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 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 62.5%, after a cost-to-income ratio of 76% in 2024.
Deutsche Bank profits collapse as German economy reels
Deutsche Bank has suffered a 92pc slump in its profits amid a major downturn in the German economy...
Deutsche Bank targets €32B revenue and below 65% cost-income ratio for 2025
Q4 2024 Management View CEO Christian Sewing highlighted 2024 as a transition year, with significant progress made in transforming the business model. Pre-provision profit increased by 19% year-on-year when adjusted for specific items,
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 warns on costs as profits plunge
Deutsche Bank warned investors that costs in 2025 would be higher than expected after fourth-quarter profits plunged and the bank missed its 2024 cost target and analyst expectations as it was hit by litigation charges and higher-than-expected loan losses.
Deutsche Bank may exit some businesses, CEO says after profit miss
Deutsche Bank on Thursday posted a bigger-than-expected drop in fourth quarter and 2024 full-year profit as legal provisions ...
Deutsche Bank CEO Joins Dimon, Solomon in Resisting DEI Attacks
The chief executive officer of Deutsche Bank AG joined his counterparts at JPMorgan Chase & Co. and Goldman Sachs Group Inc.
Deutsche Bank has published a bunch of memes about DeepSeek
Deutsche Bank is Europe’s second-largest bank by assets. Measured by 2024 fees it’s the number-nine investment bank globally. Here are its first two memes in the slide deck it has sent to clients ...
War On DEI: Deutsche Bank Stands ‘Firmly Behind’ Diversity Program As These Major Organizations Drop Them
Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their commitments to diversity, equity and inclusion programs.
Sanofi upgraded to Hold at Deutsche Bank after ‘solid’ Q4 report
Deutsche Bank upgraded Sanofi (SNY) to Hold from Sell with a price target of EUR 100, up from EUR 85, following the company’s “solid” Q4 ...
Deutsche Bank’s Sewing to Cut Management Roles as Costs Rise
Deutsche Bank AG said it plans to reduce management roles and cut headcount over coming years, after higher-than-expected costs marred its results in the final months of last year.Most Read from Bloom ...
Deutsche Bank: Bullish, But No Longer All-In
Deutsche Bank reported solid Q4 results with €7.2 billion in revenue, driven by a 30% YoY jump in the investment bank. Read more about DB stock here.
Deutsche Bank Remains a Buy on Tesla (TSLA)
Deutsche Bank analyst Edison Yu maintained a Buy rating on Tesla (TSLA – Research Report) today and set a price target of $420.00. The ...
Deutsche Bank: Q4 Earnings Snapshot
FRANKFURT, Germany (AP) — FRANKFURT, Germany (AP) — Deutsche Bank AG (DB) on Thursday reported net income of $324.3 million in its fourth quarter. The bank, based in Frankfurt, Germany, said it had ...
Deutsche Bank: 35% Tangible Book Discount Even As Company Confirms 2025 Targets
Deutsche Bank derives 57% of its revenue from the Private Bank and Corporate Bank segments which saw weaker Q4 2024 profitability. Learn more on DB stock here.