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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.
Deutsche Bank: Q4 Earnings Snapshot
FRANKFURT, Germany (AP) — FRANKFURT, Germany (AP) — Deutsche Bank AG (DB) on Thursday reported net income of $324.3 million in its fourth quarter. The bank, based in Frankfurt, Germany, said it had earnings of 16 cents per share.
Deutsche Bank profit drops more than expected in 2024
Deutsche Bank reported a sharp drop in fourth-quarter and full-year 2024 profit on Thursday, falling short of market expectations as legal provisions and restructuring costs offset strong investment banking revenue.
4d
on MSN
Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target
Deutsche Bank on Thursday posted a bigger-than-expected drop in fourth quarter and 2024 full-year profit as legal provisions ...
3d
on MSN
Deutsche Bank CEO Joins Dimon, Solomon in Resisting DEI Attacks
The chief executive officer of Deutsche Bank AG joined his counterparts at JPMorgan Chase & Co. and Goldman Sachs Group Inc.
4d
Deutsche Bank’s Sewing to Cut Management Roles as Costs Rise
Deutsche Bank AG said it plans to reduce management roles and cut headcount over coming years, after higher-than-expected ...
4d
Deutsche Bank shares drop after quarterly profit falls, cost target scrapped
Legal provisions weighed on the bottom line at Germany’s largest lender Deutsche Bank, with net profit falling in the fourth ...
Opinion
8h
Opinion
Deutsche Bank’s Domestic Woes Risk Making It an Also-Ran
Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall ...
2d
Kepler Capital Sticks to Their Buy Rating for Deutsche Bank AG (DB)
In a report released on January 30, Nicolas Payen from Kepler Capital maintained a Buy rating on Deutsche Bank AG (DB – Research Report), with ...
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