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Deutsche Bank AG (DBKGn.DE)

DBKGn.DE on Xetra

7.32EUR
1:57pm IST
Change (% chg)

€0.01 (+0.16%)
Prev Close
€7.31
Open
€7.35
Day's High
€7.35
Day's Low
€7.26
Volume
1,943,948
Avg. Vol
16,576,766
52-wk High
€10.63
52-wk Low
€5.78

Latest Key Developments (Source: Significant Developments)

Deutsche Bank Restructures Treasury Division
Tuesday, 27 Aug 2019 

Aug 27 (Reuters) - Deutsche Bank AG ::DEUTSCHE BANK RESTRUCTURES TREASURY DIVISION AND NAMES FRANÇOIS JOURDAIN AS HEAD OF TREASURY MARKETS AND INVESTMENTS.  Full Article

Deutsche Bank, UBS Explored European Banking Alliance- WSJ
Sunday, 25 Aug 2019 

Aug 25 (Reuters) - :DEUTSCHE BANK AND UBS EXPLORED EUROPEAN BANKING ALLIANCE - WSJ.DEUTSCHE BANK, UBS EXPLORED WAYS TO COMBINE BUSINESSES, INCLUDING TALKS AS RECENTLY AS MID-JUNE TO FORM ALLIANCE OF INVESTMENT-BANKING OPERATIONS- WSJ.DEUTSCHE BANK AND UBS DEAL TALKS IN JUNE NEVER COALESCED - WSJ.  Full Article

Deutsche Bank says speculation about future setup affected client business
Wednesday, 24 Jul 2019 

July 24 (Reuters) - Deutsche Bank CEO says in letter to staff::TOWARDS THE END OF THE QUARTER WE HAD TO DEAL WITH INCREASING SPECULATION ABOUT OUR FUTURE SETUP WHICH AFFECTED OUR CLIENT BUSINESS.  Full Article

UBS CEO: We Can't Have Price For Monetary Policy Paid By Shareholders
Tuesday, 23 Jul 2019 

July 23 (Reuters) - UBS ::CFO: EXPECT SLIGHTLY HIGHER OPERATIONAL COSTS IN H2 THAN IN H1.CEO: WILL ANALYSE THREE-YEAR PLAN AT END-Q3 AND WILL TAKE MARKET ENVIRONMENT AND INTEREST RATES INTO CONSIDERATION IN EVALUATING OUR GOALS.CEO ON POTENTIAL ADJUSTMENTS TO INVESTMENT BANK IN STRATEGIC REVIEW: WE'RE NOT THINKING ABOUT A REVOLUTION, EXPECT SERIES OF EVOLUTIONARY STEPS.CEO: BANK SAW LITTLE EVIDENCE SCANDAL AROUND ECONOMIST'S COMMENTS ON CHINA IMPACTED BUSINESS; NO IMPACT ON OUR COMMITMENT TO GREATER CHINA.CEO SAYS VERY PLEASED WITH ASSET MANAGEMENT PERFORMANCE, NO COMMENT ON MARKET RUMOURS.CEO, ASKED ABOUT IMPACT OF DEUTSCHE BANK'S INVESTMENT BANKING DOWNSIZE: OVERALL, UBS SEEING INCREASED SHARE OF WALLET IN INVESTMENT BANK, EXPECT TO SEE CONTINUED CONCENTRATION.CEO SAYS IN CONCRETE DISCUSSIONS REGARDING SEVERAL STRATEGIC PARTNERSHIPS, RELATED TO WEALTH MANAGEMENT, INVESTMENT BANKING AND COMBINATION OF BOTH.CEO SAYS WILL LOOK AT ANY ALTERNATIVES TO PROTECT MARGINS SHOULD MONETARY POLICY CHANGE; CAN'T HAVE PRICE FOR MONETARY POLICY PAID BY SHAREHOLDERS.CEO: WE MUST LOOK AT BALANCING SHAREHOLDER AND CLIENT INTERESTS, BUT IT WILL BE VERY DIFFICULT TO APPLY NEGATIVE INTEREST RATES TO RETAIL CLIENTS.CEO DECLINES COMMENT ON FUTURE OF CHIEF ECONOMIST PAUL DONOVAN, WHO WAS PREVIOUSLY PUT ON LEAVE OVER CHINESE PIG COMMENT.  Full Article

Deutsche Bank To Poach 13-Strong Team Of Ultra-Rich Bankers From Credit Suisse - FT
Tuesday, 16 Jul 2019 

July 16 (Reuters) - :DEUTSCHE BANK TO POACH 13-STRONG TEAM OF ULTRA-RICH BANKERS FROM CREDIT SUISSE - FT.  Full Article

Deutsche Bank: Neal Pawar Becomes Group CIO
Monday, 15 Jul 2019 

July 15 (Reuters) - DEUTSCHE BANK AG ::NEAL PAWAR JOINS DEUTSCHE BANK AS GROUP CHIEF INFORMATION OFFICER.  Full Article

Deutsche Bank Says Restructuring Actions Will Include A Workforce Reduction Of Approximately 18,000 Full-Time Equivalent Employees To Around 74,000 Employees By 2022
Sunday, 7 Jul 2019 

July 7 (Reuters) - Deutsche Bank AG ::DEUTSCHE BANK SAYS HAS ENTERED INTO A PRELIMINARY AGREEMENT WITH BNP PARIBAS TO PROVIDE CONTINUITY OF SERVICE TO ITS PRIME FINANCE AND ELECTRONIC EQUITIES CLIENTS.DEUTSCHE BANK SAYS RESTRUCTURING ACTIONS WILL INCLUDE A WORKFORCE REDUCTION OF APPROXIMATELY 18,000 FULL-TIME EQUIVALENT EMPLOYEES TO AROUND 74,000 EMPLOYEES BY 2022.DEUTSCHE BANK SAYS PRESIDENT KARL VON ROHR WILL TAKE ON RESPONSIBILITY FOR THE PRIVATE BANK AND ASSET MANAGEMENT (DWS).DEUTSCHE BANK SAYS CHIEF OPERATING OFFICER FRANK KUHNKE WILL GAIN RESPONSIBILITY FOR THE CAPITAL RELEASE UNIT AND FOR THE EUROPE, MIDDLE EAST AND AFRICA (EMEA) REGION.DEUTSCHE BANK SAYS CHIEF RISK OFFICER STUART LEWIS WILL ASSUME ADDITIONAL RESPONSIBILITY FOR COMPLIANCE AND THE ANTI-FINANCIAL CRIME UNIT.DEUTSCHE BANK SAYS JAMES VON MOLTKE WILL CONTINUE IN HIS ROLE AS CHIEF FINANCIAL OFFICER.DEUTSCHE BANK SAYS WERNER STEINMÜLLER REMAINS CEO OF THE ASIA-PACIFIC REGION.  Full Article

Deutsche Bank Faces Restructuring Costs Of Up To 5 Billion Euros - FT
Wednesday, 3 Jul 2019 

July 3 (Reuters) - :DEUTSCHE BANK FACES RESTRUCTURING COSTS OF UP TO 5 BILLION EUROS - FT.DEUTSCHE BANK PLAN TO SHRINK INVESTMENT BANK SET TO PUSH LENDER TO NET LOSS FOR THIS YEAR - FT.  Full Article

Deutsche Bank Looks to Shed Big Chunk of Wall Street Presence- WSJ
Tuesday, 2 Jul 2019 

July 2 (Reuters) - :DEUTSCHE BANK HELD TALKS WITH CITI,BNP,OTHERS THAT COULD INVOLVE TRANSFERRING TRADING TECHNOLOGY ,PIECES OF ONCE-VAUNTED PRIME BROKERAGE BUSINESS- WSJ.  Full Article

U.S. Fed Quizzes Deutsche On 'Bad Bank' Plans - FT
Monday, 24 Jun 2019 

June 23 (Reuters) - :U.S. FED QUIZZES DEUTSCHE ON 'BAD BANK' PLANS - FT.US REGULATORS HAVE ASKED SENIOR EXECUTIVES AT DEUTSCHE BANK TO EXPLAIN THEIR "BAD BANK" PROPOSALS- FT.  Full Article

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Ex-Deutsche Bank CEO Cryan to chair Man Group from January

LONDON British hedge fund Man Group said on Monday that the former Deutsche Bank chief executive John Cryan has been appointed chairman and will start his new role in January 2020, replacing Ian Livingston.