Egypt’s growth rate is expected to reach 5.8 percent and 5.9 percent in 2020 and 2021, respectively, up from 5.6 percent in fiscal year 2018/2019, Deutsche Bank expected.
The U.S. Department of Justice has in recent weeks stepped up its investigation into Deutsche Bank’s role in the 200 billion euro ($220 billion) Danske Bank money laundering scandal
Deutsche Bank declined to comment on the matter. The German bank did not admit nor deny the charges.
It said on Thursday it would reduce global headcount to well below 90,000 from the current 97,000.
The cuts will result in job losses and include a scaling-back of its business with hedge funds. The bulk of the cuts will focus on the United States and Asia.
Deutsche Bank AG may announce changes in the strategy of its investment banking unit on Thursday along with quarterly earnings.
Two people familiar with the matter told Reuters that a replacement for Cryan could be discussed at the meeting.
The possible replacement of Deutsche Bank Chief Executive John Cryan could be discussed on a call with board members scheduled on Sunday.
The New York State Department of Financial Servicesmade the requests to Deutsche Bank, Signature Bank and New York Community Bank for information on loans.
Deutsche Bank will hike annual bonus payments to more than 1 billion euros despite posting its third consecutive annual loss in 2017.
U.S. derivatives regulator will announce it has fined European lenders UBS, HSBC and Deutsche Bank for so-called “spoofing” and manipulation.
Deutsche Bank’s chief executive expects to move far fewer than 4,000 jobs to Frankfurt following Britain’s departure from the EU.
The euro climbed for a third day and stocks slipped to a month low on Thursday.
Deutsche Bank has reached a $220 million settlement with 44 states and the District of Columbia who say the German lender manipulated interest rates.
The agreement was signed between both parties in July 2016, involving developing the substations in New Cairo, Beni Suef, Dakahlia and Ismailia.
European travel stocks fell sharply in early trading on Friday after a deadly attack in tourist hotspot Barcelona.
Deutsche Bank has exchanged a pre-let agreement for its new City of London headquarters, the building's developer Land Securities said on Tuesday.
Privately-owned conglomerate HNA Group, one of China's most aggressive dealmakers, is shaking up its shareholding structure with a new.
Global financial service provider Deutsche Bank has a positive near-term outlook for Egypt on strengthening the economy.