|Bid||4.8000 x 4000|
|Ask||0.0000 x 4000|
|Day's Range||4.6299 - 4.8200|
|52 Week Range||4.6299 - 6.7600|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||-0.05|
|Expense Ratio (net)||0.75%|
Barclays Plc said on Thursday it hired Riaz Ladhabhoy, an investment banker from Deutsche Bank to be the co-head of internet banking in the Americas, a move that comes ahead of a wave of IPOs expected ...
Two Democratic U.S. Senators - one of whom is a presidential candidate - renewed their calls on Thursday for a probe by the Senate banking committee into Deutsche Bank laundering allegations, according to a letter seen by Reuters. The letter, sent by Senators Chris Van Hollen and Elizabeth Warren to Mike Crapo, chairman of the banking committee, requested a "thorough, detailed bipartisan Committee investigation into Deutsche Bank's compliance history, to be followed by a report and hearing".
Australia and New Zealand Banking Group and the local units of Citigroup and Deutsche Bank cannot properly respond to criminal cartel charges because they are still waiting for the prosecutor to detail its full case, a barrister for Citi told a packed Sydney courtroom on Tuesday. Australian authorities filed criminal charges in June against the trio and six senior bankers over the sale of A$3 billion ($2.17 billion) in ANZ shares in 2015, and subsequent trading by the underwriters. Citi's barrister, Rob Ranken, said it required full details of the allegations before the bank could prepare a defense.
The 23 percent decline in revenue from trading fixed-income and currencies compared with an average 17 percent drop among U.S. peers, according to Bloomberg Intelligence. To be fair, conditions in the fourth quarter were horrid, and news of more regulatory mishaps at Deutsche Bank meant clients appeared less keen to engage with the lender than with competitors. On Friday, Chief Executive Officer Christian Sewing sought to reassure investors and customers that no new legal matters have arisen in the order of magnitude that the bank has seen in recent years.
There have been numerous reports that Deutsche could merge with Commerzbank given that they are both big players in Germany. Over the last decade, Deutsche has struggled with fines and several failed restructuring attempts. Amid reports of a government-brokered merger with its rival, Deutsche Bank DBK-DE insists its fate is in its own hands.
The profit number of 341 million euros ($390 million) for 2018 failed to beat market consensus, with a Reuters poll of analysts predicting a figure of 461 million euros. For the fourth-quarter alone, the bank posted as loss of 409 million euros, which also failed to match estimates. Deutsche Bank posted its first full-year net profit since 2014 on Friday, despite a weak fourth quarter, amid growing merger speculation and a series of uphill struggles.