Deutsche Bank’s profit tops estimates despite dip in trading revenue
Net profit attributable to shareholders in Q2 came in at €692m, from a loss of €77m a year earlier
Net profit attributable to shareholders in Q2 came in at €692m, from a loss of €77m a year earlier
German lender plans to allow staff work from home up to three days a week
Chief executive of German lender gives in to concerns over potential conflicts of interest
Affair adds to pressure on Deutsche chief executive Christian Sewing
Products were sold to clients who didn’t understand them, according to complaints
Cerberus floated Morgan Stanley veteran Kelleher’s name in effort to oust Achleitner
Germany’s largest lender also upgrades annual outlook
Bank chief warns of danger of extending state aid to shield economy from pandemic
Investors await Fed, US fiscal stimulus update
Bank’s CEO says aid is ‘almost an obligation’
Bank expects to report quarterly net income of €66m on revenue of €6.4 bn
Economic upheaval could hardly have come at a worse time for banks
Elimination of legal entity housing Deutsche domestic retail operations part of proposal
Germany’s troubled largest lender keeps Tier 1 ratio stable despite radical restructuring
Executive has held multiple roles in bank’s operations in Dublin, Frankfurt and London
The second-quarter loss compares with a profit of €401m a year earlier
Chief executive knew that nothing short of a radical overhaul would suffice
Germany’s biggest bank has spent more than €52m on departing senior executives
Lender embarks on most radical strategic overhaul in two decades
Bank expects restructuring charges of €7.4bn to pay for radical overhaul
Troubled bank plans to radically shrink investment banking operation
Germany’s biggest bank will shrink or shut its US equity and trading businesses
Christian Sewing indicates US equities arm among targets as share price slumps
Focus thought to be on clients of former Deutsche Bank unit in BVI
Deal would create European giant with €1.4 trillion of assets under management
Management board paid €55.7m in 2018 as broader bonus pool down 14%, due to job cuts
Deal would create euro zone’s second-largest lender with €1.9 trillion in assets and over 140,000 employees
Germany lectured the euro zone on its banks – now it’s having to look at one of its own
Cost cuts, scaling back of business keep eating into Europe’s largest investment bank
Blow to City as bank bows to ECB pressure and eyes moving 75% of its balance sheet
Review of Irish arm finds issues with fully identifying clients and their source of wealth
Chief executive upbeat on lender’s future prospects: ‘we’re headed in the right direction’
Despite Deutsche’s woes its franchise is attracting interest as London’s standing as a financial centre is threatened by Brexit
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