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India

Tom Sims

Humbled Deutsche Bank faces battle in its own backyard

20 Aug 2019

FRANKFURT Online retailer Zalando is just the kind of fast-growing German business with foreign expansion plans that Deutsche Bank Chief Executive Christian Sewing needs to help drive the struggling lender's recovery.

Nach Vega-Absturz - Raumfahrt-Versicherung wird teurer

08 Aug 2019

London/Frankfurt Die Raumfahrt ist für die Versicherer ein Verlustgeschäft - das war schon vor dem jüngsten Absturz der "Vega"-Rakete mit einem Militärsatelliten der Vereinigten Arabischen Emirate an Bord so.

Space insurance costs to rocket after satellite crash

31 Jul 2019

LONDON/FRANKFURT Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which hit insurers with a record space market loss of 369 million euros ($411.21 million), insurance industry sources say.

Deutsche Bank stumbles to big loss on road to reinvention

24 Jul 2019

FRANKFURT Deutsche Bank reported a bigger than forecast quarterly loss of 3.15 billion euros ($3.5 billion), underlining the challenges faced by Chief Executive Christian Sewing as he attempts to turn around the struggling business. | Video

New man on the board to clean up Deutsche Bank's act

17 Jul 2019

FRANKFURT The Qatari-backed lawyer tasked with trying to draw a line under Deutsche Bank's regulatory scandals has risen rapidly at the German bank, jumping to the management board after three years as a "sparring partner" on the bank's supervisory body.

Skeptical Deutsche Bank investors to grill Sewing on revamp roadshow

10 Jul 2019

LONDON/FRANKFURT Deutsche Bank shareholders will quiz Chief Executive Christian Sewing on how he plans to deliver on revenue growth targets during a global roadshow to win their backing for a 7.4 billion euro ($8.4 billion) 'reinvention' of the lender.

Sewing faces sceptical Deutsche Bank investors on revamp roadshow

10 Jul 2019

LONDON/FRANKFURT Deutsche Bank investors will press Chief Executive Christian Sewing on how he will deliver on revenue growth targets during a global roadshow to win backing for his 7.4 billion euro ($8.4 billion) 'reinvention' plan.

Doubts over Deutsche Bank turnaround plan dent shaky shares

10 Jul 2019

LONDON/FRANKFURT Deutsche Bank shares extended losses on Tuesday on investor doubts that its chief executive can revive the lender by shrinking the investment bank and returning to its roots as banker to corporate Germany. | Video

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