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Deutsche Bank AG (DB)

DB on New York Consolidated

18.14USD
28 Jul 2017
Change (% chg)

$0.11 (+0.61%)
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Latest Key Developments (Source: Significant Developments)

Poland's mBank does not rule out takeovers - CEO
Thursday, 27 Jul 2017 05:14am EDT 

July 27 (Reuters) - Mbank SA :Poland's mBank CEO Cezary Stypulkowski said on Thursday that the lender's strategy does not rule out takeovers but is not desperate to do any. .The CEO also said mBank, which is a Polish unit of Germany's Commerzbank <<>>, is able to spend 1 billion zlotys ($275.04 million) on potential mergers and acquisitions, excluding a share issue or mother company backing.Stypulkowski said he would not comment on the ongoing sale of Deutsche Bank AG <<>> Polish assets.Market sources told Reuters in May that Deutsche Bank AG started the sale of parts of its Polish banking operations and they listed Commerzbank as one of potential bidders. nL8N1IX277.Stypulkowski also said that mBank aims to improve Return on Equity (ROE) to 10 percent in three years from above 8 percent now.  Full Article

Dana Gas refuses sukuk profit payment to Deutsche Bank
Thursday, 27 Jul 2017 01:45am EDT 

July 27 (Reuters) - Dana Gas Pjsc :RECEIVED PROFIT PAYMENT REQUEST NOTICES FROM DEUTSCHE BANK AMOUNTING TO $14 MILLION FOR PERIOD ENDING ON JULY 31 2017.RESPONDED TO DEUTSCHE BANK ADVISING TAHT AS SUKUK ARE UNLAWFUL, THESE PAYMENTS, TOGETHER WITH OCTOBER PAYMENTS, ARE NO LONGER CONSIDERED DUE BY CO AND WILL NOT BE MADE.  Full Article

Deutsche Bank preparing for hard brexit, CEO Cryan tells employees- Bloomberg
Thursday, 20 Jul 2017 05:58am EDT 

July 20 (Reuters) - :Deutsche Bank preparing for hard brexit, CEO Cryan tells employees- Bloomberg.Deutsche Bank CEO says will probably book the "vast majority" of its assets in frankfurt- Bloomberg.  Full Article

Heta says to raise 9.6 billion eur by 2020 from wind-down
Thursday, 6 Jul 2017 06:39am EDT 

July 6 (Reuters) - Heta Asset Resolution Ag [RIC:RIC:HAABI.UL]:Austrian "bad bank" Heta Asset Resolution says expects to have wound down 95 percent of assets by end-2018, 100 percent of assets by end-2020.Heta says total cash raised from wind-down to be 9.6 billion eur by 2020.  Full Article

Deutsche Bank said to face possible $60 mln derivative loss-Bloomberg,citing sources
Tuesday, 27 Jun 2017 02:32pm EDT 

June 27 (Reuters) - :Deutsche Bank said to face possible $60 million derivative loss- Bloomberg,citing sources.  Full Article

Deutsche Asset Management buys London buildings for around 310 mln stg
Monday, 26 Jun 2017 02:38am EDT 

June 26 (Reuters) - Deutsche Bank Ag :Deutsche Asset Management acquires office buildings 2 & 3 bankside in London’s southbank on behalf of its german open-ended real estate funds for around 310 million pounds ($395.19 million) with a top-up to be determined.  Full Article

Deutsche Bank files for debt shelf of upto $12 billion - SEC filing
Thursday, 22 Jun 2017 03:41pm EDT 

June 22 (Reuters) - Deutsche Bank Ag ::Deutsche Bank files for debt shelf of upto $12 billion - SEC filing.  Full Article

Deutsche bank names Richard Weber head of anti-financial crime for Americas
Tuesday, 20 Jun 2017 09:41am EDT 

June 20 (Reuters) - Deutsche Bank says:Names Richard Weber Head of Anti-Financial Crime for the Americas, Irwin Nack as Deputy.  Full Article

Deutsche Bank names Meir Lewis head of Insurance Investment Banking
Monday, 19 Jun 2017 03:12pm EDT 

June 19 (Reuters) - Deutsche Bank AG ::Announced appointment of Meir Lewis as Managing Director and head of Insurance Investment Banking; Lewis will join from Morgan Stanley.  Full Article

Deutsche Bank to restructure corporate, investment banking - Bloomberg
Thursday, 15 Jun 2017 12:51am EDT 

June 15 (Reuters) - :Deutsche bank to restructure corporate, investment banking - Bloomberg.Deutsche Bank's newly-created global capital markets division to be headed by Alexander Von Zur Muehlen, Mark Fedorcik - Bloomberg.Deutsche Bank - to create a separate business for its equity, debt and leveraged capital markets operations - Bloomberg.  Full Article

Deutsche Bank's 2Q Revenue Points to Weak 2017 Results

(The following statement was released by the rating agency) LONDON, July 28 (Fitch) Deutsche Bank AG's (DB; A-/Negative) weak 2Q17 trading results and pressure from low interest rates point to weak profitability for 2017, Fitch Ratings says. This is because a recovery in revenue stemming from volatility or client activity picking up later in the year may not be sufficient to offset expenses relating to DB's turnaround initiatives. DB generated a low 3.2% net return on tangible equity (RoTE) in t