Deutsche Bank posts better-than-expected 10% rise in Q1 net profit FRANKFURT: Deutsche Bank posted on Thursday a better-than-expected 10% rise in first-quarter profit as a resurgence... Published 25 Apr, 2024 10:50am
Markets Asia stocks shaky ahead of Fed, yen hits 4-month low SYDNEY: Asian shares were hesitant on Wednesday on concerns the Federal Reserve could signal a slower path of rate... Published 20 Mar, 2024 10:27am
Markets Yen sinks as currency traders keep short and carry on SINGAPORE: The yen sagged to fresh lows on the euro, sterling and other crosses this week and headed for a fourth... Published 23 Feb, 2024 08:55am
Business & Finance Deutsche Bank no longer expects US recession in 2024 Deutsche Bank no longer expect the US economy to tip into recession this year, given cooling inflation and the labor... Published 06 Feb, 2024 01:41pm
Business & Finance Deutsche Bank to cut 3,500 jobs and reward shareholders FRANKFURT: Deutsche Bank said on Thursday it would cut 3,500 jobs, buy back shares and pay dividends, in its latest... Published 01 Feb, 2024 02:00pm
Business & Finance Bitcoin down 20pc from post-ETF highs LONDON: Bitcoin has fallen over one fifth since its peak earlier this month, hit after the United States approved ... Published 24 Jan, 2024 05:07am
Business & Finance Deutsche Bank declares PLS profit rates KARACHI: The Deutsche Bank has declared the following profit rates on PLS deposit for Jul-Dec, 2023. Type of... Published 19 Jan, 2024 05:37am
Markets European shares steady on mixed earnings PARIS: European shares ended flat on Wednesday amid mixed earnings reports, as a slump in shares of French payment... Published 26 Oct, 2023 06:08am
Markets Deutsche Bank Q3 profit falls 8%, but more optimistic on revenue FRANKFURT: Deutsche Bank on Wednesday posted a better-than-expected 8% drop in third-quarter profit, as revenue at... Published 25 Oct, 2023 11:15am
Business & Finance Shamshad meets Iranian FM, Deutsche Bank leadership ISLAMABAD: Federal Minister for Finance, Revenue and Economic Affairs Dr Shamshad Akhtar met with Finance Minister... Updated 14 Oct, 2023 08:59am
Markets European shares fall 1pc as bond yields surge PARIS: European shares sank to fresh six-month lows on Tuesday, dragged lower by rate-sensitive utilities and miners... Published 04 Oct, 2023 06:20am
Business & Finance Deutsche Bank profits fall as litigation charges weigh FRANKFURT: Deutsche Bank reported Wednesday a heavy fall in second-quarter profits as Germany’s biggest lender was... Published 31 Jul, 2023 06:43am
Business & Finance Foreign lenders in talks to finance part of Adani Group’s Ambuja debt BENGALURU: Barclays, Deutsche Bank AG and Standard Chartered are in talks to collectively lend between $600 million... Published 27 Jul, 2023 06:15pm
Markets Deutsche Bank flags cost cuts as investment bank slump lowers profit FRANKFURT: Deutsche Bank on Wednesday posted a 27% fall in second-quarter profit as investment banking revenue... Published 26 Jul, 2023 12:31pm
Business & Finance Deutsche Bank declares PLs rates KARACHI: Deutsche Bank has declared PLs rates June 30, 2023 .... Published 20 Jul, 2023 03:12am
Business & Finance Gazprom subsidiary files lawsuits against Deutsche Bank, Commerzbank MOSCOW: RusKhim-Alyans, a subsidiary of Russian gas giant Gazprom, has filed lawsuits seeking a total of 31 billion... Published 05 Jul, 2023 06:00am
Business & Finance Deutsche Bank plans to cut 10% of 17,000 German retail jobs FRANKFURT: Deutsche Bank is drawing up plans to cut 10% of its 17,000 German retail jobs over the next few years as... Published 22 Jun, 2023 07:03pm
Markets Australia, NZ dollars rebound from lows, await RBA’s line-ball rate decision SYDNEY: The Australia and New Zealand dollars rebounded from earlier dips on Monday, helped by China’s data showing... Published 05 Jun, 2023 11:48am
Business & Finance Deutsche Bank used big trades to raise cash in March turmoil Francesco Canepa and Tom Sims FRANKFURT: As banks came under mounting pressure in March, Deutsche Bank used big trades to give its cash buffers a... Published 29 May, 2023 04:27am
Business & Finance India’s Go First Airways owes financial creditors $798mn MUMBAI: Indian airline Go First, which filed for bankruptcy on Tuesday, owes financial creditors 65.21 billion... Published 03 May, 2023 10:29am
Markets European shares end higher on positive earnings PARIS: European shares ended higher on Thursday supported by positive earnings, especially reports from Deutsche ... Published 28 Apr, 2023 06:08am
Markets Deutsche Bank to cut 800 jobs after strong first quarter FRANKFURT: Deutsche Bank is to cut 800 jobs in a new cost-saving drive after reporting a bigger than expected rise... Published 27 Apr, 2023 02:18pm
Markets Hong Kong leads Asian markets higher on Alibaba boost HONG KONG: Asian stocks were broadly up on Wednesday to buck losses on Wall Street, led by massive gains for Chinese... Published 29 Mar, 2023 09:12am
Markets ECB’s Enria says Deutsche Bank’s selloff is a concern FRANKFURT: The European Central Bank’s top supervisor said on Tuesday he was concerned by a selloff in Deutsche Bank... Published 28 Mar, 2023 02:00pm
Markets Asian FX tumbles after turmoil in global banking system returns Asian currencies slipped at the start of the week, with the dollar standing firm on Monday after Germany’s largest... Published 27 Mar, 2023 11:19am
Print Banking stocks slide NEW YORK: Banking stocks fell again on Friday, with shares in German giant Deutsche Bank knocked by worries that... Published 25 Mar, 2023 06:25am
World EU leaders insist eurozone banking sector stable BRUSSELS: EU leaders and the head of the European Central Bank scrambled on Friday to reassure the markets that the... Published 24 Mar, 2023 08:38pm
Business & Finance Deutsche Bank settles lawsuit over $1.6bn Bernard Madoff claims NEW YORK: Deutsche Bank AG has settled a lawsuit in which it accused two offshore funds of reneging on an agreement... Published 24 Mar, 2023 06:10pm
Markets European stocks log strongest one-day gain PARIS: European shares on Tuesday posted their biggest single-day gain in nearly three months, helped by a resilient... Published 15 Mar, 2023 06:01am
Business & Finance Deutsche Bahn picks three banks to sell $20bn logistics unit FRANKFURT: German rail operator Deutsche Bahn has selected Goldman Sachs, Morgan Stanley and Deutsche Bank to run a... Published 13 Mar, 2023 06:15am
