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Deutsche CEO Scolded Bankers Who Had Suits Fitted During Monday"s Mass Firing

It was a bad enough look for Deutsche Bank that the l.....»»

Category: blogSource: zerohedgeJul 11th, 2019

Deutsche Bank Awards Bulk Of Bonus Pool To US Bankers Who Survived Mass Firing

Activist (or perhaps masochist) investors Cerberus Capital and Hudson Executive Capital have been pleading with Deutsche Bank to scale back its US operations and focus on Europe. But.....»»

Category: blogSource: zerohedgeMar 22nd, 2019

Deutsche CEO reprimands execs for having suits fitted day of layoffs, CNBC 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 12th, 2019

Deutsche Bank MDs Fitted For $1,900 Suits As Thousands Of Employees Lost Jobs

Earlier this week, we drew attention to a photo of what we (and much of the Internet) assumed were freshly fired Deutsche Bank employees heading for the exits after cleaning out their desks. At the time, we.....»»

Category: blogSource: zerohedgeJul 10th, 2019

Factbox: What Deutsche bankers are saying about the 18,000 global job cuts

Whole teams within Deutsche Bank AG have been told their positions were gone on Monday, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis......»»

Category: topSource: reutersJul 8th, 2019

Deutsche Cuts Severance Payments For Workers Who Were Fired On Monday

Deutsche Bank fired thousands of employees on Monday during the first round of job cuts for CEO Christian Sewing's dramatic "restructuring" plan that calls for a 20% reduction i.....»»

Category: blogSource: zerohedgeJul 13th, 2019

"Trading Nation" On European Banks Amid Deutsche Bank Troubles

On CNBC’s "Trading Nation" on Monday, Boris Schlossberg of BK Asset Management says if he's going to invest in European banks amid Deutsche Bank AG (NYSE: DB) struggles, UBS read more.....»»

Category: blogSource: benzingaJul 9th, 2019

Deutsche Bank (DB) Restructuring Plan Sends Shares Plummeting

Shares of Deutsche Bank (DB) fell well over 5% Monday, following the firm's announcement Sunday of a major restructuring. Want the latest recommendations fr.....»»

Category: worldSource: nytJul 8th, 2019

U.S. consumer inflation outlook rises for first time in three months: NY Fed survey

U.S. consumers in June lifted their inflation expectations for the first time in three months, New York Fed data showed on Monday, reducing pressure on central bankers to cut rates significantly to support economic momentum......»»

Category: topSource: reutersJul 8th, 2019

U.S. consumer inflation outlook rises for 1st time in three months: NY Fed survey

U.S. consumers in June lifted their inflation expectations for the first time in three months, New York Fed data showed on Monday, reducing pressure on central bankers to cut rates significantly to support economic momentum......»»

Category: topSource: reutersJul 8th, 2019

Deutsche Bank overhaul to hit FactSet profit: Credit Suisse

Deutsche Bank AG's move to scrap its global equities operations could dent the 2020 fiscal profit for FactSet Research Systems Inc, Credit Suisse analysts said on Monday......»»

Category: topSource: reutersJul 8th, 2019

Deutsche Bank careers end in an envelope, a hug and a cab ride

Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a restructuring announcement......»»

Category: topSource: reutersJul 8th, 2019

Axe falls as Deutsche Bank lays off 18,000 in $8.3 billion reinvention

Deutsche Bank laid-off staff from Sydney to New York on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) "reinvention" which will lead to yet another annual loss and knocked its already battered shares......»»

Category: topSource: reutersJul 8th, 2019

Mid-Morning Market Update: Markets Open Lower; Deutsche Bank To Cut 18K Jobs

Following the market opening Monday, the Dow traded down 0.34% to 26830.36 while the NASDAQ fell 0.73% to 8102.20. The S&P also fell, dropping 0.36% to 2,979.55. Leading and Lagging Sectors read more.....»»

Category: blogSource: benzingaJul 8th, 2019

Deutsche Bank CEO pledges to buy bank"s sliding shares in wake of restructuring

Deutsche Bank chief executive officer said on Monday that he plans to invest a "substantial amount" of his fixed salary in the lender......»»

Category: topSource: reutersJul 8th, 2019

Deutsche Bank careers curtailed with an envelope, a hug and a cab ride

Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday, shown the door by their German employer within hours of a restructuring announcement......»»

Category: topSource: reutersJul 8th, 2019

Axe falls on 18,000 Deutsche Bank jobs in $8.3 billion reinvention

Deutsche Bank laid off staff from Sydney to London on Monday as it began 18,000 job cuts in a 7.4 billion euro ($8.3 billion) "reinvention" which Germany's largest lender said would mean yet another annual loss, knocking its shares......»»

Category: topSource: reutersJul 8th, 2019

Deutsche Bank capital-boosting debt dips on restructuring fears

Deutsche Bank's capital-boosting Additional Tier I (AT1) debt issues fell on Monday on worries over future challenges Germany's biggest lender may face in a planned overhaul......»»

Category: topSource: reutersJul 8th, 2019

Factbox: Deutsche Bank staff react to 18,000 global job cuts

Whole teams at Deutsche Bank were told on Monday their jobs had been axed as it began 18,000 job cuts globally in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis......»»

Category: topSource: reutersJul 8th, 2019

Deutsche Bank begins 18,000 job cull in $8.3 billion reinvention

Deutsche Bank laid off staff in Asia on Monday as it began cutting 18,000 jobs as part of a 7.4 billion euro ($8.3 billion) "reinvention" set to tip Germany's largest lender into yet another annual loss......»»

Category: topSource: reutersJul 8th, 2019

Deutsche Bank"s bank capital debt back in the red, CDS decline

Deutsche Bank's capital boosting Additional Tier I debt issues dropped back into the red on Monday, giving away gains made in early trade following news of the German lender's planned overhaul over the weekend......»»

Category: topSource: reutersJul 8th, 2019