Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target
Deutsche Bank on Thursday posted a bigger-than-expected drop in fourth quarter and 2024 full-year profit as legal provisions and restructuring costs eroded revenue gains at its global investment banking division.
Deutsche Bank’s Sewing to Cut Management Roles as Costs Rise
Deutsche Bank AG said it plans to reduce management roles and cut headcount over coming years, after higher-than-expected costs marred its results in the final months of last year.Most Read from Bloom
Deutsche Bank is a victim of its own success as it hikes cost guidance
Deutsche Bank delivered bad news on spending, and investors weren’t happy. Deutsche Bank on Thursday said it’s now targeting a cost-to-income ratio of below 65% this year, versus a previous target of below 62.5%, after a cost-to-income ratio of 76% in 2024.
Deutsche Bank’s Heavier Costs Drag Shares Despite Investment Bank Strength
Germany’s largest lender by total assets will buy back shares and reported a worse-than-expected drop in profit due to well-flagged higher costs.
Deutsche Bank may exit some businesses, CEO says after profit miss
The CEO of Deutsche Bank on Thursday said Germany's largest lender could exit some businesses after fourth quarter and full-year profit fell more than expected, with investment banking revenue gains eroded by legal provisions and restructuring costs.
Deutsche Bank shares drop after quarterly profit falls, cost target scrapped
Legal provisions weighed on the bottom line at Germany’s largest lender Deutsche Bank, with net profit falling in the fourth quarter.
Deutsche Bank profits collapse as German economy reels
Deutsche Bank has suffered a 92pc slump in its profits amid a major downturn in the German economy...
Deutsche Bank targets €32B revenue and below 65% cost-income ratio for 2025
Q4 2024 Management View CEO Christian Sewing highlighted 2024 as a transition year, with significant progress made in transforming the business model. Pre-provision profit increased by 19% year-on-year when adjusted for specific items,
GlobalData on MSN1d
Deutsche Bank likely to exit from some businesses, says CEO
Germany-based Deutsche Bank's CEO Christian Sewing has indicated that the bank may consider exiting certain business segments ...
Deutsche Bank's Q4 Results: Still Trading At A Discount
Deutsche Bank Aktiengesellschaft's Q4 results showed an 8.6% revenue increase but a 17% drop in pre-tax profit. Click here to ...
Germany economic meltdown as major bank's profits collapse
Deutsche Bank's profits plummeted by an astonishing 92%, as Germany's economy struggled. Profits attributable to shareholders ...
Deutsche Bank has published a bunch of memes about DeepSeek
Deutsche Bank is Europe’s second-largest bank by assets. Measured by 2024 fees it’s the number-nine investment bank globally. Here are its first two memes in the slide deck it has sent to clients ...
Deutsche Bank: Bullish, But No Longer All-In
Deutsche Bank reported solid Q4 results with €7.2 billion in revenue, driven by a 30% YoY jump in the investment bank. Read ...
Kepler Capital Sticks to Their Buy Rating for Deutsche Bank AG (DB)
In a report released on January 30, Nicolas Payen from Kepler Capital maintained a Buy rating on Deutsche Bank AG (DB – Research Report), with ...