|Bid||0.00 x 40000|
|Ask||0.00 x 900|
|Day's Range||8.18 - 8.35|
|52 Week Range||7.62 - 14.92|
|Beta (3Y Monthly)||1.21|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.45|
Bargain hunters hope Deutsche Bank has the same idea. A 78 per cent stake in DWS, an asset manager with €662bn under management, might then be up for grabs. DWS’s shares are up 30 per cent this year, on expectations it would be sold if Deutsche took over Commerzbank.
Deutsche Bank’s top managers have been banned from selling any stock they own in the lender while it explores a merger with Commerzbank, another blow for employees who saw the value of their deferred-share pay more than halve last year. Bankers who tried to sell stock after a compulsory lock-up period ended this month were blocked by compliance and told they were “contravening employee trading policy” because the shares have been added to Deutsche’s “internal conflict list,” several insiders said. they had entered formal discussions last Sunday.
Deutsche Bank announced today its appointment as depositary bank for NASDAQ-listed American Depositary Receipt Program of UP Fintech Holding Limited.
Commerzbank's chief executive believes a strong and focussed investment bank would be a good addition to the lender, according to a person familiar with his thinking on Friday. The person, speaking on condition of anonymity, revealed Chief Executive Officer Martin Zielke's thinking as Commerzbank talks about a possible merger with Deutsche Bank , which has a sprawling global investment bank. Zielke said Commerzbank had a clear idea of how it could develop business in a sensible way.
Deutsche Bank paid its management board members their first bonuses in four years in 2018, with Christian Sewing's 7 million euro ($8 million) total package making him one of the best paid chief executives in European banking. Deutsche Bank's politically sensitive pay disclosures, which were revealed in its annual report on Friday, come as it contemplates a merger with Commerzbank, which unions fear could lead to up to 30,000 job cuts. Sewing, who became CEO in April last year, led Deutsche Bank to its first profit in four years and is heading the talks with Commerzbank.
Announcement: Moody's Fully Supported Municipal& IRB Deals. Global Credit Research- 21 Mar 2019. New York, March 21, 2019-- ASSIGNMENTS:.
FRANKFURT (Reuters) - The aim of a potential merger between Deutsche Bank and Commerzbank should not be to create a large investment bank because that "will not work", a major shareholder in ...
The aim of a potential merger between Deutsche Bank and Commerzbank should not be to create a large investment bank because that "will not work", a major shareholder in both banks said on Friday ...
The defiant outlook -- just two days after UBS Group AG warned that the first quarter was one of the worst environments in recent history -- lifted Deutsche Bank’s shares and may strengthen Chief Executive Officer Christian Sewing in talks with investors on the merger. Deutsche Bank rose as much as 3.3 percent and traded little changed at 10:18 a.m. in Frankfurt. Deutsche Bank and Commerzbank announced formal merger talks last weekend after struggling with separate turnaround plans.
A political rift has emerged in Berlin over whether Germany should put its financial muscle behind a merger of Deutsche Bank and Commerzbank, politicians and officials said, complicating a bid to create Europe’s third-largest bank and fund it. Germany's two top banks have struggled to recover since the financial crisis and government officials, led by Finance Minister Olaf Scholz, are pushing for a merger to create a national banking champion and end questions over their future.
Deutsche Bank chief executive Christian Sewing believes there is a strong case for a merger with Commerzbank, a person with direct knowledge of his thinking said. Sewing's view sets the stage for a potential showdown with labour unions who fear as many as 30,000 job cuts in Germany's two biggest banks become one. The supervisory boards at both banks met separately on Thursday and discussed the proposed merger, but no decisions were taken by either.
Deutsche Bank chief executive Christian Sewing believes there is a strong case for a merger with Commerzbank, a person with direct knowledge of his thinking said. Sewing's view sets the stage for a potential showdown with labor unions who fear as many as 30,000 job cuts in Germany's two biggest banks become one. The supervisory boards at both banks met separately on Thursday and discussed the proposed merger, but no decisions were taken by either.
Deutsche Bank's supervisory board debated a possible merger with rival Commerzbank for three hours at a meeting on Thursday, a person with direct knowledge of the matter said. Christian Sewing, Deutsche ...
FRANKFURT (Reuters) - Deutsche Bank's supervisory board debated a possible merger with rival Commerzbank for three hours at a meeting on Thursday, a person with direct knowledge of the matter said. Christian ...
Euro zone banking watchdogs said banks planning mergers should make sure they could be wound down in a crisis, a warning likely to resonate with executives seeking to merge German giants Deutsche Bank and Commerzbank. The two lenders confirmed on Sunday they are in tie-up talks following months of pressure from Berlin, which has pushed for a deal amid concerns about the health of Deutsche Bank. The European Central Bank and the EU watchdog in charge of disposing of failing banks both said on Thursday that the two banks, as any other lenders planning a merger, should guarantee that the merged entity could be "resolvable" to avoid taxpayers having to pay for their bailout in a crisis..
The future of the bank's U.S. trading and investment banking presence had already been in question, with some shareholders calling for further cuts on top of ones announced last year, and speculation has intensified following confirmation of the merger talks on Sunday. The German government, which has a 15 percent stake in Commerzbank, is expected to retain a stake in the combined business if a deal materializes.
PARIS (Reuters) - The proposed merger of German lenders Deutsche Bank and Commerzbank could indirectly serve French financial interests, Finance Minister Bruno Le Maire said on Wednesday. "Obviously ...
Christian Sewing, the chief executive of Deutsche Bank, doesn’t do grand visions. For much of his 30 year career as a banker, all but two of them at Deutsche, he has been heavily involved in risk control, auditing, and cost-cutting. As he holds merger talks with smaller rival Commerzbank – an assignment foisted on him by German government officials – opinion is split on whether this ‘head down’ attitude will serve Deutsche Bank well as its future course hangs in the balance.