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 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 ...
Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their ...
Shell reported a drop in fourth-quarter profit on Thursday, missing estimates due to lower refining margins and LNG trading, ...
A look at the day ahead in U.S. and global markets from Mike Dolan With Federal Reserve policy likely paused until midyear ...
Deutsche Bank reported on Thursday a sharp decline in profits for the final quarter of 2024, with net profit attributable to ...
Policymakers at the European Central Bank have a difficult balancing act to perform between stimulating growth and controlling inflation, according to Jamie Lindsay from Artemis. However, he told ...
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
The Federal Reserve held interest rates steady Wednesday after price increases ticked up over the past three months, ...
That’s the prediction of Bank of America economists who think Canada’s central bank will cut 25 basis points on Jan. 29 and ...
I didn't know whether to laugh or cry when I heard Keir Starmer tell businesses how his new "growth rule" would veto policies that fail to boost the economy.
UBS Group AG (NYSE:UBS) has started a series of job cuts in Switzerland, affecting both higher management levels and lower ...