DB - Deutsche Bank Aktiengesellschaft
| Previous Close | 7.11 |
| Open | 7.16 |
| Bid | 7.17 x 45900 |
| Ask | 7.29 x 43500 |
| Day's Range | 7.13 - 7.19 |
| 52 Week Range | 7.13 - 13.17 |
| Volume | 3,116,470 |
| Avg. Volume | 5,184,053 |
| Market Cap | 14.848B |
| Beta (3Y Monthly) | 1.33 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.12 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | 2017-05-19 |
| 1y Target Est | 7.23 |
- Zacks•20 hours ago
Why Is Deutsche Bank (DB) Down 14% Since Last Earnings Report?
Deutsche Bank (DB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Financial Times•yesterday
Deutsche Bank braced for loss of investment bank chief
Deutsche Bank’s top investment banker could quit the lender because of disagreements over cuts and a lack of support from shareholders, say senior figures at the bank. Garth Ritchie is worried by the radical cuts to his business proposed by group chief executive Christian Sewing, and is concerned that some of the plans could backfire, the people said. Two people who attended the bank’s internal drinks reception after the meeting said that Mr Ritchie discussed with Mr Sewing and chairman Paul Achleitner whether the vote was as damaging for him as a similarly poor 2015 vote had been for then-CEO Anshu Jain.
- Zacks•3 days ago
Deutsche Targets Further Cost Cutting in U.S. Equities Unit
Deutsche Bank (DB) aims to improve profitability by undertaking cost cuts in the U.S. unit due to muted performance of the investment banking.
- Financial Times•3 days ago
Deutsche Bank shows why we need to snoop on the snoopers
Two stories on Deutsche Bank in the past few days highlighted two different types. there was a glitch in the software it used to look for red flags in transactions. Deutsche cannot say what criminal activity may have slipped through the cracks.
- Financial Times•3 days ago
Deutsche Bank cannot afford further delay to overhaul
Deutsche Bank’s long-suffering shareholders have delivered a clear message to Germany’s biggest lender. Barely three-quarters of shareholders who voted supported directors, with an unusually low tally of 34 per cent of investors bothering to cast a vote. Paul Achleitner, the supervisory board chairman who has overseen four chief executives and an aggregate 75 per cent drop in the share price since he arrived in the role in 2012, could soon be forced to find his own successor.
- Financial Times•3 days ago
Why Facebook wants to launch its own currency
If any company can take a cryptocurrency mainstream, it is Facebook. Facebook’s answer, according to several people familiar with its secretive “Libra” project, will be to try to launch a “stablecoin”, a digital currency pegged to the dollar. If successful, the Facebook coin could not only allow payments and transfers within the Facebook empire, but could also be stored on digital wallets and spent in shops, or exchanged into traditional currencies.
- Reuters•4 days ago
Deutsche Bank plans cuts in U.S. equities, prime unit - sources
Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy about its performance, four sources familiar with the matter told Reuters. Chief Executive Officer Christian Sewing told shareholders at the bank's annual meeting on Thursday it was prepared to make "tough cutbacks" at its investment bank. The bulk of the anticipated U.S. cuts will come from its money-losing equities business, which includes cash equities trading.
- Reuters•4 days ago
Deutsche Bank plans cuts in U.S. equities, prime unit: sources
Deutsche Bank is planning cuts at its U.S. equities business, including prime brokerage and equity derivatives, to win over shareholders unhappy about its performance, four sources familiar with the matter told Reuters. Chief Executive Officer Christian Sewing told shareholders at the bank's annual meeting on Thursday it was prepared to make "tough cutbacks" at its investment bank. The bulk of the anticipated U.S. cuts will come from its money-losing equities business, which includes cash equities trading.
- TheStreet.com•4 days ago
Limbo Time: How Low Can Deutsche Bank Go?
Deutsche Bank has been in a downtrend for more than seven years, and the decline does not appear over. We spent some time today tweaking our point and figure chart to come up with a new, lower price target.
- Reuters•4 days ago
Deutsche Bank CEO pledges tough investment bank cuts as shares hit low
Deutsche Bank's chief executive promised shareholders "tough cutbacks" at its underperforming investment bank on Thursday as he battled to convince them he can turn around Germany's biggest lender, whose shares hit a record low. Ranked as one of the most important banks in the global financial system, the bank has been plagued by failed regulatory tests, ratings downgrades, multi-billion dollar fines and management upheavals, with investment banking often the culprit. Although Deutsche Bank posted its first profit in four years in 2018, it faces tough questions over its scrapped merger talks with Commerzbank, and some top shareholders had called for chairman Paul Achleitner to quit.
- Reuters•4 days ago
Deutsche Bank chairman survives vote to remove him from office
FRANKFURT (Reuters) - Deutsche Bank Chairman Paul Achleitner on Thursday survived an effort to remove him from office. Only 9.75% of shareholders at the bank's annual general meeting voted in favour of ...
- Zacks•4 days ago
Canadian Imperial (CM) Q2 Earnings Rise, Stock Down 4.5%
Canadian Imperial Bank of Commerce's (CM) second-quarter fiscal 2019 results indicate improved non-interest income, partly offset by rise in provisions, expenses and lower net interest income.
- Financial Times•4 days ago
Deutsche Bank chief prepares shareholders for ‘tough cutbacks’
Deutsche Bank’s chief executive Christian Sewing is preparing a radical overhaul of its ailing corporate and investment bank, telling shareholders that the German lender is prepared “to make tough cutbacks”. Mr Sewing, in charge during a 13-month slide of 40 per cent in the share price of Germany’s largest lender, did not disclose his plans in detail.
- TheStreet.com•4 days ago
Deutsche Bank Hits Fresh Record Low; CEO Sewing Vows 'Tough Cutbacks' at AGM
shares hit a fresh record low Thursday as CEO Christian Sewing vowed t make "tough cutbacks" at the struggling lender during a speech to investors at the bank's annual general meeting in Frankfurt. It's also embroiled in a political tug-of-way between President Donald Trump and Democratic lawmakers in the House and Senate over his dealings with the bank and the possible connection to Russian interests leading up to the 2016 Presidential elections. Sewing, however, centered his address to shareholders on the bank's return to profitability, and turnaround efforts for its loss-making equities and prime brokerage divisions.
- Financial Times•4 days ago
JPMorgan Chase drops Purdue Pharma as a client
JPMorgan Chase has dropped its client Purdue Pharma, the OxyContin maker, which has been accused in thousands of lawsuits of fuelling the US opioid crisis. , was forced to find a new bank after JPMorgan told the pharmaceuticals company that it was cutting ties because of rising reputational risk, according to people familiar with the matter. JPMorgan did not lend to Purdue but managed its cash and bills, the person said.
- Financial Times•4 days ago
Why China doesn't want to breach its renminbi red line
Since the Trump administration announced new tariffs on Chinese imports and Beijing retaliated with its own earlier this month, China's currency has weakened to Rmb6.9 per dollar. With trade tensions elevated, the further depreciation has sparked fears that the renminbi will soon cross the all-important, psychological level of Rmb7.0 per dollar.
- CNBC•4 days ago
Deutsche Bank CEO speaks of 'tough cutbacks' at contentious shareholder meeting
The embattled German lender saw its share price hit a record low Monday, down nearly 5% since the start of the year.
- MarketWatch•5 days ago
Federal judge declines to block subpoena seeking Trump records from Deutsche Bank, Capital One
A federal judge in New York refused Wednesday to block congressional subpoenas seeking financial records from two banks that did business with President Donald Trump.
- Bloomberg•5 days ago
Mnuchin to Review Deutsche Bank's Suspicious Activity Reporting
Mnuchin told House lawmakers Wednesday that he’s going to direct the Treasury unit that polices money laundering, the Financial Crimes Enforcement Network, to ensure Deutsche Bank is following the rules for filing suspicious activity reports, also known as SARS.
- Reuters•5 days ago
Commerzbank open to M&A after Deutsche Bank talks collapse
Commerzbank may refine its strategy and is still open to mergers following the collapse of talks with its larger rival Deutsche Bank, the lender's chief executive said on Wednesday. CEO Martin Zielke told shareholders that the talks with Deutsche "showed where we should possibly sharpen our strategy". "We will be able to say more about this in the autumn," Zielke said at the bank's annual shareholder meeting.
- CNBC Videos•3 days ago
Deutsche Bank CEO scrapes win in shareholder confidence vote
CNBC's Annette Weisbach outlines the outcome of Deutsche Bank's annual general meeting on Thursday.
- CNBC Videos•4 days ago
Deutsche Bank falling behind European competitors, expert says
Stefan Muller, CEO of the German Institute for Asset and Equity Allocation and Valuation, discusses the outlook for Deutsche Bank as the lender holds its annual general meeting.
- CNBC Videos•4 days ago
Deutsche Bank doesn't have a profitable core business, strategist
Ali Miremadi, investment director for global equities at GAM, discusses the investment case for German lenders Deutsche Bank and Commerzbank.
