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Deutsche Bank leans on traders as corporate bank outlook cut
WEDNESDAY, DECEMBER 09, 2020
Deutsche Bank said a trading rally that lifted revenue this year continued into the fourth quarter and will help boost growth through 2022, as Chief Executive Officer Christian Sewing relies increasingly on the investment bank for his turnaround plan.
Deutsche Bank fined $150 million for relationship with Jeffrey Epstein, other lapses
WEDNESDAY, JULY 08, 2020
Deutsche Bank has agreed to pay $150 million to settle allegations that it maintained weak internal controls, including processing hundreds of transactions for Jeffrey Epstein despite the billionaire's troubled history.
Deutsche Bank resumes job cuts as bosses forgo a month's pay
WEDNESDAY, MAY 13, 2020
Deutsche Bank abruptly ended a hiatus on staff dismissals, becoming the first major bank to say it will resume job cuts after the coronavirus outbreak put the plans on hold.
Restructuring to have little effect in Asia Pacific: Deutsche Bank
MONDAY, OCTOBER 21, 2019
Market volatility has partly contributed to Deutsche Bank’s Thailand’s outstanding performance, the bank’s executives said, and assured customers that the bank remains committed to the Asia-Pacific despite radical business restructuring globally.
‘No impact on Thailand’ from Deutsche Bank’s radical global restructuring
TUESDAY, JULY 09, 2019
Deutsche Bank’s decision to cut 18,000 jobs worldwide as part of its radical restructuring will have no impact on its banking business in Thailand, the bank’s chief for Thailand said.
Deutsche Bank profits slump in third quarter
WEDNESDAY, OCTOBER 24, 2018
Profits at Germany's biggest lender Deutsche Bank tumbled in the third quarter, the group said Wednesday, but its chief executive said the long-troubled institution was on its way back to profitability.
S&P cuts troubled Deutsche Bank's rating
FRIDAY, JUNE 01, 2018
Ratings agency S&P on Friday downgraded Deutsche Bank's long-term credit rating, as Germany's biggest lender presses ahead with a major revamp aimed at returning to profitability after years of losses.
Deutsche Bank replaces CEO John Cryan with German Christian Sewing
SUNDAY, APRIL 08, 2018
Germany's troubled Deutsche Bank announced late Sunday it was replacing British CEO John Cryan with one of his deputies, German Christian Sewing.
US fines Deutsche Bank, UBS and HSBC over market manipulation
TUESDAY, JANUARY 30, 2018
US authorities on Monday announced fines and charges against three major European banks and eight individuals accused of manipulating futures markets for precious metals.
Deutsche Bank appoints new Thailand head
FRIDAY, FEBRUARY 05, 2016
DEUTSCHE Bank has announced the appointment of Phumchai Kambhato as chief country officer for Thailand.