As part of the investment banking expansion strategy, Deutsche Bank (DB) is making efforts to strengthen its fixed-income trading business in the Americas. This was reported by the Financial Times.Ram Nayak, investment banking co-head of DB, aims to boost fixed-income revenues by 20% from 2023 to 2027. Nayak stated that this initiative aligns with the bank’s strategic shift toward growing in “the hardest market in the world, which is the Americas."Nayak highlighted that Deutsche Bank has made significant pr ...

Deutsche Bank Securities agreed to pay a $4 million civil penalty to settle Securities and Exchange Commission (SEC) charges that it failed to file certain Suspicious Activity Reports (SARs) in a timely manner.Without admitting or denying the regulatory agency’s findings, the registered broker-dealer and Deutsche Bank subsidiary agreed to a censure and a cease-and-desist order in addition to the civil penalty, the SEC said in a Friday (Dec. 20) press release.“Even the best information collected from SARs is ...

Deutsche Bank Subsidiary to Pay $4 Million for Untimely Filing Certain Suspicious Activity ReportsDecember 20, 2024 9:23 AM EST | Source: Newsfile SEC Press DigestWashington, D.C.--(Newsfile Corp. - December 20, 2024) - The Securities and Exchange Commission today charged registered broker-dealer Deutsche Bank Securities Inc., a subsidiary of Deutsche Bank AG, for failing to file certain Suspicious Activity Reports (SARs) in a timely manner. Deutsche Bank Securities has agreed to pay a $4 mill ...

Deutsche Bank AG (DB) has offloaded nearly $1 billion in loans tied to U.S. commercial real estate (CRE), as reported by Bloomberg. With this move, the company minimized its exposure to an asset class that adversely impacted its business.Rationale Behind DB’s Sale of CRE LoansDeutsche Bank’s exposure to CRE loans, especially inked to U.S. CRE and office properties, has been concerning investors. As of the end of third-quarter 2024, the bank’s CRE exposure stood at €15 billion, with almost 46% exposure in of ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

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In an attempt to reduce expenses, Deutsche Bank (DB) has laid off 111 senior managers, in particular, directors and managing directors from its retail and wealth management unit. These changes align with the bank’s strategy of trimming higher-paid roles to reduce expenses. According to a Financial Times’ report, the division has also slashed its reliance on external consultants to cut costs by 75%, exceeding the initial target of 70%, which was set in early 2024. This restructuring effort comes as the bank ...

Deutsche Bank (DB) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earni ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and ...

Deutsche Bank (DB) reported third-quarter 2024 earnings attributable to its shareholders of €1.5 billion ($1.6 billion), up 41.7% year over year.Find the latest earnings estimates and surprises on the Zacks Earnings Calendar.The Germany-based lender reported a profit before tax of €2.3 billion ($2.4 billion), up 31.2% year over year. Third-quarter profit growth was driven by approximately €440 million ($474.4 million) partial release of Postbank-related litigation provisions.Excluding Postbank-related litig ...