Deutsche Bank may exit some businesses, CEO says after profit miss
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 targets €32B revenue and below 65% cost-income ratio for 2025
Q4 2024 Management View CEO Christian Sewing highlighted 2024 as a transition year, with significant progress made in transforming the business model. Pre-provision profit increased by 19% year-on-year when adjusted for specific items,
Barclays price target raised to 350 GBp from 320 GBp at Deutsche Bank
Deutsche Bank raised the firm’s price target on Barclays (BCS) to 350 GBp from 320 GBp and keeps a Buy rating on the shares. Even if you give Barclays no credit for the least predictable parts of their strategy,
Deutsche Bank sees FY25 revenues around EUR 32B
RoTE target in 2025 and capital distribution goal reaffirmed, reflecting expectations of: 2025 revenues of around EUR 32B, in
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 is a victim of its own success as it hikes cost guidance
Deutsche Bank delivered bad news on spending, and investors weren’t happy. Deutsche Bank on Thursday said it’s now targeting a cost-to-income ratio of below 65% this year, versus a previous target of below 62.
Deutsche Bank warns on costs as profits plunge
Deutsche Bank warned investors that costs in 2025 would be higher than expected after fourth-quarter profits plunged and the bank missed its 2024 cost target and analyst expectations as it was hit by litigation charges and higher-than-expected loan losses.
Deutsche Bank Launches Share Buyback as Costs Hit Profit
Germany’s largest lender by total assets will buy back shares and reported a worse-than-expected drop in profit due to well-flagged higher costs.
Deutsche Bank AG (DB) Gets a Buy from Barclays
In a report released today, Flora Bocahut from Barclays maintained a Buy rating on Deutsche Bank AG (DB – Research Report), with a price target ...
Deutsche Bank Expected to Restart Buybacks -- Earnings Preview
Deutsche Bank is scheduled to report results for the fourth quarter of 2024 on Thursday, Jan. 30. It is also expected to announce a share buyback after last year's pause following a court decision on ...
Cerberus woos Star Entertainment creditor group for a slice of debt
Cerberus’s dealmakers have made it clear to Star’s lender group that they are interested in buying a slice of its debt, which ...
3i Group plc (III) Receives a Buy from Barclays
In a report released today, Michael Sanderson from Barclays maintained a Buy rating on 3i Group plc (III – Research Report), with a price ...
The Fed will likely stand pat after flurry of rate cuts. After that? It's anybody's guess.
The Fed will likely pause its rate cuts this week. After that, uncertainty over Trump's tariff, immigration plans make ...
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Barclays Issues Equal Weight Rating for Realty Income Corp (O) Stock
Realty Income Corp (O) stock saw a modest uptick, ending the day at $55.26 which represents a slight increase of $0.64 or 1.17% from the prior close of $54.62. The stock opened at $54.73 and touched a ...
Jefferies Hires Kerry as Co-Head of EMEA Leveraged Finance
Jefferies Financial Group Inc. hired Tim Kerry from Barclays Plc as the bank builds up its ranks to prepare for a wave of M&A ...
Deutsche Bank Sticks to Its Hold Rating for LVMH Moet Hennessy Louis Vuitton (0HAU)
In a report released today, Adam Cochrane from Deutsche Bank maintained a Hold rating on LVMH Moet Hennessy Louis Vuitton (0HAU – Research ...