DBK.DE - Deutsche Bank Aktiengesellschaft
| Previous Close | 11.686 |
| Open | 11.642 |
| Bid | 0.000 x 555100 |
| Ask | 0.000 x 230000 |
| Day's Range | 11.470 - 11.690 |
| 52 Week Range | 10.824 - 17.690 |
| Volume | 14,817,003 |
| Avg. Volume | 16,166,026 |
| Market Cap | 23.945B |
| Beta | 1.59 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.533 |
| Earnings Date | Apr 26, 2018 |
| Forward Dividend & Yield | 0.11 (0.96%) |
| Ex-Dividend Date | 2018-05-25 |
| 1y Target Est | N/A |
- The Wall Street Journal•2 hours ago
[$$] HNA Cuts Stake in Deutsche Bank as It Continues to Unload Assets
This comes after HNA spent billions of dollars in financing and complex derivatives in 2017 to build its stake in the struggling German lender, becoming Deutsche Bank’s biggest shareholder with a holding of just under 10%. Since that position was disclosed almost a year ago, Deutsche Bank shares have declined by more than 30%. An HNA spokesman said Saturday the company “decided not to renew a part of the financing structure for our stake in Deutsche Bank,” citing “the current market environment.” The stake cut was disclosed in a regulatory filing.
- Bloomberg•11 hours ago
HNA Cuts Deutsche Bank Stake, Vows to Remain Major Investor
Deutsche Bank AG’s biggest shareholder cut its stake in the lender, it disclosed Saturday, after saying in February that another reduction wasn’t planned.
- Reuters•yesterday
ECB asks Deutsche Bank to clarify mistaken $34 billion transfer - report
The European Central Bank has asked for clarification from Deutsche Bank (DBKGn.DE) about a 28 billion euro (£24 billion) mistaken transfer that the German lender made in March, a German newspaper reported on Friday. Deutsche Bank earlier on Friday said it had made the transfer in error to its own account at the derivative exchange Eurex, confirming news first reported by Bloomberg. The ECB, which oversees Deutsche Bank, has sent a questionnaire to the bank about the incident, Handelsblatt reported.
- Bloomberg•yesterday
Deutsche Bank's $35 Billion Eurex Blunder
Deutsche Bank AG made an accidental $35 billion payment to Eurex Clearing, temporarily increasing the holdings of the world's fourth-largest clearing house by more than half. Bloomberg's Carol Massar and ...
- Bloomberg•yesterday
A Clearinghouse Gained $35 Billion Thanks to Deutsche Bank’s Error
Deutsche Bank AG’s accidental payment of 28 billion euros ($35 billion) to Eurex Clearing increased the collateral held by the world’s fourth-largest clearinghouse by more than half. Deutsche Bank’s payment, first reported by Bloomberg News, was equivalent to 55 percent of the collateral held by Eurex Clearing on behalf of the entire market. Almost every trading firm and bank uses Eurex Clearing to protect their bets on securities ranging from bund derivatives to futures on the DAX and Euro Stoxx 50 equity benchmarks.
- Financial Times•yesterday
[$$] Italy’s drift; Merkel’s resolve; and Spain’s riches
A third round of talks to form a government in the Roman palazzos this week has done little to clarify Italy’s political future. Put simply, the populist Five Star Movement — which emerged from the March ...
- Bloomberg•2 days ago
Deutsche Bank's Bad News Gets Worse With $35 Billion Flub
The bad news at Deutsche Bank AG just got worse. Amid a weeks-long leadership tussle that claimed the scalps of the chief executive, two of his top lieutenants and tainted its chairman, the bank inadvertently transferred 28 billion euros ($35 billion) to one of its outside accounts, Bloomberg News has revealed. For Deutsche Bank, the mistake comes at a delicate time as the new CEO, Christian Sewing, seeks to convince investors the bank can now return to growth.
- Bloomberg•2 days ago
Deutsche Bank Inadvertently Made a $35 Billion Payment in a Single Transaction
A routine payment went awry at Deutsche Bank AG last month when Germany’s biggest lender inadvertently sent 28 billion euros ($35 billion) to an exchange as part of its daily dealings in derivatives, according to a person familiar with the matter. The error was quickly spotted and no financial harm suffered. The errant transfer occurred about a week before Easter as Deutsche Bank was conducting a daily collateral adjustment, the person said.
- Reuters•2 days ago
Deutsche Bank considers cutting number of top executives - source
Deutsche Bank (DBKGn.DE) is considering reducing the size of its executive board after the departure of chief operating officer Kim Hammonds, a person close to the matter said. The responsibility for information technology, which was Hammond's main task, may be transferred to another board member, the person said, adding the bank would need clearance from supervisory authorities for a such move. Deutsche Bank declined to comment on the matter, which was first reported by daily Handelsblatt.
- Financial Times•2 days ago
[$$] Deutsche Bank, HNA, and the GAR chase
Deutsche Bank is having a bad year, again. Germany's largest lender reported its third consecutive annual post-tax loss this year, leading to the dramatic ouster of its chief executive John Cryan earlier ...
- Financial Times•2 days ago
[$$] Deutsche Bank blames ‘operational error’ for accidental €28bn transfer
Deutsche Bank has blamed an “operational error” for the accidental transfer of €28bn from Germany’s biggest lender to an exchange. Deutsche sent the €28bn to an account at Deutsche Boerse Eurex about a ...
- The Wall Street Journal•3 days ago
[$$] Deutsche Bank’s Management Turnover Continues
Deutsche Bank AG said Chief Operating Officer Kim Hammonds will leave the company next month, the latest executive to depart the troubled German lender. Earlier this month, Deutsche Bank named Christian Sewing to replace John Cryan as CEO following weeks of management tumult at the bank. Ms. Hammonds was seen as an ally of Mr. Cryan and had been in talks about potentially leaving Deutsche Bank, according to people familiar with the matter.
- Reuters•3 days ago
Deutsche Bank COO to leave amid continuing management reshuffle
Deutsche Bank's (DBKGn.DE) chief operating officer Kim Hammonds is stepping down, the German lender said on Wednesday, amid a continuing reshuffle of its executive suite. Hammonds had been tasked with streamlining the bank's IT systems, but she came under pressure after disparaging comments she made about the bank became public. Deutsche Bank said that she was leaving by "mutual agreement" and that a successor would be named after consultations with regulators.
- Bloomberg•3 days ago
Deutsche Bank's Hammonds Leaves as Exits Continue After CEO
The chaotic shakeup at Deutsche Bank AG sent more aftershocks through the bank’s top ranks as its chief operating officer was ousted and its head of investor relations quit. Kim Hammonds, who reportedly called Deutsche Bank “the most dysfunctional company” she’d ever worked for, will leave “by mutual agreement” at the annual general meeting on May 24, the Frankfurt-based lender said late Wednesday. Earlier, the bank announced that John Andrews, head of investor relations for five years, is leaving because of the recent management changes.
- Reuters•3 days ago
Deutsche Bank names institutional client group head in China
Deutsche Bank AG has appointed Beng-Hong Lee as China head of its institutional clients group, a business unit that distributes fixed-income and equities products to institutional investors, according to an internal memo seen by Reuters. Lee, who joined Deutsche Bank in 2003 and was most recently its global markets head in China, will take up the newly created role with immediate effect and will continue to be based in Shanghai, said the memo sent to the bank's internal staff.
- Financial Times•3 days ago
[$$] Deutsche Bank COO Kim Hammonds to leave
Deutsche Bank chief operating officer Kim Hammonds has become the latest senior executive to quit the bank. The German lender confirmed her departure on Wednesday night, saying it came about “by mutual agreement with the supervisory board”. Ms Hammond, a former Boeing executive, was a close ally of Deutsche’s recently departed chief executive John Cryan.
- Reuters•4 days ago
Deals of the day-Mergers and acquisitions
(Updates Open Text and Eletropaulo Metropolitana; adds Xerox, Sanofi, Murray & Roberts, Goldman Sachs, Toys "R" Us and Fortis Healthcare) April 17 (Reuters) - The following bids, mergers, acquisitions ...
Reuters•4 days agoDeutsche Bank ends talks over sale of India business - sources
FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) has ended talks to sell its Indian retail and wealth management business to private lender IndusInd Bank Ltd (INBK.NS), two people with knowledge of the matter ...
- Bloomberg•4 days ago
Deutsche Bank Shelves $4.6 Billion India Portfolio Sale
Deutsche Bank AG called off talks to sell its retail and private wealth businesses in India to IndusInd Bank Ltd., people with knowledge of the matter said.
- Reuters•5 days ago
ECB asks Deutsche Bank to simulate costs of winding down trading - CFO
The European Central Bank has asked Deutsche Bank to estimate the costs of winding down the trading operations of its investment bank, the first such simulation by one of Europe's biggest banks, Deutsche's finance chief said on Monday. "We think we are first in the queue here because we are the largest capital markets bank in the ECB's supervision," von Moltke said in an interview with Reuters.
- Bloomberg•5 days ago
Deutsche Bank's Key Issue Is Profitability, Says Algebris Investments' Serra
Algebris Investments Chief Executive Officer Davide Serra discusses the issues facing Deutsche Bank amid a recent leadership change and reports of further restructuring. He speaks with Bloomberg's Francine ...
- Bloomberg•5 days ago
ECB Asks Deutsche Bank to Model Wind Down of Trading Book
Deutsche Bank AG has been asked by the European Central Bank to simulate an orderly wind-down of its trading book, Chief Financial Officer James von Moltke told Bloomberg Monday.
- Reuters•5 days ago
ECB asks Deutsche Bank to gauge investment banking exit costs - source
Deutsche Bank has been asked by European Central Bank supervisors to calculate the potential costs of winding down its investment banking operations, a source told Reuters on Sunday. Germany's biggest lender has been calculating the financial effects of a potential move to quit investment banking for some time, and the move is not related to the switch in Deutsche Bank's top management position last Sunday when retail banking expert Christian Sewing was appointed to replace chief executive John Cryan. The point of the exercise is to estimate how the value of Deutsche Bank's capital market and derivatives business would develop if the bank was to exit abruptly from new business, the source said on condition he not be named because the matter is confidential.
- Financial Times•5 days ago
[$$] ECB pushes Deutsche to calculate costs of investment bank wind-down
The European Central Bank has called on Deutsche Bank to calculate the costs of winding down its investment bank . Officials from the bank’s supervision wing, the Single Supervisory Mechanism, have told ...
- Bloomberg Video•5 days ago
Deutsche Bank's Key Issue Is Profitability, Says Algebris Investments' Serra
Apr.16 -- Algebris Investments Chief Executive Officer Davide Serra discusses the issues facing Deutsche Bank amid a recent leadership change and reports of further restructuring. He speaks with Bloomberg's Francine Lacqua on "Bloomberg Surveillance."
