DBK.DE - Deutsche Bank Aktiengesellschaft
| Previous Close | 8.00 |
| Open | 7.95 |
| Bid | 7.983 x 555100 |
| Ask | 7.983 x 230000 |
| Day's Range | 7.89 - 8.03 |
| 52 Week Range | 6.68 - 16.21 |
| Volume | 2,911,189 |
| Avg. Volume | 14,172,163 |
| Market Cap | 16.473B |
| Beta (3Y Monthly) | 1.82 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.964 |
| Earnings Date | Feb 1, 2019 |
| Forward Dividend & Yield | 0.11 (1.36%) |
| Ex-Dividend Date | 2018-05-25 |
| 1y Target Est | N/A |
Reuters Videos•3 days agoDemocrats ready probes into Trump ties to Deutsche Bank
Democrats now in control of the U.S. House of Representatives are working out which House panels will take the lead in investigating President Donald Trump’s business ties to Deutsche Bank, lawmakers and aides familiar with the plans told Reuters. Zachary Goelman reports.
- CNBC Videos•4 days ago
Deutsche Bank shares fall amid merger speculation
CNBC's Annette Weisbach discusses a report that regulators are pushing for a Deutsche Bank merger with a European peer rather than a domestic one.
Bloomberg•4 hours agoA Truly Terrible Idea for Deutsche Bank
The mooted merger between Deutsche Bank AG and Commerzbank AG would make a mockery of any notion that EU governments are serious about ending the “too big to fail” problem. It would also turn back the clock on a guiding principle of European regulation over the past decade: The promotion of a “banking union,” where risks are shared widely across the continent on the basis of jointly decided rules. Berlin clearly has a problem when it comes to Deutsche, its most iconic lender. The bank has come under the scrutiny of regulators across the world because of its large portfolio of illiquid assets, as well as its implication in a string of money-laundering scandals and its dubious and relatively weak capital position.
Bloomberg•4 hours agoA Truly Terrible Idea for Deutsche Bank
The mooted merger between Deutsche Bank AG and Commerzbank AG would make a mockery of any notion that EU governments are serious about ending the “too big to fail” problem. It would also turn back the clock on a guiding principle of European regulation over the past decade: The promotion of a “banking union,” where risks are shared widely across the continent on the basis of jointly decided rules. Berlin clearly has a problem when it comes to Deutsche, its most iconic lender. The bank has come under the scrutiny of regulators across the world because of its large portfolio of illiquid assets, as well as its implication in a string of money-laundering scandals and its dubious and relatively weak capital position.
- Bloomberg•3 days ago
Kushner Evicting Times Square Tenant, Endangering Loan Payments
Lenders approved the termination of the lease for the tenant, Gulliver’s Gate, at the end of last year, according to debt filings. Kushner Cos. -- owned by the family of Jared Kushner, the White House senior adviser and son-in-law of President Donald Trump -- is seeking tenants for the space, but “there have been no firm” letters of intent, according to the records. Any loss may affect Kushner Cos.’ ability to keep up with debt payments on the Times Square property, one of the company’s most valuable in the city.
- Financial Times•3 days ago
[$$] Top Deutsche Bank executive drawn into tax loophole probe
’s head of investment banking was sent an email in 2007 which discussed a design flaw in Germany’s tax code that allowed its clients to trick tax authorities into refunding dividend tax that was never paid. Garth Ritchie, who at the time had a role in the bank’s London-based equities operations, was copied into the email and it was unclear whether he had actually read it, according to a person who has seen the email. Two former London-based Deutsche Bank employees who left the lender a decade ago are among those being probed over the so-called cum-ex transactions, which allowed investors to exploit a legal loophole that enabled multiple parties to claim a refund of taxes paid on share dividends.
- Reuters•3 days ago
Tencent weighing bid for holding company behind Korea's Nexon -sources
(Updates Deutsche Bank comment) By Kane Wu and Heekyong Yang HONG KONG/SEOUL, Jan 18 (Reuters) - Chinese gaming titan Tencent Holdings Ltd is considering a bid for the holding company that controls South ...
Bloomberg•4 days agoDeutsche Bank's Path to a Game-Changing Merger Got Bumpier
On one side, influential figures in the government favor a tie-up with smaller domestic rival Commerzbank AG to create a national banking champion with the size and scope to accompany German exporters around the world. It’s an enticing project for Chancellor Angela Merkel’s government, which owns 15 percent of Commerzbank and is keen to fortify the country’s financial sector before another downturn hits. On the other side, key regulators -- including the European Central Bank and German banking watchdog BaFin -- worry about the risks of combining the country’s biggest banks, which are both struggling with weak share prices and low profitability, according to people familiar with the matter.
Bloomberg•4 days agoCross-Border Deutsche Bank Merger? Not So Fast, Barclays Says
The sheer size of Deutsche Bank’s 1.4 trillion-euro ($1.6 trillion) balance sheet and stalled European Union efforts to unify the bloc’s capital markets are among potential impediments to any deal between Frankfurt-based Deutsche Bank and a financial institution outside Germany, Barclays analysts including Amit Goel wrote in a note published Thursday. Deutsche Bank has been considering since at least mid-2018 whether to combine with cross-town competitor Commerzbank AG, a concept that German authorities are said to favor to create a national champion.
- Barrons.com•4 days ago
Deutsche Bank Deal Talks Bubble Up Again
Talks about a possible merger between Deutsche Bank, the biggest German lender, and its smaller domestic rival Commerzbank are on again. The key questions are why, and why now?
- Bloomberg•4 days ago
Germany's Plan to Fix Deutsche Bank Has a Troubled History
Spain encouraged the merger of seven failed savings banks into Bankia SA in 2010, only to bail out the combined entity two years later when it collapsed. The U.K. pressed Lloyds Banking Group Plc to swallow failing HBOS Plc in 2008 and a month later had to rescue Lloyds. Greek officials pushed for tie-ups of troubled banks during the sovereign-debt crisis, only to be blocked by wary international administrators of the nation’s rescue program.
- Bloomberg•5 days ago
Pound Gains for Fifth Day Against Euro as May Survives to Fight
The moves came after May, as expected, won a vote in the House of Commons brought on amid a bruising battle over plans for Britain’s exit from the European Union. Wednesday’s motion of no-confidence was brought forward by the opposition Labour Party after May’s Brexit deal was rejected by more than 200 votes on Tuesday in an historic loss.
- Bloomberg•5 days ago
Stocks Rise as Banks Add Boost; Treasuries Decline: Markets Wrap
The dollar rose, while Treasuries declined. Financials buoyed major indexes as Goldman Sachs and Bank of America surged following quarterly reports. In Europe, Deutsche Bank gained after regulators were said to favor a merger with a European lender.
- Reuters•5 days ago
Bank regulators deem any Deutsche-Commerzbank merger unwise - source
European bank regulators do not think Germany's two largest banks, Deutsche (DBKGn.DE) and Commerzbank (CBKG.DE), should merge, a source with direct knowledge of the matter said. Commerzbank is too small to make a difference for Deutsche Bank, and both need to focus on increasing profitability and stabilizing their businesses, the source told Reuters. Deutsche Bank and Commerzbank, which are regulated by the European Central Bank (ECB) and German financial markets watchdog BaFin, declined to comment on the situation.
- Bloomberg•5 days ago
Deutsche Bank Watchdogs Prefer Merger With European Firm, Not Commerzbank
The European Central Bank favors a cross-border combination to drive integration in the region’s financial markets, according to people familiar with the matter. Analysis by German regulator BaFin suggests a preference for a European deal because the two domestic banks are currently too weak to benefit sufficiently from a merger, said the people, who asked not to be identified because the deliberations are private. The watchdogs’ view is more aligned with the position of Deutsche Bank Chief Executive Officer Christian Sewing, who has asked for patience with his turnaround plan before embarking on any deal.
- Reuters•5 days ago
Deutsche Bank shares lifted by report regulators prefer European tie-up
MILAN (Reuters) - Deutsche Bank (DBKGn.DE) shares spiked higher in afternoon trading on Wednesday after a Bloomberg report said regulators would prefer the German lender to merge with a European rival ...
- TheStreet.com•5 days ago
Deutsche Bank Confirms Internal Probe Over Money Laundering Scandal
has launched a second internal investigation into its role in a money laundering scandal uncovered at an Estonian branch of Danske Bank, the company's CEO said. Speaking to policymakers and clients at an event in Berlin, Deutsche Bank CEO Christian Sewing confirmed the internal probe, noting that "we do have a big interest in continuing to get to the bottom [of both cases]. According to the Financial Times and other media reports, between 2007 and 2015 Deutsche Bank acted as a correspondent bank for Danske's Estonian branch, which is suspected of laundering €200 billion from former Soviet states.
- Moody's•5 days ago
Moody's Fully Supported Municipal & IRB Deals
Announcement: Moody's Fully Supported Municipal& IRB Deals. Global Credit Research- 15 Jan 2019. New York, January 15, 2019-- ASSIGNMENTS:.
Reuters•6 days agoDeutsche Bank well prepared for any Brexit outcome
Deutsche Bank (DBKGn.DE) is well prepared for all Brexit scenarios, the bank's chief executive said on Tuesday ahead of a British vote that could reject Prime Minister Theresa May's deal to leave the European Union. If the deal fails to pass the UK lower house, Chief Executive Christian Sewing said that he expected Brexit would be postponed by at least three months. Brexit was one of several risks to the global economy cited by Sewing at a New Year's reception in Berlin, according to a transcript of his prepared remarks.
- Bloomberg•6 days ago
Deutsche Bank's Future Lies in the Hands of These Six Players
The steady drumbeat of bad news has revived speculation that Germany’s largest lender may be forced to seek a radical solution to its travails: A merger with Commerzbank AG, a domestic rival that came a close second to Deutsche Bank in terms of losing value last year. Deutsche Bank’s chief executive officer still hopes to demonstrate that his turnaround plan -- the bank’s fourth in as many years -- will revive the company. Although he’s open to the idea of a merger in the future, he has said that nothing will happen before the end of this year as he still plans to complete other projects first, including the integration of Deutsche Bank’s two domestic retail units.
- Bloomberg•7 days ago
Deutsche Bank to Intensify Outside Talks Over Strategy
Representatives of Deutsche Bank had about two dozen discussions with officials since the new government was formed in March, most of them between Deputy Finance Minister Joerg Kukies and Chief Executive Officer Christian Sewing as well as supervisory board Chairman Paul Achleitner, according to a Finance Ministry letter seen by Bloomberg. Sewing also met regularly with Commerzbank AG CEO Martin Zielke, according to two people briefed on the matter.
Reuters•10 days agoGerman finance ministry often met Deutsche Bank on strategy in 2018
BERLIN/FRANKFURT (Reuters) - Germany's finance ministry regularly met with top Deutsche Bank (DBKGn.DE) executives in 2018 for talks that included topics such as strategic options (DBKGn.DE), a finance ministry letter seen by Reuters on Friday showed. The letter, written by a deputy finance minister to a member of Germany's parliament in response to questions and dated Jan. 10., listed 23 meetings between the finance ministry and Deutsche Bank executives in the period May to December 2018. Subjects discussed in the meetings included "strategic options of the institutes and evaluations by the leadership of the finance ministry", the letter said.
- Bloomberg•10 days ago
Deutsche Bank Outsourcing Jacksonville Jobs to Mumbai
The bank is offshoring about 60 accounting positions to Mumbai from its campus in Jacksonville, Florida, as it seeks to trim costs, people with knowledge of the matter said. It’s part of a larger shift, with management intending to move more jobs from the U.S. to India this year, one of the people said, asking not to be identified because the plans are private. “We regularly review our footprint and look for ways to raise operational efficiencies that enhance client experience and improve shareholder returns,” Deutsche Bank spokeswoman Kerrie McHugh said in an email.
- Reuters•10 days ago
Deutsche Bank sustainably cut costs in 2018, CFO says
Deutsche Bank sustainably cut costs in 2018, the lender's finance chief said on Friday, seeking to allay a major concern held by investors in recent years. "We have our costs under control," Chief Financial Officer James von Moltke told a New Year's reception. "We cut costs sustainably to such a degree in 2018 that we can confidently say: We are convinced that the times are over when Deutsche Bank set targets that it then fails to meet," von Moltke said.
- Bloomberg•11 days ago
Deutsche Bank Must Pay Cum-Ex Bill, Warburg Says in Lawsuit
Warburg filed a suit in Frankfurt in December to force Deutsche Bank to pay a 46 million-euro ($53 million) tax bill the company received over so-called Cum-Ex transactions, it said in a statement Thursday. The private bank says Deutsche Bank failed to transfer the taxes to revenue officials when it worked for the seller on a stock sale where Warburg was the purchaser.
