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Deutsche Bank AG (DBKGn.DE)

DBKGn.DE on Xetra

30 Sep 2016
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€0.69 (+6.39%)
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Latest Key Developments (Source: Significant Developments)

Deutsche Bank's Postbank cuts guidance on low interest rates
Friday, 29 Jul 2016 04:09am EDT 

Deutsche Bank's Postbank unit : Says now expect slight drop in 2016 net interest income versus previous forecast for moderate rise . Says now sees 2016 allowance for losses on loans and advances to decline slightly versus previous forecast for marked rise . Says now sees significant decline in 2016 adjusted pretax profit versus previous forecast for moderate decline . Says now sees 2016 net profit down by a medium three-digit mln euro amountvs previous forecast for low three-digit mln euro sum . Says doesn't believe Brexit will have any material impact on its profits in the short to medium term .  Full Article

Deutsche Bank must face part of US lawsuit over preferred securities
Monday, 25 Jul 2016 01:22pm EDT 

Deutsche Bank AG : U.S. judge says holders of Deutsche Bank AG preferred securities may pursue part of securities fraud lawsuit--ruling . U.S. district judge deborah batts denies motion to dismiss with respect to two securities offerings . U.S. district judge deborah batts grants motion to dismiss with respect to three securities offerings . Plaintiffs accused Deutsche Bank of using false or misleading materials to sell $5.4 billion of securities in 2007, 2008.  Full Article

S&P revises Deutsche Bank outlook to negative
Tuesday, 19 Jul 2016 12:02pm EDT 

S&P Global Ratings: Deutsche Bank outlook revised to negative as operating conditions may challenge strategy execution; ratings affirmed . U.K.'s recent vote to leave the EU (Brexit) is a consideration in the outlook revision, but not a prominent one .View that unfavorable operating environment poses particular challenges as it implements 2016-2020 strategic plan.  Full Article

Moody's: Brexit-related costs and uncertainties pose fresh challenge to non-UK GIBS' pan-European business models
Thursday, 7 Jul 2016 02:16am EDT 

Moody's On Brexit : Brexit-related costs and uncertainties pose fresh challenge to non-UK GIBS' pan-European business models . Sees non-UK global investment banks to incur additional costs,revenue pressures as they reconfigure their European units in response to brexit . Expects any immediate revenue loss to be modest, Brexit's lasting credit effects on gibs to depend on nature of the new EU/UK trade model .Expects added operational challenges and costs to be manageable in the context of their global earnings and operations.  Full Article

Stada shareholder says company not acting in the interest of shareholders
Friday, 1 Jul 2016 09:28am EDT 

Stada shareholder DWS says : Not under the impression that Stada has been acting in the interest of Stada shareholders, would welcome improvement of corporate governance Further company coverage: [STAGn.DE] ((Frankfurt.newsroom@thomsonreuters.com; +49 7565 1272;)).  Full Article

Finra fines Deutsche Bank Securities $6 mln
Wednesday, 29 Jun 2016 09:46am EDT 

Deutsche Bank Ag :FINRA fines Deutsche Bank Securities Inc $6 million for submitting inaccurate and late blue sheet data- Tweet.  Full Article

Austria's Heta sells Centrice property unit to Lone Star
Tuesday, 28 Jun 2016 06:08am EDT 

Heta Asset Resolution [HAABI.UL]: Says completed the sale of 100% of the shares in Centrice Real Estate GmbH (“Centrice”) and of outstanding loans granted by Heta to Centrice and its subsidiaries . Says the purchasers are affiliates of Lone Star Real Estate Fund IV (U.S.), L.P. and Lone Star Real Estate Fund IV (Bermuda), L.P. . Citigroup Global Markets Limited acted as financial adviser to HETA. Eisenberger & Herzog Rechtsanwalts GmbH acted as legal adviser to Heta . Spokesman for Heta says sale price is in thee-digit millions of euros range Further company coverage: [HAABI.UL] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

Fitch affirms Deutsche Bank at 'A-', outlook stable
Tuesday, 14 Jun 2016 04:16pm EDT 

Fitch Street Capital Corp : Affirms Deutsche Bank At 'A-'; outlook stable . Ratings reflect view that the bank will stay on track with the targets set out in the 2020 strategy .Stable outlook reflects our expectation that reported earnings and capitalisation will improve from 2017 onwards.  Full Article

Austria needs better banking supervision, finance minister says
Friday, 3 Jun 2016 06:00am EDT 

Austrian Finance Minister Hans Joerg Schelling: Says hopes to have clearer division of banking supervision roles between FMA and ECB . Says Austrian banking market is stable but supervision has to be better in future . Says case of "bad bank" Heta can probably be finished in September, October of this year Further company coverage: [HAABI.UL] ((vienna.newsroom@thomsonreuters.com; +43 1 531 12 258;)).  Full Article

FDIC reaches $190 million settlement with 8 banks, finance companies over Countrywide RMBS
Thursday, 2 Jun 2016 10:13am EDT 

: Fdic announces $190 million settlement of residential mortgage-backed securities claims with eight financial institutions . Fdic annouces settlements with Barclays, BNP Paribas Credit Suisse Deutsche Bank Edward Jones, Goldman Sachs rbs, UBS . Fdic says accord resolves claims over alleged misrepresentations for 21 countrywide rmbs bought by five failed banks.  Full Article


A Deutsche Bank settlement overshadows U.S. equities

NEW YORK Deutsche Bank will likely cast a pall over equity markets next week as the largest German lender navigates a possible multi-billion dollar settlement with the U.S. Department of Justice over the sale of mortgage-backed bonds.