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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......»»

Category: asiaSource: wsjApr 8th, 2018

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......»»

Category: topSource: washpostOct 30th, 2019

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......»»

Category: topSource: reutersOct 7th, 2019

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......»»

Category: topSource: washpostSep 19th, 2019

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......»»

Category: topSource: marketwatchSep 6th, 2019

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......»»

Category: topSource: reutersAug 20th, 2019

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......»»

Category: topSource: moneycentralAug 2nd, 2019

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......»»

Category: topSource: reutersAug 2nd, 2019

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......»»

Category: topSource: marketwatchJul 26th, 2019

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......»»

Category: videoSource: reutersJul 24th, 2019

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......»»

Category: topSource: reutersJul 24th, 2019

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......»»

Category: topSource: moneycentralJul 17th, 2019

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......»»

Category: topSource: moneycentralJul 17th, 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

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......»»

Category: topSource: moneycentralJul 11th, 2019

Pressure on Deutsche Bank bonds point to investor skepticism

Prices dip on German lender’s bonds sensitive to capital levels.....»»

Category: topSource: moneycentralJul 10th, 2019

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.....»»

Category: topSource: marketwatchJul 10th, 2019

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......»»

Category: videoSource: reutersJul 9th, 2019

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......»»

Category: topSource: reutersJul 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

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.....»»

Category: blogSource: benzingaJul 8th, 2019