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Deutsche Bank may exit some businesses, CEO says
Deutsche Bank likely to exit from some businesses, says CEO
Germany-based Deutsche Bank's CEO Christian Sewing has indicated that the bank may consider exiting certain business segments. This comes after the bank reported decline in profits for the fourth quarter and the full year.
Deutsche Bank may exit some businesses, CEO says after profit miss
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.
Deutsche Bank May Exit Some Businesses | Costco To Raise Hourly Pay | The World Report
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.
1d
on MSN
Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target
Deutsche Bank on Thursday posted a bigger-than-expected drop in fourth quarter and 2024 full-year profit as legal provisions ...
1d
Deutsche Bank’s Sewing to Cut Management Roles as Costs Rise
Deutsche Bank AG said it plans to reduce management roles and cut headcount over coming years, after higher-than-expected ...
1d
Deutsche Bank: Bullish, But No Longer All-In
Deutsche Bank reported solid Q4 results with €7.2 billion in revenue, driven by a 30% YoY jump in the investment bank. Read ...
1d
on MSN
Deutsche Bank is a victim of its own success as it hikes cost guidance
Deutsche Bank delivered bad news on spending, and investors weren’t happy. Deutsche Bank on Thursday said it’s now targeting ...
1d
Deutsche Bank shares drop after quarterly profit falls, cost target scrapped
Legal provisions weighed on the bottom line at Germany’s largest lender Deutsche Bank, with net profit falling in the fourth ...
20h
on MSN
Sanofi upgraded to hold by Deutsche Bank
Deutsche Bank has upgraded Sanofi (NASDAQ:SNY) to hold from sell, citing the company's Q4 earnings report. The investment ...
Los Angeles Magazine on MSN
19h
Frieze Reveals the Shortlist and Jury for the 2025 Deutsche Bank Frieze Los Angeles Film Award
Frieze announced the shortlist and judges of its sixth annual film awards, which celebrate young artists in Los Angeles.
1d
Deutsche Bank plans EUR 2.1B in furthter capital distributions to shareholders
Deutsche Bank (DB) announced plans for EUR 2.1 billion in further capital distributions to shareholders in 2025. The bank has received ...
3d
on MSN
Exclusive-Deutsche Bank Talks on China JV End Over Disagreement on Control, Sources Say
A faxed request and phone calls for comment from the Chinese banking sector regulator, the National Financial Regulatory ...
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