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The Latest Breaking News from Christian Sewing

Deutsche Bank posts robust results boosted by asset management

Higher growth in major divisions such as private banking and investment banking also contributed significantly to Deutsche Bank’s strong performance in the first quarter.

Who could succeed David Solomon as Goldman Sachs' CEO?

Who could succeed David Solomon as Goldman Sachs' CEO?

The Goldman Sachs CEO succession race isn't over until it's over, but there appears to be a clear frontrunner. Here's who is seen as a contender to follow David Solomon.

UBS tells staff to choose between coming to the office on a Monday or Friday

UBS tells staff to choose between coming to the office on a Monday or Friday

UBS staff will have to come into the office on either a Monday or a Friday as the bank tries to better manage its space.

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Deutsche Bank Profits Boosted By Legal Settlements

Germany's biggest lender Deutsche Bank on Wednesday reported a sharp jump in third-quarter profits, boosted by the settlement of investor lawsuits related to a troubled takeover.

International Business Times

Deutsche Bank CEO urges Germans to work harder to pull the country out of its economic lull

“We simply have to tell our fellow citizens that we have to do more again,” Deutsche Bank’s Christian Sewing said.

Deutsche Bank To Cut Jobs After Drop In 2023 Profit

Deutsche said it plans to cut around 3,500 jobs over the next two years, "mainly in non-client-facing areas".

International Business Times

Fortune 500 Europe: Germany the biggest business powerhouse on the continent

In Fortune's first-ever ranking of Europe's top 500 corporations by annual revenue, Germany stands out with the highest representation, boasting a total of 80 companies in the rankings.

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Deutsche Bank CEO says Germany risks becoming ‘the sick man of Europe’ unless structural fixes are made

Deutsche Bank CEO says Germany risks becoming ‘the sick man of Europe’ unless structural fixes are made

Deutsche Bank's Christian Sewing thinks structural reforms are key to Germany global competitiveness.

Deutsche Bank scare forces Germany's chancellor to urge investors not to panic

Deutsche Bank scare forces Germany's chancellor to urge investors not to panic

Deutsche shares fell as much as 15% in trading on Friday, prompting concerns it might be the next domino to fall after failed lender Credit Suisse.

'We view this as an irrational market,' Citigroup analysts worry that major bank stocks like Deutsche Bank are cratering for psychological reasons

'We view this as an irrational market,' Citigroup analysts worry that major bank stocks like Deutsche Bank are cratering for psychological reasons

Citi really fears the "knock-on impact from various media headlines on depositors psychologically," regardless of whether the initial reasoning was correct.

Deutsche Bank is no Credit Suisse, despite investors’ fears

Deutsche Bank is no Credit Suisse, despite investors’ fears

German lender’s shares were hit by general loss of confidence, not by any specific failings

The Guardian - UK

Top Financial Stories Wednesday, September 07: Musk Cited Putin Worries To Delay Twitter Deal, Apple To Defend Move Of Selling iPhones Without Charger, Deutsche Bank CEO Signals Recession Risks And More..

Top Financial Stories Wednesday, September 07: Musk Cited Putin Worries To Delay Twitter Deal, Apple To Defend Move Of Selling iPhones Without Charger, Deutsche Bank CEO Signals Recession Risks And More..

Wall Street Journal

Deutsche Bank's former India-born co-CEO Anshu Jain dies after battle with cancer

Deutsche Bank's former India-born co-CEO Anshu Jain dies after battle with cancer

Jaipur-born Anshu Jain was diagnosed with duodenal cancer in 2017

Markets Fluctuate, Oil Falls again as Recession Warnings Build

Markets Fluctuate, Oil Falls again as Recession Warnings Build

Asian markets struggled Thursday to recover from the previous day's battering, while oil extended losses, after Federal Reserve boss Jerome Powell admitted the economy could tip into recession as the bank hikes interest rates to fight runaway inflation. Soaring prices and central banks' battle to rein them in have sent…

Asharq Al-Awsat

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Here's Why US Is Probing Deutsche Bank, Other Banks

Deutsche Bank AG (NYSE:DB) is among several investment banks included in a comprehensive industry-wide U.S. regulatory probe, Bloomberg reports. The investigation determines the degree of employee reliance on private communication channels like Meta Platforms Inc (NASDAQ:FB) WhatsApp to conduct business. Deutsche Bank tested new software to improve its ability to archive messages and has…

The Guardian - UK

The bodies of Bucha have set a difficult test for the west

Analysis: From Ukraine’s point of view, this has to be the time to pile pressure on Germany in particular

Financial Times

Archegos quietly built stake in Deutsche Bank

Germany’s biggest bank was also among the lenders to the family office whose collapse left rivals with $10bn in losses

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