DB - Deutsche Bank Aktiengesellschaft
| Previous Close | 11.08 |
| Open | 10.99 |
| Bid | 10.92 x 1100 |
| Ask | 10.93 x 4000 |
| Day's Range | 10.81 - 11.00 |
| 52 Week Range | 10.57 - 20.23 |
| Volume | 4,072,351 |
| Avg. Volume | 5,409,034 |
| Market Cap | 22.811B |
| Beta | 1.54 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2017-05-19 |
| 1y Target Est | N/A |
- Bloomberg Video•yesterday
Huge One Day Loss at Deutsche Bank Raises Red Flags
Jun.20 -- U.S. regulators have spent much of the past decade trying to get a better handle on beleaguered Deutsche Bank AG. A wild trading day earlier this year shows how hard that will be. Traders at the German lender’s U.S. unit suffered a one-day loss in the first quarter that was 12 times what internal risk officers estimated for regulatory purposes it might lose on a typical day, according to a previously unreported May filing. Bloomberg's Sonali Basak reports on "Bloomberg Markets: Balance of Power."
- Zacks•5 hours ago
Deutsche Bank to Pay $205M for Forex Trading Manipulation
The persistently low interest rate environment in the domestic economy weighs on Deutsche Bank (DB). Also, costs related to pending litigation issues might hamper its financials.
- The Wall Street Journal•19 hours ago
[$$] Deutsche Bank to Pay $205 Million Fine to End N.Y. Currency-Trading Probe
New York’s financial-services regulator said it fined Deutsche Bank AG $205 million over allegations it sought to manipulate currency prices and mislead clients while failing to protect confidential customer information. In a statement Wednesday, the regulator said Deutsche Bank traders and salespeople sought to skew foreign-exchange prices and charge excessive spreads. The civil investigation covered the years 2007 to 2013, during which Deutsche Bank was the world’s largest currency trader.
- Moody's•22 hours ago
First Midwest Bank -- Moody's assigns Counterparty Risk Ratings to bank subsidiaries of 60 US banking groups
Moody's Investors Service has today assigned local currency and foreign currency Counterparty Risk Ratings to the rated bank subsidiaries of 60 US banking groups. Moody's Counterparty Risk Ratings (CRRs) ...
- MarketWatch•yesterday
The auditor of Citi, Credit Suisse and Deutsche Bank was tipped off before regulatory inspection
Court filings: KPMG employees would receive bonuses if their engagements received no comments from inspectorsReutersFormer KPMG executives are on trial for obtaining confidential information about audit inspections. The auditor of some of the world’s largest banks including Citigroup, Credit Suisse and Deutsche Bank was tipped off before a regulator inspected them. It’s been previously reported that KPMG executives were able to extract from the regulator, the Public Company Accounting Oversight Board, confidential information ahead of inspections, and use that information to correct their work and at least in one instance, withdrawn an opinion.
- Associated Press•yesterday
Deutsche Bank fined $205 million for currency manipulation
New York regulators are slapping a $205 million fine on Deutsche Bank, following allegations that traders at Deutsche manipulated the foreign exchange market for years. Deutsche Bank is the latest Wall Street firm to face penalties for manipulating the $5.3 trillion currency market. Banks such as Barclays, Citigroup and several others have paid hundreds of millions of dollars in fines since the scandal broke several years ago.
Reuters•yesterdayDeutsche Bank to pay $205 million to settle NY currency rigging charges
Deutsche Bank AG has agreed to pay a fine of $205 million for violations of New York's banking laws, the state's department of financial Services said on Wednesday. Violations, that took place between ...
Reuters•yesterdayDeutsche Bank to pay $205 million to settle NY currency rigging charges
(Reuters) - Deutsche Bank AG (DBKGn.DE) has agreed to pay a fine of $205 million (155.8 million pounds) for violations of New York's banking laws, the state's department of financial Services said on Wednesday. ...
- Bloomberg•yesterday
Wild Trading Day at Deutsche Bank Raises Questions on U.S. Risk
U.S. regulators have spent much of the past decade trying to get a better handle on beleaguered Deutsche Bank AG. Traders at the German lender’s U.S. unit suffered a one-day loss in the first quarter that was 12 times what internal risk officers estimated for regulatory purposes it might lose on a typical day, according to a previously unreported May filing. Deutsche Bank’s U.S. trading loss was offset by related gains in London, according to people with knowledge of the bank’s operations.
- Bloomberg•yesterday
Deutsche Bank Settles New York Forex Probe for $205 Million
Deutsche Bank AG agreed to pay $205 million to settle a long-running investigation of its foreign exchange trading by New York’s banking superintendent, resolving one of several remaining regulatory issues that have dogged the bank in the U.S. Employees at the bank participated in multiparty chat rooms where they shared confidential client information, discussed the coordination of trading activity and attempted to manipulate foreign exchange prices or benchmark rates, according to New York’s Department of Financial Services. The bank acknowledged those actions, which occurred from 2008 through 2013, in a consent order filed Wednesday.
- Bloomberg•yesterday
Deutsche Bank Settles New York Forex Probe for $205 Million
Deutsche Bank AG agreed to pay $205 million to settle a long-running investigation of its foreign exchange trading by New York’s banking superintendent, resolving one of several remaining regulatory issues that have dogged the bank in the U.S. Employees at the bank participated in multiparty chat rooms where they shared confidential client information, discussed the coordination of trading activity and attempted to manipulate foreign exchange prices or benchmark rates, according to New York’s Department of Financial Services. The bank acknowledged those actions, which occurred from 2008 through 2013, in a consent order filed Wednesday.
- Financial Times•2 days ago
[$$] Deutsche Bank fined over ‘improper’ forex conduct
will pay $205m for violations of New York banking law stemming from its foreign exchange trading business, in the latest rap on the knuckles from US authorities for Germany’s biggest bank. The fine from the New York Department of Financial Services comes after the regulator found “improper, unsafe, and unsound conduct” in the German bank’s foreign exchange business between 2007 and 2013, when it was the world’s largest forex dealer. “Due to Deutsche Bank’s lax oversight in its foreign exchange business, including in some instances, supervisors engaging in improper activity, certain traders and salespeople repeatedly abused the trust of their customers and violated New York State law over the course of many years,” said Maria Vullo, financial services superintendent, in a statement on Wednesday.
- The Wall Street Journal•2 days ago
[$$] Lehman Brothers Claimants Mull Cashing Out
Deutsche Bank AG wants to buy out Lehman Brothers Inc. claimants as the defunct brokerage’s liquidation draws to a close. Deutsche Bank’s London branch beat out five other bidders competing to make a cash offer to holders of unsecured claims against the Lehman Brothers bankruptcy estate, according to court papers filed Monday by liquidating trustee James Giddens. Mr. Giddens is nearing the conclusion of a decade-long wind-down of Lehman Brothers, the brokerage unit of Lehman Brothers Holdings Inc. He is planning to distribute $170 million, his sixth payout, to creditors, which would bring recoveries on unsecured claims to 39.75 cents on the dollar from 39 cents.
- Financial Times•2 days ago
[$$] Deutsche Bank offloads $1bn in shipping loans
Deutsche Bank’s struggling corporate and investment bank has reduced its backlog of non-performing loans by more than a third in a single deal by selling $1bn (€870m) in toxic shipping loans to two investment funds. A spokesman for Germany’s biggest lender told the Financial Times that Deutsche was shedding “large parts” of its non-performing shipping loans, but did not disclose financial details on the deal. The loans are a legacy of the run-up to the financial crisis a decade ago, when German lenders were in an unsustainable lending spree to the shipping sector.
Reuters•2 days agoDeutsche Bank sells $1 billion ship loan portfolio to Oak Hill and Varde
Deutsche Bank (DBKGn.DE) is selling a $1 billion (758.9 million pounds) portfolio of legacy shipping loans to an entity owned by funds managed by Oak Hill Advisors and Varde Partners, it said on Tuesday. Deutsche Bank said it was not exiting ship financing. The loan bundle, which financial sources said included both performing loans and distressed assets, has a notional value of $1 billion.
- Zacks•3 days ago
Deutsche Bank to Divest Distressed Shipping Loan Portfolio
Deutsche Bank (DB) remains on track to remodel its business in order to improve financials.
- Benzinga•5 days ago
A Concerning Weakness In Bank Stocks
Coming into 2018, many traders expected the environment of rising interest rates, financial sector deregulation and a booming U.S. economy to create the perfect environment for bank stocks. Unfortunately, ...
Bloomberg•6 days agoThis German Fintech May Soon Be More Valuable Than Deutsche Bank
Wirecard is hovering close to a record 158.10 euros in Frankfurt, with shares gaining for a 13th day, marking its longest rising streak since an initial public offering in October 2000. Its 19.4 billion-euro ($22.5 billion) market valuation, just 470 million euros shy of Deutsche Bank’s, also makes it a candidate to join Germany’s DAX benchmark index of the 30 largest companies as early as September, when Deutsche Boerse AG conducts its regular index review.
Reuters•7 days agoDeutsche Bank sells $1 billion non-performing ship loan portfolio - sources
FRANKFURT/LONDON (Reuters) - Deutsche Bank (DBKGn.DE) has found a buyer for the bulk of its bad ship loans as it seeks to draw a line under sour investments in the sector and to start a fresh push in transport lending, people close to the matter said. Germany's flagship lender has agreed to sell a non-performing ship loan portfolio with a notional value of $1 billion (£752.5 million) to investors Oak Hill Advisors and Varde, one of the sources said. Deutsche Bank and Oak Hill declined to comment, while Varde was not immediately available for comment.
Reuters•7 days agoDeutsche Bank sells $1 billion non-performing ship loan portfolio: sources
FRANKFURT/LONDON (Reuters) - Deutsche Bank (DBKGn.DE) has found a buyer for the bulk of its bad ship loans as it seeks to draw a line under sour investments in the sector and to start a fresh push in transport lending, people close to the matter said. Germany's flagship lender has agreed to sell a non-performing ship loan portfolio with a notional value of $1 billion to investors Oak Hill Advisors and Varde, one of the sources said. Deutsche Bank and Oak Hill declined to comment, while Varde was not immediately available for comment.
- Moody's•8 days ago
Deutsche Bank AG, New York Branch -- Moody's assigns Counterparty Risk Ratings to rated bank subsidiaries and branches of HSBC Holdings plc, Deutsche Bank AG, BNP Paribas, Societe Generale, Credit Suisse Group AG, UBS Group AG, and to Barclays Bank PLC and its rated branches
Moody's Investors Service has today assigned Counterparty Risk Ratings to the rated bank subsidiaries and bank branches of seven large European banking groups: HSBC Holdings plc (HSBC), Deutsche Bank AG (DB), BNP Paribas (BNPP), Societe Generale (SG), Credit Suisse Group AG (CS), UBS Group AG (UBS), and to Barclays Bank PLC (BBPLC) and its rated branches. Additionally, Moody's assigned a long-term and short-term Counterparty Risk Assessment to UBS Limited at Aa3(cr), placed on review for upgrade/Prime-1(cr).
- Bloomberg•9 days ago
Deutsche Bank CEO Wants Cross-Border M&A But Says Time Not Ripe
Deutsche Bank AG Chief Executive Officer Christian Sewing played down the prospect of a merger with local rival Commerzbank AG, saying cross-border deals offer the best future for European banks. “The real chance of consolidation lies in crossing national borders in Europe,” Sewing told a conference audience composed of senior business people and lawmakers in Berlin, including Federal Economy Minister Peter Altmaier. Sewing played down as “speculation” the news, reported exclusively by Bloomberg last week, that a combination with Commerzbank AG has emerged as the preferred medium- to long-term strategic option among Deutsche Bank’s top echelons.
Reuters•9 days agoDeutsche Bank CEO says Europe must create conditions for banking consolidation
Europe needs to create the conditions for banking consolidation before the continent can form true European banking champions, Deutsche Bank's (DBKGn.DE) chief said on Tuesday. Christian Sewing, the new CEO of Germany's largest bank, said that the German and European markets were too fragmented, with disparate rules on insolvency, consumer protection, and mortgage securities. "We don't have a single market," Sewing told politicians in Berlin.
- Bloomberg•9 days ago
Citigroup Backs Key Deutsche Bank Investor After Rout
Citigroup Inc. jumped in as a financier for a key Deutsche Bank AG shareholder after Bank of America Corp. dropped out to pare potential risks linked to the German lender’s stock rout, people with knowledge of the matter said. Citigroup will finance a few hundred million euros for former Qatari Prime Minister Sheikh Hamad bin Jassim Al Thani’s margin loan after the value of his Deutsche Bank holding shrank, the people said, asking not to be named as details aren’t public. The rout in Deutsche Bank shares in recent weeks triggered a so-called “termination event” for the lender who had provided credit, backed by the stake, the people said.
- Simply Wall St.•11 days ago
When Can We Expect A Profit From Deutsche Bank Aktiengesellschaft (FRA:DBK)?
Deutsche Bank Aktiengesellschaft’s (DB:DBK): Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. With the latest financial year lossRead More...
