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- 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 decade ago. A full €1.3 billion hit would erase almost all of the profit the bank recorded in the first quarter.
Mar 24, 2023 · Frankfurt-listed shares of Deutsche Bank dropped 7.5%, now down more than 25% since March 8, when confidence in the international banking system began to crumble.
- Derek Saul
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...
Feb 1, 2024 · FRANKFURT, Feb 1 (Reuters) - Deutsche Bank (DBKGn.DE) said on Thursday it would cut 3,500 jobs, buy back shares and pay dividends, in its latest pitch to investors that its turnaround remains...
Jun 17, 2024 · Deutsche Bank is counting on an aggressive hiring spree that has added more than 100 investment bankers in the past 18 months to start powering revenues and cut its reliance on bond trading. Since ...
Mar 24, 2023 · Deutsche Bank shares fell on Friday following a spike in credit default swaps Thursday night, as concerns about the stability of European banks persisted. The Frankfurt-listed stock was down...
Jul 20, 2023 · The US Federal Reserve slapped the German lender with a $186 million penalty Wednesday for failing to fix “unsafe and unsound practices” that it pledged to address as long ago as 2015.
Mar 24, 2023 · LONDON, March 24 (Reuters) - Deutsche Bank shares (DBKGn.DE) tumbled on Friday after the cost of insuring the bank's debt against the risk of default shot to more than four-year highs,...
