Deutsche Bank Faces Pressure to Address CEO Succession Plan
Deutsche Bank’s supervisory board faces turmoil and the prospect of losing its two co-heads of investment banking in coming weeks, ahead of a planned Sunday-evening meeting about the future of Chief Executive John Cryan......»»
Deutsche Bank Can’t Hide From the Truth
Just three months into a new restructuring plan, Christian Sewing may have to rein in expectations of what it will achieve......»»
Deutsche Bank in strategy shift to address tech woes
Deutsche Bank is creating a new technology division in a strategy shift designed to reduce complexity and lower costs while transforming systems that have held back the bank for years......»»
Deutsche Bank Faces Yet More Awkward Questions
The ECB is considering a probe of the bank for alleged trading in its own riskiest debt without approval. This is a big test for the regulator too......»»
The Wall Street Journal: China frees up $126 billion for lending with reserve-ratio cut
China’s central bank will unleash roughly 900 billion yuan ($126 billion) into the financial system, in an effort to boost lending as the world’s second-largest economy faces increasing pressure from a trade war with the U.S......»»
Humbled Deutsche Bank faces battle in its own backyard
Online retailer Zalando is just the kind of fast-growing German business with foreign expansion plans that Deutsche Bank Chief Executive Christian Sewing needs to help drive the struggling lender's recovery......»»
Deutsche Bank faces $1.1 billion bill to exit derivatives
Deutsche Bank has set aside more than 1 billion euros ($1.1 billion) to cover the cost of offloading derivatives in its 'bad bank,' or capital release unit, three sources at the bank told Reuters......»»
Exclusive: Deutsche Bank faces $1.1 billion bill to exit derivatives
Deutsche Bank has set aside over 1 billion euros ($1.1 billion) to cover the cost of offloading derivatives in its 'bad bank,' or capital release unit, three sources at the bank told Reuters......»»
Market Extra: Deutsche Bank pegs its derivatives exposure at about $22 billion — and faces challenges in shedding those assets
The bank’s book of derivatives has a bulging $50 trillion plus notional value. Its skin-in-the-game is far lower, but getting rid of derivatives is no easy task......»»
Deutsche Bank suffers $3.5 billion loss on road to reinvention
Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges it faces as it attempts to turn around its struggling business. David Pollard reports......»»
Deutsche Bank suffers $3.5 billion loss on road to reinvention
Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges it faces as it attempts to turn around its struggling business......»»
Deutsche Bank is cutting tech spending as digital revolution rages
At the heart of Chief Executive Officer Christian Sewing’s turnaround plan for Deutsche Bank AG is a contrarian bet: that he can cut spending on technology while gaining ground on the competition......»»
Deutsche Bank is cutting tech spending as digital revolution rages
At the heart of Chief Executive Officer Christian Sewing’s turnaround plan for Deutsche Bank AG is a contrarian bet: that he can cut spending on technology while gaining ground on the competition......»»
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.....»»
Deutsche Bank faces U.S. Justice Department probe of 1MDB deals
The U.S. Department of Justice is investigating Deutsche Bank AG as part of a broadened probe of Malaysia’s scandal-plagued 1MDB investment fund, according to a person with knowledge of the matter......»»
Pressure on Deutsche Bank bonds point to investor skepticism
Prices dip on German lender’s bonds sensitive to capital levels.....»»
Market Extra: Pressure on Deutsche Bank bonds point to investor skepticism over sweeping overhaul
Prices dip on German lender’s bonds sensitive to capital levels.....»»
Deutsche Bank shares tumble as deal doubts mount
Shares in Deutsche Bank tumbled for a second day on Tuesday. Analysts say there are growing doubts over a massive restructuring plan announced at the weekend. Julian Satterthwaite reports......»»
Doubts over Deutsche Bank turnaround plan dent shaky shares
Deutsche Bank shares extended losses on Tuesday on investor doubts that its chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker to corporate Germany......»»
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.....»»
Wall Street Skeptical Of Deutsche Bank"s Restructuring Plan
On Sunday, battered international investment bank Deutsche Bank AG (NYSE: DB) announced it will be exiting the equities business and cutting 18,000 jobs as part of an ag.....»»