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 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 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 may exit some businesses, CEO says after profit miss
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: 35% Tangible Book Discount Even As Company Confirms 2025 Targets
Deutsche Bank derives 57% of its revenue from the Private Bank and Corporate Bank segments which saw weaker Q4 2024 profitability. Learn more on DB stock here.
Deutsche Bank posts weaker than expected profits in 2024
German bank's net profits fell 36% last year to $2.91 billion, while revenues grew 4% compared to 2023 - Anadolu Ajansı
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 Earnings: Stock Falls After Lender Warns on Costs
Germany's biggest bank is struggling to keep costs down. Deutsche Bank stock fell Thursday, after the lender said spending would eat up a higher proportion of income this year than it had previously expected.
Deutsche Bank reports Q4 profit before tax EUR 583M
Profit before tax of EUR 583M, down 17%, after absorbing EUR 594M of specific litigation items. Revenues of EUR 7.2B, up 8% over prior year
Deutsche Bank CEO Joins Dimon, Solomon in Resisting DEI Attacks
The chief executive officer of Deutsche Bank AG joined his counterparts at JPMorgan Chase & Co. and Goldman Sachs Group Inc.
War On DEI: Deutsche Bank Stands ‘Firmly Behind’ Diversity Program As These Major Organizations Drop Them
Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their commitments to diversity, equity and inclusion programs.
Deutsche Bank ‘on track’ to achieve EUR 2.5B in savings from efficiency program
Deutsche Bank (DB) reaffirms its target for RoTE of above 10% in 2025. The bank reaffirms its 2025 revenue goal of around EUR 32 billion, not ...
Deutsche Bank’s Heavier Costs Drag Shares Despite Investment Bank Strength
The lender’s better-than-expected performance in investment banking was overshadowed by a drop in profit and shares slumped ...