TOKYO (Reuters) – SoftBank Group Corp is in talks to sell “a significant portion” of its T-Mobile US stake to controlling shareholder Deutsche Telekom AG, the Wall Street Journal reported on Monday, citing unidentified sources. A deal would see Deutsche Teleko... More »
FRANKFURT (Reuters) – Deutsche Bank (DBKGn.DE) has declined a request by prominent U.S. senators to provide information about the German lender’s recent business dealings with U.S. President Donald Trump and his family, according to a letter this week seen by ... More »
LONDON (Reuters) – Deutsche Bank said on Wednesday it still sees a 50% chance that Britain will leave the European Union without a deal by the end of the year following a general election, but said there’s a 20% chance of a “surprise” agreement later this mont... More »
COLOGNE (Reuters) – Deutsche Post has received expressions of interest from potential partners for StreetScooter, its electric van business, board member Tobias Meyer said on Friday. “We see broad interest along the entire value chain,” Meyer said, adding that... More »
BERLIN (Reuters) – Dagmar Valcarcel, a legal expert, will join Deutsche Bank’s supervisory board, German newspaper Handelsblatt said on Wednesday without naming its sources. The newspaper said the position had become free because Stefan Simon was moving into t... More »
ZURICH (Reuters) – With other parts of its business facing hefty cuts, Deutsche Bank wants to expand its European operations handling the assets of rich clients and take market share from rivals after staunching the outflow of assets. Hiring new client relatio... More »
FRANKFURT/SYDNEY/HONG KONG (Reuters) – Deutsche Bank (DBKGn.DE) shares rose on Monday as it launched one of the biggest overhauls of its investment bank since the financial crisis by cutting 18,000 jobs around the world, starting the day with cuts in Asia. The... More »
WASHINGTON (Reuters) – Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by President Donald Trump and his son-in-law, Jared Kushner, be reported to a federal financial-c... More »
FRANKFURT (Reuters) – Deutsche Bank denied a report that said some of its executives rejected the advice of the bank’s own anti-money laundering specialists and prevented some transactions involving entities controlled by President Donald Trump and his son-in-... More »
BRUSSELS (Reuters) – Euro zone banking watchdogs said banks planning mergers should make sure they could be wound down in a crisis, a warning likely to resonate with executives seeking to merge German giants Deutsche Bank and Commerzbank. The two lenders confi... More »
NEW YORK (Reuters) – Deutsche Bank has hired Bank of America Corp’s Robert Innocentin as a managing director within its financial sponsors group, according to a memo seen by Reuters on Monday. Innocentin will join Deutsche Bank in May after four years as a man... More »
NEW YORK (Reuters) – Hedge fund investor Doug Kass said on Wednesday that he is adding to his already large bank exposure in Citigroup Inc, JPMorgan Chase & Co, Bank of America Corp and Wells Fargo & Co as Deutsche Bank AG’s problems “will benefit large U.S. m... More »
FRANKFURT (Reuters) – Deutsche Bank (DBKGn.DE) plans to cut 10,000 jobs, or about a tenth of its global workforce, as part of efforts to reduce costs, a person with knowledge of the matter said on Wednesday. The German bank’s supervisory board met on Wednesday... More »
FRANKFURT (Reuters) – Deutsche Boerse, the German stock exchange operator, is planning a major shakeup of the composition of three key indexes later this year that affects technology stocks. Technology shares will now be included in the midcap index MDAX and t... More »
(Reuters) – Deutsche Bank AG will shift its New York headquarters from Wall Street to a location midtown, at a time when Germany’s largest bank is scaling back its U.S. operations. The bank will relocate to One Columbus Circle from 60 Wall Street, according to... More »
FRANKFURT (Reuters) – Deutsche Telekom (DTEGn.DE) CEO Tim Hoettges expressed confidence on Monday that the $26 billion takeover of Sprint Corp (S.N) by its U.S. unit T-Mobile US (TMUS.O) would clear anti-trust hurdles. Hoettges, speaking after the all-stock de... More »
FRANKFURT (Reuters) – Deutsche Telekom (DTEGn.DE) said its leverage would increase beyond its target corridor as a result of the takeover by its unit T-Mobile US (TMUS.O) of Sprint Corp (S.N), but will return to the comfort zone in 2021. Deutsche Telekom’s adj... More »
Deutsche Bank building before the bank’s annual news conference in Frankfurt, Germany, February 2, 2018. REUTERS/Ralph Orlowski FRANKFURT (Reuters) – Deutsche Bank on Friday posted its third consecutive annual loss in 2017, taking a hit from challenging market... More »
Deutsche Bank CEO John Cryan poses before the bank’s annual news conference in Frankfurt, Germany, February 2, 2018. REUTERS/Ralph Orlowski FRANKFURT (Reuters) – Deutsche Bank expects its costs to decline by only 4 percent to 23 billion euros ($28.8 billion) t... More »
The collapse of the attempt by T-Mobile US to merge with Sprint Corp will underline its importance as a driver of growth when its main owner, Deutsche Telekom, reports quarterly results this week. More »
T-Mobile US (TMUS.O) will pursue a growth strategy in the United States after ending merger talks with Sprint Corp (S.N) on Saturday, majority owner Deutsche Telekom (DTEGn.DE) said. More »
A strong No. 3 player in the U.S. wireless market would enhance competition, the chief of Deutsche Telekom (DTEGn.DE) told a German newspaper, as T-Mobile US Inc (TMUS.O) seeks to merge with Sprint Corp (S.N). More »
Deutsche Bank AG and Bank of America Corp agreed to pay a combined $65.5 million to settle investor litigation accusing large banks of rigging the roughly $9 trillion government agency bond market over a decade. More »
FILE PHOTO: The headquarters of Germany’s Deutsche Bank is seen early evening in Frankfurt, Germany, January 26, 2016. Deutsche Bank has exchanged a pre-let agreement for its new City of London headquarters, the building’s developer Land Securities said on Tue... More »
FILE PHOTO: The logo of Deutsche Bank is seen at its headquarters ahead of the bank’s annual general meeting in Frankfurt, Germany May 18, 2017. REUTERS/Ralph Orlowski/File Photo Deutsche Bank AG’s (DBKGn.DE) wealth management division said on Monday it plans ... More »
London Stock Exchange CEO Xavier Rolet reacts during a conference on financial regulation, in London, Britain November 11, 2015. REUTERS/Suzanne Plunkett If the merger of the London Stock Exchange and Deutsche Boerse goes ahead, it would have its head office i... More »
A woman walks past the London Stock Exchange building in the City of London, Britain, January 16 , 2017. REUTERS/Toby Melville London Stock Exchange (LSE.L) said its proposed merger with Deutsche Boerse AG (DB1Gn.DE) was unlikely to be approved by the European... More »
People walk past the logo of German telecommunications giant Deutsche Telekom AG seen at the Telekom’s headquarters in Bonn February 25, 2016. REUTERS/Wolfgang Rattay/File Photo Britain’s National Crime Agency (NCA) has arrested a suspect in connection with la... More »
Carsten Kengeter, CEO of Deutsche Boerse talks to the media during the presentation of FinTec start-up facilities provided by Deutsche Boerse in Frankfurt, Germany, February 24, 2016. REUTERS/Kai Pfaffenbach Deutsche Boerse’s (DB1Gn.DE) supervisory board backe... More »
A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany September 30, 2016. REUTERS/Kai Pfaffenbach/File Photo Deutsche Bank’s pursuit of success on Wall Street has come at a high price, a $7 billion plus penalty illustrating the... More »
A statue is pictured next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany September 30, 2016. REUTERS/Kai Pfaffenbach/File Photo A unit of Deutsche Bank AG conceded that it misled investors and violated securities laws and will pay more than $40 m... More »
The logo of Germany’s largest business bank, Deutsche Bank is seen in front of one of the bank’s office buildings in Frankfurt, Germany, October 27, 2016. REUTERS/Kai Pfaffenbach Deutsche Bank’s (DBKGn.DE) sale of a 20 percent stake in Chinese peer Hua Xia (60... More »
Jeroen Dijsselbloem participates in a discussion on the global economy during the World Bank/IMF Annual Meeting in Washington October 9, 2014. REUTERS/Joshua Roberts The fine proposed by the United States for Deutsche Bank is too big and undermines financial s... More »
Ratings agency Moody’s said it would be positive for Deutsche Bank’s (DBKGn.DE) bondholders if the lender could settle U.S. allegations that it mis-sold mortgage-backed securities for around 2.75 billion euros, or $3.1 billion. More »
The Deutsche Bank headquarters are seen in Frankfurt, Germany October 28, 2015. REUTERS/Kai Pfaffenbach/File Photo Deutsche Bank (DBKGn.DE) is throwing its energies into reaching a settlement before next month’s presidential election with U.S. authorities dema... More »
The Deutsche Bank headquarters are seen in Frankfurt, Germany October 29, 2015. REUTERS/Kai Pfaffenbach/File Photo There is no reason for speculation about possible German state aid for Deutsche Bank (DBKGn.DE), a spokesman for Angela Merkel said on Monday, co... More »
The headquarters of Germany’s Deutsche Bank is photographed early evening in Frankfurt, Germany, January 26, 2016. REUTERS/Kai Pfaffenbach/File Photo Deutsche Bank (DBKGn.DE) will solve its problems without relying on help from Berlin, Germany’s flagship lende... More »
U.S. regulators are expanding their probe into Deutsche Bank AG (DBKGn.DE)(DB.N) as a money laundering investigation of a Moscow unit has widened into possible sanctions violations, the Financial Times reported, citing sources. The U.S. Justice Department and ... More »
