FRANKFURT (Reuters) – Deutsche Bank (DBKGn.DE) said on Tuesday that reaching its 2022 return on equity target of 8% has become more ambitious due to…
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Deutsche Bank stumbles to big loss on road to reinvention
FRANKFURT (Reuters) – Deutsche Bank (DBKGn.DE) reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges faced by Chief…
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Big ax falls as Deutsche Bank to lay off 18,000 in $8.3 billion 'reinvention'
FRANKFURT/SYDNEY/HONG KONG/NEW YORK (Reuters) – Deutsche Bank laid off staff from Sydney to New York on Monday as it began to slash 18,000 jobs in…
View More Big ax falls as Deutsche Bank to lay off 18,000 in $8.3 billion 'reinvention'
Factbox: What Deutsche bankers are saying about the 18,000 global job cuts
HONG KONG (Reuters) – Whole teams within Deutsche Bank AG (DBKGn.DE) have been told their positions were gone on Monday, as the lender began axing…
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Deutsche Bank to cut 18,000 jobs in 7.4 billion euro overhaul
FRANKFURT (Reuters) – Deutsche Bank (DBKGn.DE) plans to cut 18,000 jobs in a sweeping, 7.4 billion euro overhaul designed to turn around Germany’s struggling flagship…
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U.S. regulators ask Deutsche Bank to explain 'bad bank' proposal: FT
(Reuters) – U.S. regulators have sought explanation from Deutsche Bank AG about its “bad bank” proposal and its impact on U.S. operations at the loss-making…
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Deutsche Bank, Khashoggi, Europe’s Fossil Fuels: Your Thursday Briefing
(Want to get this briefing by email? Here’s the sign-up.) Good morning. We’re covering new details in the killing of the Saudi dissident Jamal Khashoggi,…
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Some major Deutsche Bank investors want chairman to go early: sources
FRANKFURT (Reuters) – At least three major investors in Deutsche Bank want Chairman Paul Achleitner to step down early amid discontent with the bank’s turnaround,…
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Mueller, Venezuela, Deutsche Bank: Your Wednesday Briefing
(Want to get this briefing by email? Here’s the sign-up.) Good morning, We start today with Robert Mueller’s objection to the attorney general’s description of…
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Deutsche Bank and Commerzbank dispute origins of merger talks
FRANKFURT (Reuters) – Deutsche Bank and Commerzbank on Friday offered differing accounts of who initiated merger talks, disclosing a rift between the two banks a…
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German bank body: Deutsche Bank/Commerzbank merger wouldn't make commercial sense
BERLIN (Reuters) – The head of Germany’s BdB banking association said on Thursday that a merger of Deutsche Bank and Commerzbank did not make sense…
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UBS, Deutsche Bank in asset management merger talks: FT
(Reuters) – The asset management arms of Deutsche Bank AG and Swiss bank UBS Group AG are in “serious” merger talks, the Financial Times reported…
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Deutsche Boerse buys Axioma for $850 million to create index analytics business
FRANKFURT (Reuters) – Deutsche Boerse is buying risk management software provider Axioma for $850 million, the stock exchange operator said on Tuesday, and plans to…
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Germany's Scholz plays down government role in Deutsche merger talks: sources
BERLIN (Reuters) – German Finance Minister Olaf Scholz has played down the government’s role in talks about a possible merger between Deutsche Bank and Commerzbank,…
View More Germany's Scholz plays down government role in Deutsche merger talks: sources