Deutsche Bank AG (DBKGn.DE)
23 May 2018
* BNP Paribas CEO rules out large tie-ups (Updates with AGM vote results, share price)
* Italian stocks under fresh pressure (Adds details, closing prices)
FRANKFURT Deutsche Bank erroneously transferred 21 billion euros ($24.62 billion) to Macquarie in 2014, a spokesman said on Thursday, the latest such error to come to light.
FRANKFURT, May 24 Deutsche Bank erroneously transferred 21 billion euros ($24.62 billion) to Macquarie in 2014, a spokesman said on Thursday, the latest such error to come to light.
LONDON, May 24 (IFR) - Deutsche Bank is to cut a quarter of its equities sales and trading jobs as part of its wider plan to trim 7,000 positions across the bank to 90,000, with the main casualties in non-electronic roles and less lucrative parts of prime finance.
FRANKFURT Deutsche Bank is slashing more than 7,000 jobs to cut costs and restore profitability, while keeping its international reach as its new CEO seeks to reassure investors and clients. | Video
PARIS, May 24 BNP Paribas chief executive Jean-Laurent Bonnafe effectively ruled out a tie-up with struggling German rival Deutsche Bank on Thursday, saying the French lender is not considering any large takeovers or mergers.
* Equities trims so far not hurting revenue (Updates with quotes and details from speech at AGM)
FRANKFURT, May 24 Deutsche Bank's new chief executive, Christian Sewing, said generating revenue continues to be a challenge in the current quarter.
FRANKFURT, May 24 Deutsche Bank chairman Paul Achleitner on Thursday defended his decision to abruptly change top management last month.