Deutsche FY15 net profit up 93% in India
The bank in news for the forced resignation of its India-born co-chief executive Anshu Jain, had reported a post tax net of Rs 729 crore in the year-ago period.
Jun 18, 2015, 16:13 PM IST
Departing Deutsche Bank co-CEO Anshu Jain to work for free: Media
Deutsche Bank co-Chief Executive Anshu Jain will receive no severance pay and no compensation for working as an adviser to the bank in the six months after his departure, German media reported on Sunday.
Jun 14, 2015, 17:29 PM IST
Deutsche Bank's grip on Asia FX market may slip on Jain's exit
The exit of Deutsche Bank co-chief executive Anshu Jain may see the lender surrender its strong position in Asia`s fast growing foreign exchange and fixed income markets, with incoming CEO John Cryan expected to cut some of the capital-intensive businesses Jain oversaw.
Jun 11, 2015, 10:45 AM IST
Deutsche Bank still faces tough challenges after management overhaul
The shock resignation of Deutsche Bank`s two chief executives may offer Germany`s biggest lender a fresh start but will not be a cure-all for its ills, observers said on Monday.
Jun 08, 2015, 18:30 PM IST
Anshu Jain resigns as co-CEO of Deutsche Bank; John Cryan named new CEO
Jain landed the top spot at Deutsche in 2012 after the investment banking division he ran consistently delivered up to 85 percent of group profit and frequently outperformed peers.
Jun 08, 2015, 08:53 AM IST
Newsmaker Jain puts Deutsche Bank on world stage but leaves it in limbo
The bank faces high costs, huge fines, a new investigation into Russian money laundering, and a half-finished strategic overhaul now left in limbo as the two CEOs who designed it take their leave.
Jun 07, 2015, 23:12 PM IST
Deutsche Bank makes Cryan CEO after Jain, Fitschen resign
Cryan, 54, has been on the bank`s supervisory board since 2013 and was a former chief financial officer of UBS. He will replace Jain from July 1 and become the sole CEO when Fitschen steps down next year, the bank said.
Jun 07, 2015, 19:33 PM IST
Deutsche Bank co-CEOs have offered to resign: Source
Deutsche Bank declined to comment on the resignation offers. Jain did not respond to a message left on his phone. Supervisory board chairman Paul Achleitner could not be reached for comment.
Jun 07, 2015, 19:15 PM IST
Equity market may be volatile for few months: Deutsche Bank
The market direction will also be determined by the ebb and flow of macro data from the US, which will impact the market's assessment of the onset, pace and quantum of the Federal Bank's lift-off on interest rates, it said.
Jun 07, 2015, 12:42 PM IST
Deutsche Bank probes $6 billion suspected money laundering
Deutsche Bank AG is looking into possible money laundering transactions by some of its clients in Russia which could exceed $6 billion, a source familiar with the matter told Reuters on Friday.
Jun 06, 2015, 08:29 AM IST
Deutsche Bank partners with Microsoft, HCL, IBM in tech lab launch
"These labs will act as a bridge between start-ups and different parts of the bank, enabling it to apply innovative technology to enhance service to clients and internal processes," said Henry Ritchotte, Chief Operating Officer and Chief Digital Officer at the bank in a statement.
Jun 03, 2015, 15:33 PM IST
Deutsche sees Rajan cutting rates by 0.25% each next week
Germany's Deutsche Bank joined the chorus of rate cut-callers on Friday saying it expects Reserve Bank Governor Raghuram Rajan to effect a quarter percentage point reduction in the policy rates on Tuesday.
May 29, 2015, 19:45 PM IST
Deutsche Bank boosts Anshu Jain in shakeup, investors object
Deutsche Bank boosted the power of co-chief executive Anshu Jain in a management shakeup, but shareholders criticised the moves as insufficient and demanded more changes to restore confidence in the leadership of Germany`s largest bank.
May 22, 2015, 00:01 AM IST
Deutsche Bank shifts power to co-CEO Anshu Jain in board reshuffle
Deutsche Bank reshuffled its management board late on Wednesday, consolidating restructuring authority under co-Chief Executive Anshu Jain while bidding farewell to its retail banking head Rainer Neske.
May 21, 2015, 09:52 AM IST
Deutsche Bank mulls leaving Britain in case of possible `Brexit`
Deutsche Bank has launched a review to decide whether to relocate some operations to Germany if Britain votes to leave the European Union in a planned referendum, a spokesman said on Tuesday.
May 19, 2015, 17:16 PM IST
Deutsche Bank's co-CEO Fitschen goes on trial over Kirch case
Deutsche Bank`s co-chief executive Juergen Fitschen went on trial on Tuesday, accused of giving misleading evidence in connection with the collapse in 2002 of the Kirch media empire in a case that could prove a major distraction at a time when the bank is undergoing a strategic overhaul.
Apr 28, 2015, 19:19 PM IST
Deutsche's radical revamp foiled by ECB stress test
A radical plan for Deutsche Bank to become a pure investment bank and corporate lender was dropped after stress tests demanded by the European Central Bank concluded the model would not withstand a severe financial crisis, sources said.
Apr 28, 2015, 09:02 AM IST
Deutsche Bank co-CEO in dock on false testimony charges
Deutsche Bank co-CEO Juergen Fitschen is one of five defendants in a trial starting Tuesday accused of giving false testimony in a long-running legal battle with the defunct Kirch media group.
Apr 28, 2015, 08:15 AM IST
Investors question Deutsche Bank's overhaul
Deutsche Bank`s biggest strategic overhaul under co-chief executives Anshu Jain and Juergen Fitschen got a thumbs down from investors on Monday who judged it too little too late.
Apr 27, 2015, 17:27 PM IST
Deutsche Bank sees 3.7 billion euros in restructuring costs
The group said on Monday it would achieve cost savings targets of 3.5 billion euros, once the plan was implemented.
Apr 27, 2015, 11:16 AM IST
