Risk chief says overzealous banking regulation could ultimately cost continent tanks
Comments from Deutsche Bank’s asset manager come as Germany gears up for €500bn infrastructure blitz
Japanese group saw debts pile up as key customers Nissan and Stellantis struggled
Largest single severance payment of €11.2mn in pool split between 2,100 staff at seven banks since 2018
German lender’s retail business told investors it would fall short of long-standing goal for 2025
Stefan Hoops says trade war has triggered long overdue spending push on the continent
UBS, BNP Paribas, SocGen, Barclays and Deutsche Bank reported €13bn in combined first-quarter trading revenues
Germany’s largest lender boosted by strong performance in investment banking
Penalty against DWS imposed by German prosecutors follows $19mn settlement with US authorities in 2023
James von Moltke to be replaced by Morgan Stanley banker Raja Akram
Chief executive Christian Sewing says German lender needs to ‘turn around ship’ in its retail division
Former head of institutional clients brings case against former employer over alleged harm to his career
Exit or reduction in floorspace would mark latest retreat from docklands office district
One individual was paid about €18mn in 2024
German financial watchdog metes out second highest fine in its history
Top regulator was concerned about German lender’s credit risk management
Citi, HSBC, Morgan Stanley and Royal Bank of Canada agree to pay over £100mn
German lender has bulked up on back-office staff who do not generate revenue
Slaves to the algorithm
German watchdog BaFin set to conclude its own investigation in coming weeks
Marelli says it needs to fill ‘working capital gap’ as it grapples with $4.2bn in debt and falling demand from carmakers
Appointment by Deutsche Bank’s asset management arm to take effect after ban on new listed clients lifts
Lender’s statement highlights issues with predictability that help explain its lingering valuation discount
Reversion to the meme
Christian Sewing has ‘firm confidence’ lender will hit returns target this year as it reviews weaker units