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Deutsche Bank AG (DBKGn.DE)

DBKGn.DE on Xetra

9.77EUR
20 Aug 2018
Change (% chg)

€0.01 (+0.09%)
Prev Close
€9.76
Open
€9.82
Day's High
€9.90
Day's Low
€9.70
Volume
8,754,697
Avg. Vol
17,394,167
52-wk High
€17.12
52-wk Low
€8.76

Latest Key Developments (Source: Significant Developments)

Deutsche Bank AG Files For Mixed Shelf Of Upto $15.0 Bln
Monday, 30 Jul 2018 

July 30 (Reuters) - Deutsche Bank AG ::DEUTSCHE BANK AG FILES FOR MIXED SHELF OF UPTO $15.0 BILLION - SEC FILING.  Full Article

Deutsche Bank names Muehlen strategic advisor to CEO -memo to staff
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Deutsche Bank Chief Executive says in memo to staff, seen by Reuters::ALEXANDER VON ZUR MUEHLEN TO ACT AS STRATEGIC ADVISOR TO CEO CHRISTIAN SEWING .DEUTSCHE BANK TO DISCONTINUE CORPORATE STRATEGY UNIT HEADED BY ALI ALMAKKY .DEUTSCHE BANK TEAM JOINT EXECUTION TRACKING HEADED BY MARCUS BREITBARTH ALREADY MOVED TO FINANCE UNIT IN Q1 .  Full Article

Deutsche Bank CEO Says Sees Revenue Rise at Global Transaction Bank
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Deutsche Bank AG CEO Christian Sewing in staff memo::SAYS GLOBAL TRANSACTION BANK APPEARS TO HAVE TURNED CORNER, EXPECT REVENUES TO INCREASE SEQUENTIALLY.SAYS BEING VERY CAREFUL TO DISTRIBUTE ACCRUALS FOR VARIABLE COMPENSATION MORE EVENLY ACROSS THE YEAR BY SETTING ASIDE A PROVISION PRUDENTLY IN EARLIER QUARTERS.  Full Article

Banco Sabadell Sells 2.30 Bln Euro Loan Portfolio To Deutsche Bank And Carval
Tuesday, 24 Jul 2018 

July 25 (Reuters) - Banco de Sabadell SA ::SAID ON TUESDAY IT HAD REACHED AN AGREEMENT FOR THE TRANSFER OF A PORTFOLIO OF LOANS WITH AN AGGREGATE OUTSTANDING BALANCE OF ABOUT 2.30 BILLION EUROS TO DEUTSCHE BANK AND TO CARVAL INVESTORS .TRANSACTION WILL CREATE A NEGATIVE IMPACT OF ABOUT 3 BASIS POINTS ON THE CAPITAL RATIO OF COMMON EQUITY TIER 1 (FULLY LOADED) OF THE BANK, WHICH WILL INCLUDE ADDITIONAL PROVISIONS WITH A NET IMPACT OF ABOUT 32 MILLION EUROS IN THE RESULTS.TRANSACTION WILL BE CLOSED ONCE THE RELEVANT AUTHORIZATIONS ARE OBTAINED AND THE RELEVANT CONDITIONS ARE FULFILLED.  Full Article

NY DFS Fines Deutsche Bank $205 Mln For Conduct in Foreign Exchange Trading Business
Wednesday, 20 Jun 2018 

June 20 (Reuters) - New York State Department Of Financial Services : :NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES - DEUTSCHE BANK AGREED TO PAY FINE OF $205 MILLION AS PART OF CONSENT ORDER FOR VIOLATIONS OF BANKING LAW.NY DFS - INVESTIGATION DETERMINED THAT FROM 2007 TO 2013 DEUTSCHE BANK ENGAGED IN "IMPROPER, UNSAFE, AND UNSOUND" CONDUCT IN FOREIGN EXCHANGE BUSINESS.  Full Article

ACCC Says Criminal Cartel Charges Laid Against ANZ, Citigroup & Deutsche Bank
Tuesday, 5 Jun 2018 

June 5 (Reuters) - Australian Competition and Consumer Commission::CRIMINAL CARTEL CHARGES LAID AGAINST ANZ, CITIGROUP AND DEUTSCHE BANK.CITIGROUP GLOBAL MARKETS AUSTRALIA PTY, DEUTSCHE BANK AKTIENGESELLSCHAFT, ANZ CHARGED WITH CRIMINAL CARTEL OFFENCES FOLLOWING ACCC INVESTIGATION .CRIMINAL CHARGES ALSO LAID AGAINST JOHN MCLEAN, ITAY TUCHMAN, STEPHEN ROBERTS OF CITIGROUP.CRIMINAL CHARGES ALSO LAID AGAINST MICHAEL ORMAECHEA & MICHAEL RICHARDSON FORMERLY OF DEUTSCHE BANK & RICK MOSCATI OF ANZ.CHARGES INVOLVE ALLEGED CARTEL ARRANGEMENTS RELATING TO TRADING IN ANZ SHARES HELD BY DEUTSCHE BANK AND CITIGROUP.  Full Article

84.4 Percent Of Deutsche Bank Shareholders Vote To Ratify Actions Of Supervisory Board Chairman Achleitner For 2017
Thursday, 24 May 2018 

May 24 (Reuters) - Deutsche Bank AG ::84.4 PERCENT OF DEUTSCHE BANK SHAREHOLDERS VOTE TO RATIFY ACTIONS OF SUPERVISORY BOARD CHAIRMAN ACHLEITNER FOR 2017.9.05 PERCENT OF DEUTSCHE BANK SHAREHOLDERS VOTE IN FAVOR OF MOTION TO REMOVE CHAIRMAN PAUL ACHLEITNER FROM SUPERVISORY BOARD; 90.95 PERCENT AGAINST.  Full Article

Deutsche Bank Zeroes In On Plans For 10,000 Job Cuts - WSJ, Citing Sources
Wednesday, 23 May 2018 

May 23 (Reuters) - :DEUTSCHE BANK ZEROES IN ON PLANS FOR 10,000 JOB CUTS - WSJ, CITING SOURCES.DEUTSCHE BANK'S JOB CUT PLAN WILL LIKELY EXTEND INTO 2019 - WSJ, CITING SOURCES.  Full Article

Deutsche Bank 2018 restructuring costs to rise to 800 mln from 500 mln on new cuts
Thursday, 26 Apr 2018 

April 26 (Reuters) - Deutsche Bank AG executives say on Q1 analyst call::DEUTSCHE BANK CEO SAYS FIRST QUARTER PERFORMANCE UNDERSCORES NEED FOR IMMEDIATE ACTION.DEUTSCHE BANK CEO SAYS CALL TO ACTION IS SIMPLE: FOCUS, GROW REVENUE AND SIGNIFICANTLY REDUCE COSTS.DEUTSCHE BANK CEO SAYS FEELS CONFIDENT ON COST REDUCTIONS OF INTEGRATING POSTBANK.DEUTSCHE BANK CEO SAYS WE STILL HAVE AN UNACCEPTABLE COST POSITION.DEUTSCHE BANK CEO SAYS PLANNING A MATERIAL WORKFORCE REDUCTION THROUGH THE REST OF THE YEAR.DEUTSCHE BANK CFO SAYS SAYS WE APPEAR TO HAVE LOST SOME MARKET SHARE IN THE FIRST QUARTER IN FIC.DEUTSCHE BANK CFO SAYS THE ACTIONS WILL RESULT IN HIGHER SEVERANCE AND RESTRUCTURING COSTS; HOPE TO CHARGE THEM IN 2018; COSTS FOR RESTRUCTURING RAISED TO 800 MILLION EUROS FROM 500 MILLION EUROS.DEUTSCHE BANK CFO SAYS HOPE AND EXPECTATION IS RESTRUCTURING IS VIEWED A POSITIVE ON CREDIT RATINGS.DEUTSCHE BANK CFO SAYS WE REITERATE ROE TARGET OF 10 PERCENT.DEUTSCHE BANK CFO SAYS CUTS MAY SEE US GO DOWN IN GSIB RANKINGS.DEUTSCHE BANK CFO SAYS CUTS MAY ACCELERATE PATH TO ACHIEVING LEVERAGE RATIO TARGET.DEUTSCHE BANK CFO SAYS SAYS EXPECTS RELATIVELY MODEST NEAR-TERM ADJUSTMENTS IN RWA IN CIB, "DOUBLE-DIGIT, BUT NO SIGNIFICANT SHIFT IN VERY NEAR TERM".  Full Article

Deutsche Bank expects flat bond trading revenues in 2018
Thursday, 26 Apr 2018 

April 26 (Reuters) - Deutsche Bank says in Q1 report::DEUTSCHE BANK SAYS ASSET MANAGEMENT SEGMENT REPORTED NET ASSET OUTFLOWS OF 8 BILLION EUROS, REVENUES 10 PERCENT LOWER AT 545 MILLION EUR.DEUTSCHE BANK REITERATES EXPECTS REVENUES TO BE ESSENTIALLY FLAT IN 2018 COMPARED TO 2017.DEUTSCHE BANK SAYS OUTLOOK ALSO REFLECTS CURRENT ESTIMATES OF THE IMPACT OF ADJUSTMENTS TO OUR STRATEGY IN OUR CORPORATE & INVESTMENT BANK.DEUTSCHE BANK SAYS TARGETS A COMPETITIVE DIVIDEND PAY-OUT RATIO FOR THE FINANCIAL YEAR 2018 AND THEREAFTER.DEUTSCHE BANK SAYS FOR THE REMAINDER OF 2018 EXPECTS LITIGATION EXPENSES TO BE MEANING-FULLY HIGHER THAN IN Q1.DEUTSCHE BANK SAYS EXPECTS 2018 REVENUES IN SALES & TRADING FIC TO BE FLAT, IN EQUITIES TO BE LOWER, IN ORIGINATION & ADVISORY TO BE LOWER, IN GTB TO BE FLAT.DEUTSCHE BANK SAYS EXPECTS 2018 NON-INTEREST EXPENSES IN CORPORATE & INVESTMENT BANK TO BE ESSENTIALLY FLAT.  Full Article

MOVES-Credit Suisse forms new Wealth Management regions

ZURICH, Aug 16 Credit Suisse has appointed seven new regional managers at its International Wealth Management unit, cutting out a layer of upper management in its largest private banking business.