Deutsche Bank hopes to save €1.6bn (£1.4bn) from the cuts and has a long term aim to save €2.5bn overall. More job cuts are likely. Finance chief James von Moltke said: “To tell you we were ...
Deutsche Bank is considering cutting 15,000 to 20,000 jobs, or more than one in six full ... Sources told Reuters last week that the bank plans to cut the size of its U.S. equities business ...
Deutsche Bank AG Chief Executive Officer Christian Sewing said the next steps in his strategic plan for the lender may involve cutting underperforming units to improve profitability.
Deutsche Bank on Thursday posted a bigger-than-expected drop in fourth quarter and 2024 full-year profit as legal provisions ...
Deutsche Bank has suffered a 92pc slump in its profits amid a major downturn in the German economy. Germany’s largest lender on Thursday vowed to slash jobs after its profits attributable to ...
The Fed will likely pause its rate cuts this week. After that, uncertainty over Trump's tariff, immigration plans make ...
Deutsche Bank downgraded argenx (NASDAQ:ARGX) to Sell from Hold on Friday, citing a "clearly unfavorable" valuation setup despite the Dutch biotech's promising preliminary net sales results for Q4 ...