Germany S Biggest Bank
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Deutsche Bank To Lay Off 3,500 People After Drop In 2023 Profit
Germany's biggest lender Deutsche Bank on Thursday announced plans to slash 3,500 jobs as part of a major cost-cutting drive after its net profit fell in 2023.
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Germany's Deutsche Bank Shuts Down Its Operations In Russia
Germany's biggest lender Deutsche Bank said Friday it was following other international companies in shutting down its operations in Russia in protest of Moscow's invasion of Ukraine.
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Deutsche Bank Promises Faster Revamp As Braces For US Fine
Germany's biggest lender posted an unexpected quarterly profit, benefiting from a subdued rebound in bond trading.
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IMF Chief Gives Deutsche Bank Tough Advice, Says Need Deal On Fine
Christine Lagarde gave Deutsche Bank some tough advice, saying Germany's biggest lender needed to reform its business model and rapidly reach a deal with US regulators over a potentially huge fine.
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Deutsche Bank Opens Digital Factory, Hires 400 Specialists
Deutsche Bank opened a centre for software developers and IT and financial specialists here on Thursday, joining other lenders in developing products for digital banking.
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Deutsche Bank Shares Hit Record Low, Report Says Merkel Refuses State Aid
Shares in Deutsche Bank, Germany's biggest lender, hit a record low on Monday after reports at the weekend that Berlin had refused state aid for the embattled lender.
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Deutsche Bank to Cut Workforce by a Quarter: Report
That would bring the group's workforce down to around 75,000 full-time positions under a reorganisation being finalised by new Chief Executive John Cryan, who took control of Germany's biggest bank in July with the promise to cut costs.
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On Reform, Europe Asks Greece to Go Where Many Fear to Tread
Greece's new bail-out deal imposes a stiff dose of budget rigour and market deregulation which critics say few leaders of Western Europe's biggest nations have dared serve their own voters.
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Deutsche Bank Issues Video Warning to Employees to Behave
Deutsche Bank, Germany's biggest lender, has circulated a video to employees, warning them not to do anything to tarnish the group's reputation, a spokesperson confirmed on Thursday.
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Deutsche Bank manager suspended in forex probe: report
Deutsche Bank, Germany's biggest lender, has suspended a top saleswoman in an investigation into suspected foreign exchange rate manipulation, the Wall Street Journal reported on Thursday.
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World stocks, dollar rally on hopes for global growth
European stocks started with a spring in their step too, as confirmation that Germany saw robust growth last year prompted the biggest rise of the year so far for Frankfurt's DAX.
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Europe deepens union with ECB as chief bank watchdog
After more than 14 hours of talks and following months of tortuous negotiations, finance ministers from the European Union's 27 countries agreed to hand the ECB the authority to directly police the euro zone's biggest banks and intervene in smaller banks at the first sign of trouble.
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Deutsche Bank co-CEO drawn into widening tax evasion probe
Deutsche Bank co-chief executive Juergen Fitschen was drawn into a widening tax evasion probe of Germany's biggest lender on Wednesday as hundreds of police and tax inspectors raided the bank's offices.
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World stocks, euro dragged lower by grim economic data
As the monsoon continues to worry the agriculture sector and so the policy makers, the biggest immediate concern is for the hydro power sector. Country’s flagship hydro power company NHPC said that because of the delayed and weak monsoon, the hydro power production in the country is down by about 5 per cent. Though there is no need to press the p...
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Sarkozy, Merkel meet over debt crisis
The leaders of Germany and France, the eurozone's two biggest economies, said Sunday they have reached an agreement about how to strengthen Europe's shaky banking sector amid the region's debt crisis.
-
Deutsche Bank To Lay Off 3,500 People After Drop In 2023 Profit
Germany's biggest lender Deutsche Bank on Thursday announced plans to slash 3,500 jobs as part of a major cost-cutting drive after its net profit fell in 2023.
-
Germany's Deutsche Bank Shuts Down Its Operations In Russia
Germany's biggest lender Deutsche Bank said Friday it was following other international companies in shutting down its operations in Russia in protest of Moscow's invasion of Ukraine.
-
Deutsche Bank Promises Faster Revamp As Braces For US Fine
Germany's biggest lender posted an unexpected quarterly profit, benefiting from a subdued rebound in bond trading.
-
IMF Chief Gives Deutsche Bank Tough Advice, Says Need Deal On Fine
Christine Lagarde gave Deutsche Bank some tough advice, saying Germany's biggest lender needed to reform its business model and rapidly reach a deal with US regulators over a potentially huge fine.
-
Deutsche Bank Opens Digital Factory, Hires 400 Specialists
Deutsche Bank opened a centre for software developers and IT and financial specialists here on Thursday, joining other lenders in developing products for digital banking.
-
Deutsche Bank Shares Hit Record Low, Report Says Merkel Refuses State Aid
Shares in Deutsche Bank, Germany's biggest lender, hit a record low on Monday after reports at the weekend that Berlin had refused state aid for the embattled lender.
-
Deutsche Bank to Cut Workforce by a Quarter: Report
That would bring the group's workforce down to around 75,000 full-time positions under a reorganisation being finalised by new Chief Executive John Cryan, who took control of Germany's biggest bank in July with the promise to cut costs.
-
On Reform, Europe Asks Greece to Go Where Many Fear to Tread
Greece's new bail-out deal imposes a stiff dose of budget rigour and market deregulation which critics say few leaders of Western Europe's biggest nations have dared serve their own voters.
-
Deutsche Bank Issues Video Warning to Employees to Behave
Deutsche Bank, Germany's biggest lender, has circulated a video to employees, warning them not to do anything to tarnish the group's reputation, a spokesperson confirmed on Thursday.
-
Deutsche Bank manager suspended in forex probe: report
Deutsche Bank, Germany's biggest lender, has suspended a top saleswoman in an investigation into suspected foreign exchange rate manipulation, the Wall Street Journal reported on Thursday.
-
World stocks, dollar rally on hopes for global growth
European stocks started with a spring in their step too, as confirmation that Germany saw robust growth last year prompted the biggest rise of the year so far for Frankfurt's DAX.
-
Europe deepens union with ECB as chief bank watchdog
After more than 14 hours of talks and following months of tortuous negotiations, finance ministers from the European Union's 27 countries agreed to hand the ECB the authority to directly police the euro zone's biggest banks and intervene in smaller banks at the first sign of trouble.
-
Deutsche Bank co-CEO drawn into widening tax evasion probe
Deutsche Bank co-chief executive Juergen Fitschen was drawn into a widening tax evasion probe of Germany's biggest lender on Wednesday as hundreds of police and tax inspectors raided the bank's offices.
-
World stocks, euro dragged lower by grim economic data
As the monsoon continues to worry the agriculture sector and so the policy makers, the biggest immediate concern is for the hydro power sector. Country’s flagship hydro power company NHPC said that because of the delayed and weak monsoon, the hydro power production in the country is down by about 5 per cent. Though there is no need to press the p...
-
Sarkozy, Merkel meet over debt crisis
The leaders of Germany and France, the eurozone's two biggest economies, said Sunday they have reached an agreement about how to strengthen Europe's shaky banking sector amid the region's debt crisis.
