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.
The CEO of Deutsche Bank on Thursday said Germany's largest lender could exit some businesses after fourth quarter and full-year profit fell more than expected, with investment banking revenue gains eroded by legal provisions and restructuring costs.
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
The chief executive officer of Deutsche Bank AG joined his counterparts at JPMorgan Chase & Co. and Goldman Sachs Group Inc. in challenging critics of DEI.
A faxed request and phone calls for comment from the Chinese banking sector regulator, the National Financial Regulatory Administration (NFRA), went unanswered due to the Lunar New Year holidays in China. PSBC also did not respond.
The Bank of England launched on Tuesday a new financial stability tool that insurers and pension funds can use during periods of turbulence in Britain's government bond market.