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Deutsche Bank's Heavier Costs Drag Shares
Deutsche Bank’s Heavier Costs Drag Shares Despite Investment Bank Strength
The lender’s better-than-expected performance in investment banking was overshadowed by a drop in profit and shares slumped as the company said it expects costs to remain heavy.
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 a cost-to-income ratio of below 65% this year, versus a previous target of below 62.
Deutsche Bank posts steeper-than-expected fall in fourth-quarter profit
Germany’s largest lender Deutsche Bank on Thursday reported weaker-than-expected profit that fell sharply on the quarter in the last three months of 2024. Net profit attributable to shareholders hit 106 million euros ($110.
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 and restructuring costs eroded revenue gains at its global investment banking division.
Deutsche Bank posts steeper-than-expected Q4 profit fall and scraps cost target
Legal provisions weighed on the bottom line at Germany’s largest lender Deutsche Bank, with net profit falling in the fourth quarter.
2d
Exclusive: Deutsche Bank talks on China JV end over disagreement on control, sources say
Talks between Deutsche Bank , its asset management arm DWS and Chinese lender Postal Savings Bank of China (PSBC) over a ...
1h
Deutsche Bank AG (DB) Receives a Buy from Warburg Research
Warburg Research analyst Andreas Plaesier maintained a Buy rating on Deutsche Bank AG (DB – Research Report) today and set a price target of ...
6h
Empirical Financial Services LLC d.b.a. Empirical Wealth Management Has $515,000 Stock Holdings in U.S. Bancorp (NYSE:USB)
Empirical Financial Services LLC d.b.a. Empirical Wealth Management trimmed its stake in shares of U.S. Bancorp (NYSE:USB – ...
1d
Deutsche Bank Expected to Restart Buybacks -- Earnings Preview
Deutsche Bank is scheduled to report results for the fourth quarter of 2024 on Thursday, Jan. 30. It is also expected to announce a share buyback after last year's pause following a court decision on ...
3h
Deutsche Bank accelerating execution of Global Hausbank strategy
Deutsche Bank (DB) made further progress on accelerating execution of its Global Hausbank strategy on all dimensions during 2024: Revenue ...
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