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DB / Deutsche Bank Q3 net profit down 8%, but better than expected

Deutsche Bank Q3 net profit down 8%, but better than expected
Deutsche Bank posted an 8% drop in third-quarter profit that was not as steep as analysts had expected, as revenue at the investment bank slumped but grew at the retail and corporate divisions on the back of higher interest rates, figures on Wednesday showed. Read More
Posted: Oct 25 2023, 00:57
Author Name: Reuters
Views: 092057

DB News  

Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds

By CNBC
November 3, 2023

Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds

Wefox, which sells insurance plans online, raised $55 million in debt financing from Deutsche Bank and Unicredit, sources familiar with the matter tol more_horizontal

Don't worry about an AI bubble. It hasn't been the key driver for tech, says Deutsche Bank

By Market Watch
November 2, 2023

Don't worry about an AI bubble. It hasn't been the key driver for tech, says Deutsche Bank

The stock market is looking chipper again as bond yields slide on hopes the Federal Reserve is done raising interest rates. A well-received earnings r more_horizontal

Japan will exit negative interest rate policy in January 2024: Deutsche Bank

By CNBC International TV
November 2, 2023

Japan will exit negative interest rate policy in January 2024: Deutsche Bank

Sameer Goel of Deutsche Bank says that the Bank of Japan's negative interest rates "have to go" and predicts the central bank will make a policy move more_horizontal

Exonerated Deutsche Bank trader can pursue $150 mln lawsuit -US judge

By Reuters
October 31, 2023

Exonerated Deutsche Bank trader can pursue $150 mln lawsuit -US judge

A former Deutsche Bank trader whose conviction in New York for rigging a key interest rate benchmark was overturned can pursue a $150 million lawsuit more_horizontal

Deutsche Bank plans to close nearly half of Postbank branches -Financial Times

By Reuters
October 30, 2023

Deutsche Bank plans to close nearly half of Postbank branches -Financial Times

Deutsche Bank is planning to close up to half of its Postbank branches in the next two years, the German bank's new head of private banking told the F more_horizontal

China is on the right path but it isn't the right time to invest there yet: Deutsche Bank

By CNBC International TV
October 26, 2023

China is on the right path but it isn't the right time to invest there yet: Deutsche Bank

Stefanie Holtze-Jen of Deutsche Bank Private Bank says that China is "marching in the right direction" but momentum will only pick up when foreign inv more_horizontal

Deutsche Bank (DB) Beats Q3 Earnings and Revenue Estimates

By Zacks Investment Research
October 25, 2023

Deutsche Bank (DB) Beats Q3 Earnings and Revenue Estimates

Deutsche Bank (DB) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earn more_horizontal

Deutsche Bank shares surge as it promises more cash for investors

By CNN Business
October 25, 2023

Deutsche Bank shares surge as it promises more cash for investors

Shares in Deutsche Bank surged nearly 7% Wednesday after it said strong earnings meant it could pay out more cash to shareholders over the next two ye more_horizontal


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