Deutsche Bank shares drop on reports of Chinese sell-off
Shares in Germany's largest lender Deutsche Bank fell more than three percent Friday before recovering slightly, after media reports that major Chinese shareholder HNA would sell off its stake.
Deutsche Bank moves clearing ops out of London as Brexit looms
Germany's biggest lender Deutsche Bank said Monday it has moved "a big part" of its euro clearing operations from London to Frankfurt, in a new blow to the City as Britain leaves the EU.
Deutsche Bank slashes over 7,000 jobs in major shake-up
Germany's largest lender Deutsche Bank said Thursday it will slash over 7,000 jobs and dramatically scale back its investment banking activities as it seeks to turn the page on years of losses.
Deutsche Bank cuts deeper to fight profit plunge
Germany's biggest lender Deutsche Bank on Thursday reported a slump in profits in the first quarter, with new CEO Christian Sewing announcing deep cuts at its flagship corporate and investment banking division to tackle its woes.
Deutsche Bank stock gains on reports of new CEO search
Shares in Germany's biggest lender Deutsche Bank gained Tuesday after a newspaper reported that the troubled financial giant was seeking a new chief executive as it struggles to right itself.
Deutsche Bank shares tumble on investment bank headwinds
Shares in Germany's biggest lender Deutsche Bank slid around 6.0 percent Wednesday, after its finance chief warned of first-quarter headwinds for its corporate and investment banking division.
Deutsche Bank appoints new executive
Deutsche Bank has announced the appointment of Andreas Voss as Head of Trade Finance for Financial Institutions (TFFI) in Sub-Saharan Africa, in addition to his current role as Head of Global Transaction Banking West Africa and Chief Representative of Deutsche Bank AG’s Lagos Representative Office. Voss will be responsible for driving the development and execution…
European stocks sharply lower on Deutsche Bank concerns; DAX down 1.77%
European stocks were sharply lower on Friday, as ongoing concerts over the European banking sector weighed and as investors remained cautious ahead of a report on euro zone ...