Deutsche Bank expands debt products with green repo bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Deutsche Bank chief blames Europe for keeping banks small luxtimes.lu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from luxtimes.lu Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Deutsche Bank AG is in talks with a number of Turkish clients to ramp up funding it says will be tied to environmental, social and governance metrics, as part of a wider plan to tap into an increasingly lucrative corner of finance.
The Federal Reserve told Deutsche Bank AG in recent weeks that the lender is failing to address persistent shortcomings in its anti-money-laundering controls, according to people familiar with the matter.
Deutsche Bank swings to Q1 profit on investment bank strength
By Tom Sims
Reuters
FRANKFURT (Reuters) - Deutsche Bank swung to better-than-expected net profit in the first quarter of 2021 as strength at the investment bank helped offset the headwinds of an ongoing restructuring program and the coronavirus pandemic.
Deutsche painted a rosier look for 2021, saying it now expects revenues to be essentially flat, compared with a previous estimate of marginally lower .
The German lender said on Wednesday that its first-quarter net profit attributable to shareholders was 908 million euros ($1.10 billion), which compares with a year-earlier loss of 43 million euros. Analysts had expected a profit of almost 600 million euros.