicated that the bank may consider exiting certain business segments. This comes after the bank reported decline in profits for the fourth quarter and the full year.

The Wall Street Journal on MSN · 3d

Deutsche Bank’s Heavier Costs Drag Shares Despite Investment Bank Strength

Germany’s largest lender by total assets will buy back shares and reported a worse-than-expected drop in profit due to well-flagged higher costs.

2d

Deutsche Bank's Q4 Results: Still Trading At A Discount

Deutsche Bank Aktiengesellschaft's Q4 results showed an 8.6% revenue increase but a 17% drop in pre-tax profit. Click here to ...

5d

Exclusive: Deutsche Bank talks on China JV end over disagreement on control, sources say

Talks between Deutsche Bank , its asset management arm DWS and Chinese lender Postal Savings Bank of China (PSBC) over a ...

4d

Deutsche Bank Q4 Profit Plunges; Backs FY25 View; Plans EUR 2.1 Bln Distributions

German banking major Deutsche Bank AG (DB) reported Thursday that its fourth-quarter profit attributable to shareholders plunged 92 ...

3d

Deutsche Bank: Bullish, But No Longer All-In

Deutsche Bank reported solid Q4 results with €7.2 billion in revenue, driven by a 30% YoY jump in the investment bank. Read ...

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