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Struggling German lender Deutsche Bank confirms it's laying off thousands more staff

Shares in Germany's biggest private lender have fallen 31% this year, sparking calls from investors to speed up the .....»»

Category: topSource: usatodayMay 24th, 2018

Deutsche Bank to cut thousands of staff in investment bank revamp

FRANKFURT (Reuters) - Deutsche Bank will shrink global staff to well below 90,000 from the current 97,000, as part of a broad restructuring move to reduce costs and restore profitability, it said on Thursday......»»

Category: topSource: reutersMay 24th, 2018

Deutsche surprises market with earnings forecast upgrade

Deutsche Bank expects second-quarter net profits will be more than double analysts' forecasts in a rare piece of good news for Germany's largest bank which is cutting costs to try to revive profitability......»»

Category: topSource: reutersJul 16th, 2018

Deutsche Bank Beats

Deutsche Bank Beats Germany’s biggest lender Deutsche Bank said Monday it had far outstripped analysts’ estimates of its earnings in the second quarter, but its bottom line remained short of .....»»

Category: topSource: livetradingnewsJul 16th, 2018

Deutsche Bank to post €400 million profit in Q2 — way above expectations

REUTERS/Ralph Orlowski Deutsche Bank expects higher than forecast earnings in the second quarter of 2018. Germany's biggest bank now expects net profit of about 400 million euros ($467 million) for the April-June period. "Management believes that the.....»»

Category: topSource: businessinsiderJul 16th, 2018

Germany"s Deutsche Bank sees higher-than-expected Q2 profit

Germany's biggest bank, Deutsche Bank, says it foresees considerably higher-than-expected earnings for the second quarter — results that it says underline the company's "resilience.".....»»

Category: topSource: foxnewsJul 16th, 2018

Germany examining Iranian request to move $353 mil cash home

Germany's Finance Ministry says authorities are examining a request from Iran to repatriate hundreds of millions of euros in cash held in a Hamburg-based bank......»»

Category: topSource: foxnewsJul 9th, 2018

Germany denies Merkel talked about Deutsche Bank with UBS chief, Reuters says

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJul 6th, 2018

German government, JPMorgan deny report on Deutsche Bank

The German government dismissed a report that it had privately raised concerns about Deutsche Bank , while JPMorgan denied it was interested in a stake in Germany's biggest lender......»»

Category: topSource: reutersJul 6th, 2018

Germany denies Merkel discussed health of Deutsche with UBS boss

The German government denied on Friday that Chancellor Angela Merkel had asked a top banking executive about his views on troubled lender Deutsche Bank......»»

Category: topSource: reutersJul 6th, 2018

Deutsche Bank shares spike on report of interest from JPM and ICBC

Shares in Germany's troubled Deutsche Bank jumped by up to 6 percent on Friday following a magazine report that JPMorgan and Industrial and Commercial Bank of China (ICBC) may be interested in taking a stake......»»

Category: topSource: reutersJul 6th, 2018

JPMorgan denies report of interest in Deutsche Bank

U.S. investment bank JPMorgan denied a report on Friday in Germany's WirtschaftsWoche business weekly that it was interested in acquiring a stake in Deutsche Bank ......»»

Category: topSource: reutersJul 6th, 2018

JPMorgan Asks Several Dozen Staff to Move Due to Brexit

JPMorgan Chase laid out more details of employee relocations across Europe related to Brexit......»»

Category: smallbizSource: wsjJul 5th, 2018

Exclusive: JPMorgan triggers EU talent transfer as "dozens" prepare for Brexit move

LONDON (Reuters) - JPMorgan has asked "several dozen" employees to lead a first wave of relocations from Britain to continental Europe by early 2019, kicking off plans to protect its business post-Brexit, a memo to staff shows......»»

Category: topSource: reutersJul 5th, 2018

Deutsche Bank flunks Fed stress test; 3 other banks get flagged

Deutsche Bank was the only major financial institution to fail the Federal Reserve's annual stress text exam, dealing another blow to Germany's largest lender......»»

Category: topSource: cnnJun 28th, 2018

Deutsche Bank staff morale remains steady, Bloomberg reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJun 27th, 2018

Analyst Says Verizon"s Stock Should Move Higher On Improved Fundamentals

Multiple aspects of Verizon Communications Inc. (NYSE: VZ)'s business are showing signs of meaningful improvement and investors should now be buyers of the stock, according to Deutsche Bank. Latest.....»»

Category: blogSource: benzingaJun 19th, 2018

Bank of America raises planned Paris job moves before Brexit: sources

LONDON (Reuters) - Bank of America is looking to move more jobs than originally envisaged to its new Paris office, in what is expected to be one of the biggest such shifts from London ahead of Brexit, two sources familiar with the matter said......»»

Category: topSource: reutersJun 7th, 2018

Australia charges 3 banks plus 6 staff with cartel crimes

Australia has laid cartel charges against banking companies Citigroup, Deutsche Bank and ANZ plus six bank executives over the sale of 2.5 billion Australian dollars ($1.9 billion) in ANZ shares to institutional investors three years ago......»»

Category: topSource: foxnewsJun 5th, 2018

Deutsche Bank CEO insists financial strength is 'beyond doubt' despite rating downgrade - CNBC

CNBCDeutsche Bank CEO insists financial strength is 'beyond doubt' despite rating downgradeCNBCThe new chief executive of Germany's flagship lender has conceded the bank faces an uphill battle against a ba.....»»

Category: topSource: googlenewsJun 1st, 2018