Deutsche Bank

Deutsche Bank expects Egypt’s economy to continue improvement

Wed, 12 Feb 2020 - 01:56 GMT

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.

Exclusive: U.S. digs deeper into Deutsche role in Danske money laundering scandal- sources

Mon, 02 Dec 2019 - 10:34 GMT

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's U.S. brokerage fined $1.4 million for reporting problems

Thu, 28 Jun 2018 - 07:39 GMT

Deutsche Bank declined to comment on the matter. The German bank did not admit nor deny the charges.

Deutsche Bank to cut thousands of staff in investment bank revamp

Thu, 24 May 2018 - 09:01 GMT

It said on Thursday it would reduce global headcount to well below 90,000 from the current 97,000.

Deutsche Bank to scale back investment bank as profits drop

Thu, 26 Apr 2018 - 08:01 GMT

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 may announce investment bank revamp on Thursday: report

Tue, 24 Apr 2018 - 07:39 GMT

Deutsche Bank AG may announce changes in the strategy of its investment banking unit on Thursday along with quarterly earnings.

Deutsche Bank board to discuss CEO and make decision on Sunday

Sun, 08 Apr 2018 - 07:49 GMT

Two people familiar with the matter told Reuters that a replacement for Cryan could be discussed at the meeting.

Deutsche Bank chairman to hold call with board over CEO: Handelsblatt

Sat, 07 Apr 2018 - 09:37 GMT

The possible replacement of Deutsche Bank Chief Executive John Cryan could be discussed on a call with board members scheduled on Sunday.

New York regulator asks Deutsche, other banks about Kushner loans

Thu, 01 Mar 2018 - 08:10 GMT

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 to hike bonuses to more than €1B for 2017: FAS

Sat, 27 Jan 2018 - 02:42 GMT

Deutsche Bank will hike annual bonus payments to more than 1 billion euros despite posting its third consecutive annual loss in 2017.

U.S. CFTC to fine UBS, Deutsche Bank, HSBC for spoofing, manipulation: sources

Sat, 27 Jan 2018 - 09:56 GMT

U.S. derivatives regulator will announce it has fined European lenders UBS, HSBC and Deutsche Bank for so-called “spoofing” and manipulation.

Deutsche Bank CEO sees far fewer than 4,000 Brexit-related moves: paper

Sat, 13 Jan 2018 - 10:48 GMT

Deutsche Bank’s chief executive expects to move far fewer than 4,000 jobs to Frankfurt following Britain’s departure from the EU.

Euro heads higher as ECB heads for the exit

Thu, 26 Oct 2017 - 11:27 GMT

The euro climbed for a third day and stocks slipped to a month low on Thursday.

Deutsche Bank in $220 mn Libor settlement with US states

Wed, 25 Oct 2017 - 10:30 GMT

Deutsche Bank has reached a $220 million settlement with 44 states and the District of Columbia who say the German lender manipulated interest rates.

GE declares financial closure of $250M substations in Egypt

Mon, 11 Sep 2017 - 11:55 GMT

The agreement was signed between both parties in July 2016, involving developing the substations in New Cairo, Beni Suef, Dakahlia and Ismailia.

Barcelona attack dents travel stocks as global sell-off prevails

Fri, 18 Aug 2017 - 07:42 GMT

European travel stocks fell sharply in early trading on Friday after a deadly attack in tourist hotspot Barcelona.

Deutsche Bank seals deal with Land Securities for new London HQ

Tue, 01 Aug 2017 - 12:26 GMT

Deutsche Bank has exchanged a pre-let agreement for its new City of London headquarters, the building's developer Land Securities said on Tuesday.

After $50B deal spree China's HNA to clear ownership questions

Mon, 24 Jul 2017 - 02:33 GMT

Privately-owned conglomerate HNA Group, one of China's most aggressive dealmakers, is shaking up its shareholding structure with a new.

Deutsche Bank gives Egypt’s economy ‘positive’ outlook

Wed, 07 Jun 2017 - 06:00 GMT

Global financial service provider Deutsche Bank has a positive near-term outlook for Egypt on strengthening the economy.