Deutsche Bank CEO's 2023 pay dips to 8.7 million euros
DEUTSCHE Bank CEO Christian Sewing earned 8.7 million euros (S$12.68 million) in 2023, down slightly from 8.9 million euros in 2022 after...
Deutsche Bank CEO Sewing vows to keep expenses in check
DEUTSCHE Bank chief executive officer Christian Sewing vowed to meet previous cost targets, saying he’s working on additional measures.
Deutsche Bank cuts investment bank bonuses more than 10%
DEUTSCHE Bank ut the bonus pool at its investment banking division by more than 10 per cent after a slump in deals...
Deutsche Bank to file liquidation suit against Chinese developer Shimao
DEUTSCHE Bank is preparing a liquidation lawsuit in Hong Kong against Chinese developer Shimao Group, two sources said, in a rare move...
Shareholder returns are at peak for European banks: JPMorgan
EUROPEAN banks’ capital returns to shareholders may have already reached a peak, according to JPMorgan Chase strategists.
Europe’s banks under microscope with property worries swirling
EUROPE’S lenders remained in the focus of investors on Thursday (Feb 8) as analysts assessed the risk of contagion from the troubles...
Deutsche Bank warns of potential US property losses
DEUTSCHE Bank’s provisions for losses in US commercial real estate were more than four times bigger in the last quarter, as it...
Deutsche Bank to cut 3,500 jobs, buy back shares as profit falls
DEUTSCHE Bank on Thursday (Feb 1) said it would cut 3,500 jobs, buy back shares and pay dividends, after posting a 30...
Europe’s top investment banks set to cut bonuses on deal slump
DEUTSCHE Bank, UBS Group and Societe Generale are planning to reduce the overall amount of variable compensation they will pay out for...
China allows more foreign banks to play lead role in debt underwriting
CHINA has granted six foreign banks licences allowing them to act as lead underwriters for debt issues in China, as it admits...