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Deutsche Bank shares drop
Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target
Deutsche Bank on Thursday posted a bigger-than-expected drop in fourth quarter and 2024 full-year profit as legal provisions and restructuring costs eroded revenue gains at its global investment banking division.
Deutsche Bank’s Heavier Costs Drag Shares Despite Investment Bank Strength
The lender’s better-than-expected performance in investment banking was overshadowed by a drop in profit and shares slumped as the company said it expects costs to remain heavy.
Deutsche Bank profit drops more than expected in 2024
Deutsche Bank reported a sharp drop in fourth-quarter and full-year 2024 profit on Thursday, falling short of market expectations as legal provisions and restructuring costs offset strong investment banking revenue.
7h
Deutsche Bank Q4 Profit Plunges; Backs FY25 View; Plans EUR 2.1 Bln Distributions
German banking major Deutsche Bank AG (DB) reported Thursday that its fourth-quarter profit attributable to shareholders plunged 92 ...
The Banker
3h
Deutsche Bank misses profit targets as Q4 earnings fall 92%; BoE’s Andrew Bailey warns against relaxing mortgage limits
Deutsche Bank reported on Thursday a sharp decline in profits for the final quarter of 2024, with net profit attributable to shareholders dropping to €106mn, a 92 per cent fall from the same period ...
2d
Exclusive: Deutsche Bank talks on China JV end over disagreement on control, sources say
Talks between Deutsche Bank , its asset management arm DWS and Chinese lender Postal Savings Bank of China (PSBC) over a ...
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