Deutsche Bank may exit some businesses, CEO says after profit miss
Deutsche Bank on Thursday posted a bigger-than-expected drop in fourth quarter and 2024 full-year profit as legal provisions and restructuring costs eroded revenue gains at its global investment banking division.
Deutsche Bank is a victim of its own success as it hikes cost guidance
Deutsche Bank delivered bad news on spending, and investors weren’t happy. Deutsche Bank on Thursday said it’s now targeting a cost-to-income ratio of below 65% this year, versus a previous target of below 62.5%, after a cost-to-income ratio of 76% in 2024.
Deutsche Bank profits collapse as German economy reels
Deutsche Bank has suffered a 92pc slump in its profits amid a major downturn in the German economy...
Deutsche Bank’s Heavier Costs Drag Shares Despite Investment Bank Strength
The lender’s better-than-expected performance in investment banking was overshadowed by a drop in profit and shares slumped as the company said it expects costs to remain heavy.
Deutsche Bank Traders Beat in Quarter Marred by Higher Costs
Deutsche Bank AG’s fixed-income traders closed out last year with the best fourth quarter on record as they benefited from volatility tied to the US elections in November and turbulence in European politics.
Deutsche Bank warns on costs as profits plunge
Deutsche Bank warned investors that costs in 2025 would be higher than expected after fourth-quarter profits plunged and the bank missed its 2024 cost target and analyst expectations as it was hit by litigation charges and higher-than-expected loan losses.
Deutsche Bank Launches Share Buyback as Costs Hit Profit
Germany’s largest lender by total assets will buy back shares and reported a worse-than-expected drop in profit due to well-flagged higher costs.
Deutsche Bank posts steeper-than-expected fall in fourth-quarter profit
Germany’s largest lender Deutsche Bank on Thursday reported weaker-than-expected profit that fell sharply on the quarter in the last three months of 2024. Net profit attributable to shareholders hit 106 million euros ($110.
Deutsche Bank shares drop 5% after quarterly profit falls, cost target scrapped
Legal provisions weighed on the bottom line at Germany's largest lender Deutsche Bank, with net profit falling in the fourth quarter.
Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target
Deutsche Bank on Thursday posted a bigger-than-expected drop in fourth quarter and 2024 full-year profit as legal provisions ...
Deutsche Bank CEO Says He May Shutter Units in Next Revamp
Deutsche Bank AG Chief Executive Officer Christian Sewing said the next steps in his strategic plan for the lender may involve cutting underperforming units to improve profitability.
Deutsche Bank has published a bunch of memes about DeepSeek
Deutsche Bank is Europe’s second-largest bank by assets. Measured by 2024 fees it’s the number-nine investment bank globally. Here are its first two memes in the slide deck it has sent to clients ...
Deutsche Bank CEO Joins Dimon, Solomon in Resisting DEI Attacks
The chief executive officer of Deutsche Bank AG joined his counterparts at JPMorgan Chase & Co. and Goldman Sachs Group Inc.
Sanofi upgraded to Hold at Deutsche Bank after ‘solid’ Q4 report
Deutsche Bank upgraded Sanofi (SNY) to Hold from Sell with a price target of EUR 100, up from EUR 85, following the company’s “solid” Q4 ...
Deutsche Bank’s Sewing to Cut Management Roles as Costs Rise
Deutsche Bank AG said it plans to reduce management roles and cut headcount over coming years, after higher-than-expected costs marred its results in the final months of last year.Most Read from Bloom ...
Deutsche Bank Q4 profit drops, hurt by litigation, other items
Deutsche Bank (NYSE:DB) stock slid 1.7% in Thursday morning trading after the German lender turned in Q4 profit that was heavily impacted by one-time items, chiefly litigation expenses. Net interest ...
Deutsche Bank Remains a Buy on Tesla (TSLA)
Deutsche Bank analyst Edison Yu maintained a Buy rating on Tesla (TSLA – Research Report) today and set a price target of $420.00. The ...
Deutsche Bank: Q4 Earnings Snapshot
FRANKFURT, Germany (AP) — FRANKFURT, Germany (AP) — Deutsche Bank AG (DB) on Thursday reported net income of $324.3 million in its fourth quarter. The bank, based in Frankfurt, Germany, said it had ...
Deutsche Bank: 35% Tangible Book Discount Even As Company Confirms 2025 Targets
Deutsche Bank derives 57% of its revenue from the Private Bank and Corporate Bank segments which saw weaker Q4 2024 profitability. Learn more on DB stock here.