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Deutsche Bank wants to cut its costs even further - shares among the top DAX performers

Deutsche Bank wants to further reduce its costs in addition to the recent job cuts. In the first quarter, the bank s costs amounted to five billion euros, said CEO Christian Sewing on Tuesday at an.

EQS-AFR: Aareal Bank AG: Preliminary announcement of the publication of financial reports according to Articles 114, 115, 117 of the WpHG [the German Securities Act]

EQS-AFR: Aareal Bank AG: Preliminary announcement of the publication of financial reports according to Articles 114, 115, 117 of the WpHG [the German Securities Act]
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AFR: Aareal Bank AG -March 11, 2024 at 11:24 am EDT

EQS Preliminary announcement financial reports: Aareal Bank AG / Preliminary announcement on the disclosure of financial statements Aareal Bank AG: Preliminary announcement of.

Germany s Aareal Bank sees full year profit decline

Aareal Bank reported consolidated net income of €48 million ($52 million) for the full year, lower than the €153 million posted in the previous year, the German firm said on Thursday. Consolidated operating profit was €149 million, down from €239 million a year ago. But Aareal Bank increased net interest income by 39% to €978 million from €702 million in the previous year. Risk provisions for the year increased to €441 million from €192 million last year, particularly due to substantial risk pro

German lender Aareal hikes provisions in latest sign of property stress

Property lender Aareal earmarked $478 million in provisions for soured loans in 2023, the most in at least a generation and the latest sign of the severity of a commercial real-estate slump rattling.

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