Deutsche Bank on Thursday posted a bigger-than-expected drop in fourth quarter and 2024 full-year profit as legal provisions and restructuring costs eroded revenue gains at its global investment banking division.
Deutsche Bank AG said it plans to reduce management roles and cut headcount over coming years, after higher-than-expected costs marred its results in the final months of last year.Most Read from Bloom
Deutsche Bank reported solid Q4 results with €7.2 billion in revenue, driven by a 30% YoY jump in the investment bank. Read more about DB stock here.
Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their commitments to diversity, equity and inclusion programs.
Frieze announced the shortlist and judges of its sixth annual film awards, which celebrate young artists in Los Angeles.
Deutsche Bank AG Chief Executive Officer Christian Sewing said the next steps in his strategic plan for the lender may involve cutting underperforming units to improve profitability.
German bank's net profits fell 36% last year to $2.91 billion, while revenues grew 4% compared to 2023 - Anadolu Ajansı
Deutsche Bank (DB) announced plans for EUR 2.1 billion in further capital distributions to shareholders in 2025. The bank has received
Stock Market Updates: Benchmark equity indices opened on a positive note on Friday. The BSE Sensex started at 76,889, gaining 129.08 points or 0.17% from its previous close of 76,759.81. Similarly, the NSE Nifty50 opened 47.25 points or 0.20% higher at 23,296.75, compared to its prior close of 23,249.50.
Deutsche Bank’s asset manager DWS has named EY as its new group auditor despite taking the accounting firm to court for its involvement in the Wirecard scandal.
Marc Murtra’s emergence as Prime Minister Pedro Sánchez’s corporate fixer has drawn accusations of crony capitalism