14

Sep

Deutsche Bank to hold crypto for institutional clients

By Elizabeth Howcroft LONDON, Sept 14 (Reuters) - Deutsche Bank has partnered with Swiss crypto firm Taurus to provide custody services for institutional clients' cryptocurrencies and tokenised assets, Taurus said…

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04

May

Deutsche Bank CEO not worried about a bank crisis in Europe

FRANKFURT, May 4 (Reuters) - Deutsche Bank Chief Executive Officer Christian Sewing said on Thursday that he was not worried about a banking crisis coming to Europe. Sewing, speaking at…

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27

Apr

UPDATED: Deutsche Bank to cut 800 jobs after strong first quarter

Job cuts in non-client facing jobs Deposits drop by 5%, seen recovering 11th quarter of profit Investment bank revenue falls By Tom Sims and Marta Orosz FRANKFURT, April 27 (Reuters)…

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24

Mar

No reason to doubt profitable Deutsche Bank, German chancellor says

Deutsche Bank is a very profitable bank and there is no reason to doubt its future, German Chancellor Olaf Scholz said on Friday in response to the sharp fall in the…

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18

Nov

Deutsche Bank CEO warns of ‘danger’ of European reliance on foreign banks

FRANKFURT, Nov 18 (Reuters) - Deutsche Bank DBKGn.DE Chief Executive Christian Sewing on Friday warned of the "danger" of European reliance on foreign banks, equating the threat to the region's…

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07

Sep

Deutsche Bank CEO warns on recession, China and U.S. banks

FRANKFURT, Sept 7 (Reuters) - Deutsche Bank chief Christian Sewing, painting a bleaker assessment of the Germany economy, on Wednesday warned that China was a considerable risk for the nation…

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14

Mar

European financial institutions turn their back on Russia

FRANKFURT/LONDON/ZURICH, March 14 (Reuters) - Deutsche Bank DBKGn.DE reversed course and said it would pull out of Russia completely while the London Stock Exchange LSEG.L suspended all its services in the country as Western governments impose…

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26

Jul

New COVID variants tops list of market concerns – Deutsche Bank sentiment survey

New COVID variants now tops the list of concerns for financial markets, followed by inflation and economic growth, according to Deutsche Bank's monthly market sentiment survey for July published on…

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01

May

Germany orders Deutsche Bank to do more to prevent money laundering

FRANKFURT, April 30 (Reuters) - The German financial regulator BaFin has ordered Deutsche Bank to enact further safeguards to prevent money laundering, BaFin said on Friday, a blow to the…

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12

Jan

Deutsche Bank drops Trump for future business – NYT

FRANKFURT (Reuters) - Deutsche Bank will not do business in the future with U.S. President Donald Trump or his companies in the wake of his supporters' assault on the U.S.…

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03

Jan

Deutsche Bank should play leading role in banking consolidation – CEO

BERLIN (Reuters) - Deutsche Bank is gaining in financial strength, putting Germany's largest lender in a position to play a leading role in European banking consolidation, CEO Christian Sewing was…

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08

Dec

Deutsche Bank to link management pay to sustainability targets

FRANKFURT, Dec 7 (Reuters) - Deutsche Bank on Monday said it planned to join a small number of financial institutions that link management pay to environmental, social and governance-related (ESG)…

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22

Oct

Deutsche Bank in talks to sell IT unit as it trims staff

Germany's Deutsche Bank is in talks to sell IT services division Postbank Systems, people with knowledge of the matter said on Thursday. A potential buyer is India's Tata Consultancy Services…

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21

Sep

Deutsche Bank: Global GDP to hit pre-COVID-19 levels in mid-2021

World economic output will return to its pre-pandemic level by mid-2021 after a stronger-than-expected economic bounce in recent months, Deutsche Bank said on Monday, but bloated debt levels and a…

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20

Jul

Son of judge overseeing Deutsche Bank-Epstein lawsuit shot dead by gunman

The son of a US judge overseeing a lawsuit against Deutsche Bank linked to its financial dealings with disgraced financier Jeffrey Epstein has been shot and killed in an attack…

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16

Sep

Deutsche Bank cuts probability of no-deal Brexit to 35% vs 50%

Deutsche Bank said on Monday it cut its probability that Britain will crash out of the European Union on Oct. 31 without a deal to 35% from 50% previously after…

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08

Jul

Midday Dispatch – Financial and Corporate News

Deutsche Bank laid off staff from Sydney to London on Monday as it began 18,000 job cuts in a 7.4 billion euro  “reinvention” which Germany’s largest lender said would mean…

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08

Jul

Deutsche Bank axes whole teams in Asia-Pacific

Whole teams in Deutsche Bank’s Asian operations were told their positions were gone on Monday, as the lender began axing 18,000 jobs globally in one of the biggest overhauls to…

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07

Jul

Deutsche Bank announces it is axing 18,000 jobs

Deutsche Bank announced Sunday it would cut 18,000 jobs – around one in five of its workforce – by 2022, as part of its new round of restructuring. The bank,…

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06

Jul

Deutsche Bank braced large layoffs

  The Financial Times reports that Deutsche Bank staff are bracing themselves for one of the most severe job culls in banking since Lehman Brothers collapsed a decade ago Indications…

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28

Jun

Deutsche Bank considering cutting 15,000 jobs

Deutsche Bank is considering cutting 15,000 to 20,000 jobs, or more than one in six full-time positions globally, the Wall Street Journal reported on Friday, citing people familiar with the…

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20

Jun

Deutsche Bank being investigated on whether they complied with Anti-Money laundering crimes

U.S. federal authorities are investigating whether Deutsche Bank AG complied with laws meant to stop money laundering and other crimes, the New York Times reported on Wednesday. Shares in Germany’s…

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20

Jun

Midday Corporate Dispatch – Financial and Corporate News

Italy will lower its structural deficit next year and is not seeking favors from the European Union, Prime Minister Giuseppe Conte has written in a letter to EU leaders as…

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17

Jun

Corporate Dispatch BeInformed End-Of-Day Roundup

Good evening, What follows are the main stories covered selected by our editorial team for today.   Egypt’s former president, Mohammed Morsi, dies in court, state TV says   Pete…

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17

Jun

Deutsche Bank to cut its US equity and trading units, creating a €50 billion ‘bad bank’

Deutsche Bank is readying a revamp and may shut or slash all equity and trading business outside of Europe, according to a report Sunday in the Financial Times newspaper. The…

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17

Jun

Midday Corporate Dispatch – Financial and Corporate News

Good afternoon, These are the salient Corporate and Financial news  for our first edition of the Midday Corporate Dispatch.   Bank of Valletta’s last correspondent bank for US dollars transactions…

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09

Jun

Fitch Ratings cuts Deutsche Bank’s credit rating

Fitch Ratings has cut Deutsche Bank’s credit rating, heaping further pressure on the German lender after shares slid to a new all time low this week. Fitch on Friday evening…

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21

May

Deutsche Bank denies report that it ignored warnings on suspicious ‘transactions’ by Trump

Deutsche Bank on Monday denied a report by The New York Times that alleged anti-money laundering specialists at Deutsche Bank AG in 2016 and 2017 recommended multiple transactions involving entities controlled…

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30

Apr

Trump, his family and private company asks court to prevent banks from responding to congress requests

President Trump, his three eldest children and his private company filed a federal lawsuit on Monday against Deutsche Bank and Capital One, in a bid to prevent the banks from…

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25

Apr

Deutsche Bank and Commerzbank Call Off Merger Talks

Deutsche Bank and Commerzbank, Germany’s two largest banks, called off widely criticized merger talks on Thursday, saying that they had concluded the risks of combining outweighed the benefits. But the…

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24

Apr

Deutsche Bahn asks for expressions of interest in Arriva

Reuters is reporting that German railway operator Deutsche Bahn has asked potential suitors of its British unit Arriva to express their interest in the asset by May 3. Request was…

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18

Mar

Deutsche Bank and Commerzbank in merger talks

Germany's two biggest banks, Deutsche Bank and Commerzbank, are in formal talks about a merger the two rival companies confirmed. The announcement caps months of speculation that the two struggling…

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04

Feb

European Parliament to probe Deutsche Bank possible involvement with money laundering by Danske Bank and dealings with Trump

European lawmakers on Monday will probe Deutsche Bank’s possible involvement with money laundering by Danske Bank — with their American counterparts watching closely as they investigate the German lender and…

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04

Dec

German criminal probe on Deutsche Bank zeroes in on tiny unit which was barely profitable and put up for sale in 2016

The business at the core of Deutsche Bank’s latest money laundering probe was tiny, barely profitable and earmarked for sale since early 2016, according to several people briefed on the…

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03

Dec

Deutsche Bank investors concerned about ongoing Panama Papers’ related criminal investigation

Investors in Deutsche Bank are concerned that the criminal investigation into the suspected money laundering activities of the lender’s wealth management unit will make it harder for chief executive Christian Sewing…

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29

Jun

Deutsche Bank fails US stress test

DW: German banking giant Deutsche Bank's US operations failed the Fed's second round of stress tests, the qualitative test. Of the big banks tested, 32 out of the 35 passed the…

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