Giant investment banks are exiting South Africa - but one analyst thinks they may be bailing at the bottom

2019-12-04 17:03

Some of the world’s biggest investment banks are leaving or scaling down their operations in SA.

Empty desks and early beers: Life at Deutsche Bank in New York

2019-07-07 12:07

Inside 60 Wall Street, the American headquarters of Deutsche Bank AG, the signs of trouble are everywhere.

WATCH: Deutsche Bank faces investigation for possible money-laundering lapses

2019-06-21 20:56

US federal authorities are investigating whether Deutsche Bank complied with laws meant to stop money laundering and other crimes, the New York Times reported.

Brexit means EU needs bank champions, German regulator says

2018-11-16 20:17

The UK’s impending exit from the EU increases the need for banking giants in the bloc that can rival those in London and New York, according to Germany’s central bank.

Deutsche Bank cuts SA units as part of global review

2018-06-04 21:00

Frankfurt-based Deutsche Bank will terminate its advisory, corporate-broking and sponsor-services units in South Africa over the next six months, according to an emailed response to questions.

Deutsche Bank awards staff €2.2bn in bonuses for 2017

2018-03-16 10:02

Deutsche Bank’s bonus pool is almost back to normal, even if little else is.

Deutsche Bank rating cut by Fitch on lack of revenue rebound

2017-09-29 10:24

Deutsche Bank has had its long-term credit grade cut one level by Fitch Ratings as the lender struggles to through another strategic overhaul.

Deutsche Bank's UK trading heart faces long care-out

2017-07-07 18:14

For the better part of this century, Deutsche Bank’s trading heart has been beating in London. Now, it’s gradually being transplanted to Frankfurt.

Deutsche Bank: Revenue to stay `broadly flat' this year

2017-03-20 10:32

Deutsche Bank says it expects revenue to be little changed this year as an improved environment for banks helps offset the impact of disposals.

Deutsche Bank’s worst trading quarter in years fuels concern

2017-02-03 15:39

Deutsche Bank CEO, who has settled regulatory probes, bolstered controls and cut billions of dollars of unwanted assets since taking charge, has another problem: making money.


Deutsche Bank CEO slashes 18 000 jobs in $8.3 billion overhaul

2019-07-08 07:34

Deutsche Bank has unveiled a radical overhaul that will see the lender exit its equities business, post a $3.1 billion second-quarter loss and cut the workforce by a fifth to reverse a slide in profitability.

Deutsche Bank plans to cut as many as 20 000 jobs in revamp

2019-07-01 10:16

Deutsche Bank AG is considering slashing headcount by more than a fifth in what’s shaping up to be its biggest makeover in years, two people familiar with the matter said.

Deutsche Bank and Commerzbank say they're in merger talks

2019-03-17 16:08

Deutsche Bank AG and Commerzbank AG agreed to enter into formal merger talks as both lenders run out of time to show they can grow on their own.

Deutsche Bank Japan head Kuwahara to leave after five years

2018-08-28 21:25

Deutsche Bank AG’s Japan chief Makoto Kuwahara will leave the German lender after five years in charge of operations in the country.

Bank admits it made R420bn transfer error

2018-04-22 13:01

Germany's biggest lender has admitted to a massive erroneous transfer of €28bn (about R420bn) in a routine operation - more than the entire bank is worth.

Deutsche Bank to raise up to$2.2bn in DWS unit IPO

2018-03-12 10:47

Deutsche Bank is planning to raise as much as €1.8bn in an initial public offering of its asset-management unit, a key pillar of the German lender’s turnaround strategy.

Deutsche Bank Brexit plans firm up with 1 in 2 jobs at risk

2017-08-02 15:01

Deutsche Bank envisions shifting almost half its UK positions to the European continent over coming years as the lender’s Brexit plans take shape.

SA among cheapest for date night

2017-06-16 09:48

Budget conscious South African lovebirds are getting some of the best value in the world when going out for a night on the town.

Deutsche Bank cuts bonus pool almost 80%

2017-02-27 13:00

Deutsche Bank has cut its bonus pool by almost 80%, a figure unmatched in the bank’s recent history as it tries to recover from legal expenses.

Tax fraud: Deutsche Bank agrees to pay $95m

2017-01-05 16:31

Deutsche Bank has agreed to pay $95m to settle a tax fraud case brought by the US Justice Department, the federal prosecutor in charge has announced.

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