Deutsche Bank to cut 800 jobs despite strong Q1 Deutsche Bank has today reported a better-than-expected 9% rise in first-quarter profit as income from higher interest rates offset a slump in revenues at the investment bank, and flagged job cuts as it looks to further reduce costs. Business • 27 Apr 23
Deutsche Bank to cut 800 jobs despite strong Q1 Deutsche Bank has today reported a better-than-expected 9% rise in first-quarter profit as income from higher interest rates offset a slump in revenues at the investment bank, and flagged job cuts as it looks to further reduce costs. Business • 27 Apr 23
Outlook for European banks still cloudy as storm abates European banking stocks were meant to shine in 2023, but after a two-week storm which had analysts and investors rushing to rework their spreadsheets, the outlook is clouded. Business • 31 Mar 23
Outlook for European banks still cloudy as storm abates European banking stocks were meant to shine in 2023, but after a two-week storm which had analysts and investors rushing to rework their spreadsheets, the outlook is clouded. Business • 31 Mar 23
Deutsche Bank and UBS shares sink amid banking fears Banking stocks fell again today, with shares in German giant Deutsche Bank knocked by worries that regulators and central banks have not yet contained the worst shock to the sector since the 2008 global financial crisis. Business • 24 Mar 23
Deutsche Bank and UBS shares sink amid banking fears Banking stocks fell again today, with shares in German giant Deutsche Bank knocked by worries that regulators and central banks have not yet contained the worst shock to the sector since the 2008 global financial crisis. Business • 24 Mar 23
Deutsche Bank's Q4 profit surges Deutsche Bank has reported a surge in fourth-quarter earnings, exceeding expectations and contributing to a third consecutive year of profit that was helped by higher interest rates and buoyant trading. Business • 02 Feb 23
Deutsche Bank's Q4 profit surges Deutsche Bank has reported a surge in fourth-quarter earnings, exceeding expectations and contributing to a third consecutive year of profit that was helped by higher interest rates and buoyant trading. Business • 02 Feb 23
EU regulators charge Deutsche Bank, Rabobank on cartel Deutsche Bank and Rabobank were charged today by EU competition regulators of taking part in a government bond cartel. Business • 06 Dec 22
EU regulators charge Deutsche Bank, Rabobank on cartel Deutsche Bank and Rabobank were charged today by EU competition regulators of taking part in a government bond cartel. Business • 06 Dec 22
Deutsche Bank reports big jump in quarterly profits Deutsche Bank has today posted a better than expected 475% jump in third-quarter profit as investment banking revenues rose thanks to a trading boom and despite a slump in dealmaking. Business • 26 Oct 22
Deutsche Bank reports big jump in quarterly profits Deutsche Bank has today posted a better than expected 475% jump in third-quarter profit as investment banking revenues rose thanks to a trading boom and despite a slump in dealmaking. Business • 26 Oct 22
Deutsche Bank extends profit streak in second quarter Deutsche Bank posted a better-than-expected 51% rise in second-quarter profit today as investment banking revenues rose, though the lender was less optimistic about the division's prospects for the full year and warned about the economic outlook. Business • 27 Jul 22
Deutsche Bank extends profit streak in second quarter Deutsche Bank posted a better-than-expected 51% rise in second-quarter profit today as investment banking revenues rose, though the lender was less optimistic about the division's prospects for the full year and warned about the economic outlook. Business • 27 Jul 22
Deutsche Bank extends quarterly profit streak Deutsche Bank has today posted a better than expected 17% climb in first-quarter profit as investment banking revenues rose, but it warned that the Russia-Ukraine conflict could hurt full-year results. Business • 27 Apr 22
Deutsche Bank extends quarterly profit streak Deutsche Bank has today posted a better than expected 17% climb in first-quarter profit as investment banking revenues rose, but it warned that the Russia-Ukraine conflict could hurt full-year results. Business • 27 Apr 22
Deutsche Bank and Commerzbank shares slide US investor Capital Group sold big stakes in Germany's two top banks - Deutsche Bank and Commerzbank - a person familiar with the matter said, dealing a blow to both lenders as they seek to rebuild investor confidence. Business • 12 Apr 22
Deutsche Bank and Commerzbank shares slide US investor Capital Group sold big stakes in Germany's two top banks - Deutsche Bank and Commerzbank - a person familiar with the matter said, dealing a blow to both lenders as they seek to rebuild investor confidence. Business • 12 Apr 22
Most banks narrow UK gender pay gaps Major financial companies collectively narrowed their gender pay gaps last year, but some went into reverse gear, including UBS and Deutsche Bank, a Reuters analysis found. Business • 05 Apr 22
Most banks narrow UK gender pay gaps Major financial companies collectively narrowed their gender pay gaps last year, but some went into reverse gear, including UBS and Deutsche Bank, a Reuters analysis found. Business • 05 Apr 22
Deutsche Bank to wind down its Russian business Deutsche Bank, which faced stinging criticism from some investors and politicians for its ongoing ties to Russia, said in a surprise move that it would wind down its business in the country. Business • 14 Mar 22
Deutsche Bank to wind down its Russian business Deutsche Bank, which faced stinging criticism from some investors and politicians for its ongoing ties to Russia, said in a surprise move that it would wind down its business in the country. Business • 14 Mar 22
Deutsche Bank bucks trend as it maintains Russian ties Deutsche Bank said it was not withdrawing completely from Russia, drawing anger from investors and contrasting with Wall Street banks which are severing ties with the country over its invasion of Ukraine. Business • 11 Mar 22
Deutsche Bank bucks trend as it maintains Russian ties Deutsche Bank said it was not withdrawing completely from Russia, drawing anger from investors and contrasting with Wall Street banks which are severing ties with the country over its invasion of Ukraine. Business • 11 Mar 22
European finance industry warns on Ukraine move Europe's financial sector scrambled today after Russia invaded Ukraine, with Allianz disclosing it had frozen its Russian government bond exposure and UK bank Lloyds saying it was on "heightened alert" for cyberattacks. Business • 24 Feb 22
European finance industry warns on Ukraine move Europe's financial sector scrambled today after Russia invaded Ukraine, with Allianz disclosing it had frozen its Russian government bond exposure and UK bank Lloyds saying it was on "heightened alert" for cyberattacks. Business • 24 Feb 22
Australia drops cartel case against Citi, Deutsche Bank Australia today withdrew a cartel lawsuit against Citigroup, Deutsche Bank and four former executives over a $1.8 billion share issue. Business • 11 Feb 22
Australia drops cartel case against Citi, Deutsche Bank Australia today withdrew a cartel lawsuit against Citigroup, Deutsche Bank and four former executives over a $1.8 billion share issue. Business • 11 Feb 22
Deutsche Bank traders' Libor convictions thrown out A US appeals court has thrown out the convictions of two former Deutsche Bank traders for rigging Libor, once among the world's most important financial benchmarks, and ordered acquittals for both men. Business • 28 Jan 22
Deutsche Bank traders' Libor convictions thrown out A US appeals court has thrown out the convictions of two former Deutsche Bank traders for rigging Libor, once among the world's most important financial benchmarks, and ordered acquittals for both men. Business • 28 Jan 22
Deutsche Bank makes biggest annual profit in a decade Deutsche Bank capped its most profitable year in a decade on the back of a dealmaking boom, strengthening chief executive Christian Sewing's hand as he prepares to lay out a new strategy and targets for the years ahead in March. Business • 27 Jan 22
Deutsche Bank makes biggest annual profit in a decade Deutsche Bank capped its most profitable year in a decade on the back of a dealmaking boom, strengthening chief executive Christian Sewing's hand as he prepares to lay out a new strategy and targets for the years ahead in March. Business • 27 Jan 22
Deutsche Bank fined €8.6m over Euribor controls German financial regulator BaFin has fined Deutsche Bank over €8.5m for controls related to the Euribor interest rate. Business • 30 Dec 21
Deutsche Bank fined €8.6m over Euribor controls German financial regulator BaFin has fined Deutsche Bank over €8.5m for controls related to the Euribor interest rate. Business • 30 Dec 21
Deutsche Bank beats estimates with 7% rise in Q3 profit Deutsche Bank has today posted a better-than-expected third-quarter 7% climb in profit, its fifth quarter in the black in a row despite a decline in investment banking revenue. Business • 27 Oct 21
Deutsche Bank beats estimates with 7% rise in Q3 profit Deutsche Bank has today posted a better-than-expected third-quarter 7% climb in profit, its fifth quarter in the black in a row despite a decline in investment banking revenue. Business • 27 Oct 21
Deutsche Bank's profit tops estimates Deutsche Bank has delivered a better-than-expected quarterly profit despite some unexpected costs and a decline in its investment banking revenue, sending shares of Germany's biggest lender up 2.2% in pre-market trading. Business • 28 Jul 21
Deutsche Bank's profit tops estimates Deutsche Bank has delivered a better-than-expected quarterly profit despite some unexpected costs and a decline in its investment banking revenue, sending shares of Germany's biggest lender up 2.2% in pre-market trading. Business • 28 Jul 21
Deutsche Bank to cut up to 450 jobs in Dublin Deutsche Bank has today announced plans to cut up to 450 full-time and contractor roles at its Dublin office. Business • 06 Jul 21
Deutsche Bank to cut up to 450 jobs in Dublin Deutsche Bank has today announced plans to cut up to 450 full-time and contractor roles at its Dublin office. Business • 06 Jul 21
Deutsche Bank sets targets for sustainable investments German lender Deutsche Bank said today that it would pump more than €200 billion into so-called sustainable financing and investments by 2023, two years earlier than initially planned. Business • 20 May 21
Deutsche Bank sets targets for sustainable investments German lender Deutsche Bank said today that it would pump more than €200 billion into so-called sustainable financing and investments by 2023, two years earlier than initially planned. Business • 20 May 21
Deutsche Bank swings to first quarter profit Deutsche Bank swung to better-than-expected net profit in the first quarter of 2021 as strength at the investment bank helped offset the headwinds of an ongoing restructuring programme and the pandemic. Business • 28 Apr 21
Deutsche Bank swings to first quarter profit Deutsche Bank swung to better-than-expected net profit in the first quarter of 2021 as strength at the investment bank helped offset the headwinds of an ongoing restructuring programme and the pandemic. Business • 28 Apr 21
Deutsche Bank CEO 2020 pay up 46% as bank posts profit Deutsche Bank paid chief executive Christian Sewing €7.4m in 2020, a 46% increase from a year earlier, as the bank eked out a profit after years of losses. Business • 12 Mar 21
Deutsche Bank CEO 2020 pay up 46% as bank posts profit Deutsche Bank paid chief executive Christian Sewing €7.4m in 2020, a 46% increase from a year earlier, as the bank eked out a profit after years of losses. Business • 12 Mar 21
Deutsche Bank swings to net profit in 2020 Deutsche Bank swung to a small annual profit in 2020, its first since 2014, on the back of strong gains at its investment banking division, the German lender said today. Business • 04 Feb 21
Deutsche Bank swings to net profit in 2020 Deutsche Bank swung to a small annual profit in 2020, its first since 2014, on the back of strong gains at its investment banking division, the German lender said today. Business • 04 Feb 21
Deutsche Bank won't do future business with Trump Deutsche Bank will not do business in the future with US President Donald Trump or his companies in the wake of his supporters' deadly January 6 assault on the US Capitol, the New York Times has reported. Business • 12 Jan 21
Deutsche Bank won't do future business with Trump Deutsche Bank will not do business in the future with US President Donald Trump or his companies in the wake of his supporters' deadly January 6 assault on the US Capitol, the New York Times has reported. Business • 12 Jan 21
