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- The loss at Germany's largest lender broke a profit streak of 15 consecutive quarters, in a setback for the bank's turnaround under CEO Christian Sewing. The bank also increased its forecast for possible credit losses, and its finance chief said the bank was unlikely to conduct a second share buyback this year, sending shares lower.
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Apr 29, 2024 · Deutsche Bank shares dropped Monday after the German lender said it may have to pay up to 1.3 billion euros, or about $1.4 billion, to shareholders in a rival bank it bought more than a...
Jul 24, 2024 · FRANKFURT (Reuters) -Deutsche Bank posted its first loss in four years in the second quarter after setting aside 1.3 billion euros ($1.41 billion) as a provision for an investor lawsuit,...
- What Happened with DB Stock
- Why It Matters
- What’s Next For Deutsche Bank
European stock markets are roiling today on news of the big sale in Deutsche Bank stock, as well as a 72.5 million share sale in fellow German lender Commerzbank (OTCMKTS:CRZBY). The sales represent more than 5% of the outstanding shares of the two German banks. Commerzbank stock is down 9% on the day in Germany following disclosure of the huge sal...
Global stock markets remain on tenterhooks and have been broadly sinking in recent days as investors try to come to terms with record inflation, rising interest rates, the Russian invasion of Ukraine, a resurgence of Covid-19 in China, and oil prices that continue to seesaw up and down. In Europe, markets are particularly jittery as Russia’s invasi...
It’s a bad day to be a shareholder of Deutsche Bank or Commerzbank. Shares of the two lenders look destined to fall further in the short term. Longer term, it will be interesting to know who sold the huge stakes in the two banks and why. In the meantime, European markets look likely to continue trending lower as they struggle to digest news of the ...
Mar 24, 2023 · Deutsche Bank shares closed down 8.5% on the German stock exchange after falling as much as 14%. That followed a steep rise in the cost to insure bondholders against the bank defaulting...
Mar 24, 2023 · Shares in Germany's Deutsche Bank fell by 14% at one point on Friday, with other lenders also seeing big losses.
Mar 24, 2023 · Shares in Germany's Deutsche Bank fell by 14% at one point on Friday, with other lenders also seeing big losses. London's FTSE 100 ended the day down 1.3%, while stock markets in Germany...
Mar 24, 2023 · March 24 (Reuters) - Shares of Germany's largest bank Deutsche Bank plunged on Friday as investors fretted that regulators and central banks have yet to contain the worst shock to the sector...
