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Deutsche Bank cuts at least 7,000 jobs in trading retreat

Deutsche Bank will cut global staff numbers by more than 7,000 in the first major move by its new CEO to reduce costs and restore profitability after years of false starts. Ciara Lee reports......»»

Category: videoSource: reutersMay 24th, 2018

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 Bank to move assets from London to Frankfurt

Deutsche Bank says it will move assets from London to Frankfurt after Britain’s planned exit from the European Union next year, in line with demands from British and EU regulators. Thuy Ong reports......»»

Category: videoSource: reutersSep 17th, 2018

Deutsche Bank is mulling a big pull back from Britain due to Brexit

REUTERS/Kai Pfaffenbach Deutsche Bank is considering moving 75% of its €600 billion in capital from London to Frankfurt. The German lender also plans to ring.....»»

Category: topSource: businessinsiderSep 17th, 2018

Deutsche to shift more assets to Frankfurt, ringfence UK operations after Brexit: source

Deutsche Bank is considering shifting large volumes of assets from London to Frankfurt after the UK's planned exit from the European Union next year to meet demands from European regulators, a person close to the matter said on Sunday......»»

Category: topSource: reutersSep 16th, 2018

Deutsche Bank"s retreat to Germany gets tepid welcome at home

German manufacturer Voith has been a customer of Deutsche Bank for more than a century......»»

Category: topSource: reutersSep 14th, 2018

Exclusive: Deutsche Bank weighs overhaul that could make deals easier - sources

Deutsche Bank is considering an overhaul to loosen the bond between its retail and investment banks, according to three people with knowledge of the matter, a move that could make it easier to merge some or all of the group with rivals......»»

Category: topSource: reutersSep 12th, 2018

Exclusive: Deutsche Bank weighs overhaul of group structure - sources

Deutsche Bank's management is considering converting the German lender into a holding company, according to three people with knowledge of the matter, a move that could make it easier for its businesses to merge with rivals......»»

Category: topSource: reutersSep 12th, 2018

PillPack could accelerate Amazon"s move into healthcare, says Deutsche Bank

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: theflyonthewallSep 11th, 2018

Deutsche Bank to exit Eurostoxx 50 in blow to lender - documents

Deutsche Bank will be booted from the Eurostoxx 50 index of leading European stocks, documents seen by Reuters on Tuesday (September 4) showed, the latest blow to Germany's largest lender. Sonia Legg reports......»»

Category: videoSource: reutersSep 4th, 2018

Deutsche Bank to exit Eurostoxx 50 in blow to lender: documents

Deutsche Bank will be booted from the Eurostoxx 50 index of leading European stocks, documents seen by Reuters on Tuesday showed, the latest blow to Germany's largest lender......»»

Category: topSource: reutersSep 4th, 2018

A 10% fall in the pound, a surging FTSE 100, and a drastic move from the Bank of England: here"s how markets will react to a no-deal Brexit

REUTERS/Lucas Jackson A no-deal Brexit is ris.....»»

Category: topSource: businessinsiderAug 27th, 2018

Europe Markets: European shares tick higher, but bank stocks lower

European stocks rose modestly on Thursday, following some positive economic data from Germany and France, though trading was quiet as investors looked ahead to reports on Brexit negotiations......»»

Category: topSource: marketwatchAug 23rd, 2018

The List of Perks at Deutsche Bank Is Shrinking Fast

Not even fruit bowls are safe. The list of perks at Deutsche Bank AG is shrinking fast. Investment bankers at Germany's largest lender have been told to travel coach class on trains; fewer are able to.....»»

Category: europeSource: fortuneAug 9th, 2018

Bank of America staff move raises concerns over London"s future, FT 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: theflyonthewallAug 6th, 2018

Germany tightens cash transfer rules as Iran seeks funds

Germany's central bank is changing its terms and conditions to provide for deeper scrutiny of cash transfers, a move that comes as Iran seeks to repatriate cash held in a Hamburg-based bank and the U.S. presses allies to get tough on Tehran......»»

Category: topSource: foxnewsAug 4th, 2018

Deutsche Bank shifts euro clearing as post-Brexit landscape emerges

Deutsche Bank has moved the clearing of a "large part" of new euro-denominated derivatives trades from London to Frankfurt, as financial firms ramp up their Brexit preparations......»»

Category: topSource: reutersJul 30th, 2018

Deutsche Bank shifts key business away from London

Germany's largest lender confirmed Monday that it has moved a large part of its euro clearing activity from London to Frankfurt......»»

Category: topSource: cnnJul 30th, 2018

Deutsche Bank shifts key business away from London. Brexit could spark an exodus

Two years ago, London had a lock on a key financial business called euro clearing. Then came Brexit......»»

Category: topSource: moneyJul 30th, 2018