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      • In Europe, the banks hit by a sell-off from worried investors included Germany's Commerzbank, which saw shares fall about 5%. France's Societe Generale ended down about 6% while in the UK, Standard Chartered was the biggest faller, down more than 6%. Deutsche recovered from its steepest losses but still closed more than 8% lower.
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  2. May 17, 2022 · After a decade of scandal shaped by billions of euros in losses, a flurry of misconduct and compliance cases and boardroom battles it looked — just for a few hours at the end of April — as if the...

  3. Jan 15, 2024 · Investor hopes for a round of cost-cutting consolidation among beleaguered European banks have been repeatedly dashed. There is no reason to think that Deutsche is going to change that now. Lex...

  4. 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...

  5. The banking sector in Europe has shaken off the impact of the pandemic and in many ways it looks like nothing happened in the past two years at all. In Q1 2021, profitability, costs, efficiency levels, several capital and liquidity indicators were all similar to Q1 2019.

  6. Mar 24, 2023 · Over the past decade the German lender has been forced to stump up billions of dollars in fines for money laundering, bond mis-selling, interest rates manipulation, mortgage fraud and sanctions...

  7. Nov 9, 2017 · He felt humiliated in late 1994 when the German government picked Goldman Sachs, not Deutsche, to lead the global process of selling Deutsche Telekom — Europe’s biggest-ever privatisation.

  8. Mar 24, 2023 · FRANKFURT, Germany (AP) — Shares in Deutsche Bank fell sharply Friday, dragging down other major European banks and leading German Chancellor Olaf Scholz to express confidence in the country’s largest lender after fears about the global financial system sent fresh shudders through the market.

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