Deutsche Bank

Deutsche Bank Q1 profits fall 50% over litigation costs

Deutsche Bank said Sunday its profits fell around 50 percent year on year in the first quarter over legal costs from a rate-rigging case brought by US and British authorities.

Apr 26, 2015, 21:46 PM IST

Deutsche to cut investment bank, hive off Postbank in revamp

Deutsche Bank will cut back investment banking, split off its Postbank retail chain and slash costs, the group said late on Friday, in a restructuring plan designed to restore profitability.

Apr 25, 2015, 06:48 AM IST

Deutsche Bank to pay $2.5 bn fine for interest rate-rigging

Deutsche Bank has agreed to pay a $2.5-billion fine to settle US and British accusations that more than 20 employees engaged in a "widespread effort" to rig benchmark interest rates for profit between 2005 and 2009, officials said on Thursday.

Apr 24, 2015, 01:24 AM IST

German Postbank staff strike, fearing sale by Deutsche Bank

Staff at German bank Postbank launched an indefinite strike Monday in eastern parts of the country, amid growing speculation parent company Deutsche Bank plans to sell off the subsidiary.

Apr 20, 2015, 18:34 PM IST

Deutsche upgrades Rolta India bonds, disputes short-seller report

Deutsche said it agreed with the company`s response that Glaucus had made factual errors in its report and the report had very little new information.

Apr 17, 2015, 08:26 AM IST

Yet to find anything Chanda Kochhar can't do: Anshu Jain

Praising the leadership qualities of ICICI Bank chief Chanda Kochhar, her friend and Deutsche Bank co-CEO Anshu Jain has said he is yet to find anything she can't do.

Apr 16, 2015, 22:31 PM IST

Deutsche Bank fined $8.4mn in Dubai for serious breaches

The fine is the result of a long-running dispute between the Dubai Financial Services Authority (DFSA) and Deutsche Bank AG (DBDIFC) relating to events beginning in 2011.

Apr 16, 2015, 15:34 PM IST

Dilip Buildcon files for nearly $100 mn IPO

Deutsche Bank and Axis Bank are the managers for the issue, the sources added.

Apr 01, 2015, 10:33 AM IST

Deutsche Bank faces new Libor probe in US: Source

Deutsche Bank is under investigation in New York state for rigging the Libor interest rate, a person familiar with the probe said Monday.

Mar 24, 2015, 11:40 AM IST

Fed rejects capital plans of US arms of Deutsche Bank, Santander

The Federal Reserve rejected the capital plans of the US operations of Spanish bank Santander and Germany`s Deutsche Bank, saying it saw serious problems in the planning processes of both.

Mar 12, 2015, 02:43 AM IST

Deutsche Bank co-CEO to face trial on false testimony chages

Deutsche Bank co-chief Juergen Fitschen will face trial in April on allegations he gave false evidence in a long-running legal battle with the defunct Kirch group, the court said Monday.

Mar 02, 2015, 22:54 PM IST

Deutsche Bank posts better-than-expected profit jump

Analysts polled by Factset had pencilled in a net profit for last year of 1.3 billion euros after the bank had posted 681 million euros in 2013.

Jan 29, 2015, 16:26 PM IST

Yes Bank leads race for Deutsche's Indian fund arm: Sources

Yes Bank is the main suitor in the race for Deutsche Asset Management (India) Pvt. Ltd`s mutual fund business in India, two sources who are directly involved in the process said, although talks are still at an early stage.

Jan 22, 2015, 16:28 PM IST

China faces biggest fiscal challenge since 1981: Deutsche Bank

China`s fiscal revenue growth is set to hit a three-decade low in 2015, Deutsche Bank said in a report, complicating policymakers` efforts to rein in runaway local government debt without crippling the broader economy.

Jan 13, 2015, 14:35 PM IST

India's sovereign rating upgrade likely in 2015: Report

Improving external balances and government actions may drive a sovereign rating upgrade for the country during the current calendar year, according to a report by Deutsche Bank (DB).

Jan 09, 2015, 00:43 AM IST

HDFC Ergo inks distribution pact with Deutsche Bank

HDFC Ergo General Insurance Company on Thursday said it has entered into a distribution agreement with Deutsche Bank.

Dec 04, 2014, 19:44 PM IST

Commerzbank hits customers with negative interest rates

Commerzbank, Germany`s second-biggest lender, announced Thursday that it will start charging large corporate customers and institutional investors to hold a high level of deposits on their accounts.

Nov 20, 2014, 17:37 PM IST

Deutsche Bank passes ECB test, braces for Libor deal: Sources

Deutsche Bank passed the stress test led by the European Central Bank by a wide margin, showing balance sheet strength well above the minimum requirements set by Europe`s new banking regulator, two sources familiar with the matter said on Friday.

Oct 24, 2014, 21:18 PM IST

Deutsche Bank co-CEO, 4 others face charges

Prosecutors in Germany have brought charges against Deutsche Bank co-CEO Juergen Fitschen and two former CEOs in connection with what prosecutors say were false statements in a court case.

Sep 23, 2014, 19:42 PM IST

Easing liquidity may make RBI less hawkish: Deutsche

Adds continued foreign inflows into India and rising financial savings could keep liquidity easy.

Sep 22, 2014, 14:25 PM IST