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 ISTDeutsche 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 ISTDeutsche 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 ISTGerman 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 ISTDeutsche 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 ISTYet 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 ISTDeutsche 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 ISTDilip 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 ISTDeutsche 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 ISTFed 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 ISTDeutsche 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 ISTDeutsche 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 ISTYes 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 ISTChina 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 ISTIndia'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 ISTHDFC 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 ISTCommerzbank 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 ISTDeutsche 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 ISTDeutsche 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 ISTEasing 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