As filed with the Securities and Exchange Commission on March 14, 2024 UNITED STATES SECURITIES EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ SHELL COMPANY REPORT PURSUANT TO ...

Deutsche Bank has upgraded its rating on Glencore PLC (LSE:GLEN) stock from hold to buy with a 540p price target. Liam Fitzpatrick, head of metal and mining equity research at Deutsche Bank, commented: “We expect the market focus to shift towards the upcoming completion of the EVR acquisition and a decision on whether or not to proceed with the CoalCo demerger. “We believe there is a growing chance that the planned separation is deferred and, if so, Glencore will again become the leading cash generator in t ...

Core Viewpoint - Deutsche Bank AG has announced a new share buyback program authorized by the European Central Bank, allowing the repurchase of shares up to €675 million, which is 50% higher than the previous program completed in 2023 [1][2] Group 1: Share Buyback Program - The new share buyback program will commence on March 4, 2024, and is set to be completed by July 23, 2024 [1] - The previous buyback program in 2023 involved repurchasing 45.5 million shares at a weighted average price of €9.88 per share [1] Group 2: Capital Distribution and Dividends - Deutsche Bank plans to enhance shareholder value through dividends and share buybacks, with a projected dividend of 45 cents per share for 2023 [2] - Total capital distributions to shareholders are expected to reach €1.6 billion in 2024 and €3.3 billion in 2022, with over €1 billion returned in 2023 [2] - Management emphasizes that substantial capital distributions are a key part of their Global Hausbank strategy, aiming to exceed the €8 billion distribution goal set for 2022-2026 [2] Group 3: Stock Performance - Deutsche Bank shares have increased by 9.1% on the NYSE over the past three months, outperforming the industry growth of 5.4% [3] - The company currently holds a Zacks Rank 1 (Strong Buy), indicating strong market confidence [3]

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued ...

Direct Line’s apparent rejection of the 233p per share offer from Belgian group Ageas is a surprise suggest analysts at Deutsche Bank, though suggests they expect a better offer. At the price, the bid was a 43% premium to the previous night’s close and implied a value of £3.1 billion. “We are not surprised that there could be interest - it has been mulled as a target, notwithstanding wider consolidation in the UK P&C space,” said the bank. “We value the shares at 250p, and even without a takeover bid, we li ...

NEW YORK--(BUSINESS WIRE)--Deutsche Bank announced today its appointment as depositary bank for the American Depositary Receipt program of Lotus Technology Inc. Lotus Technology Inc. (NASDAQ: LOT) is a leading global luxury electric vehicle maker dedicated to delivering sustainable luxury mobility via research and development of proprietary next-generation technologies, including in autonomous driving, lightweight engineering, and high-performance architectures.* In addition to specializing in administeri ...

HSBC Holdings plc (HSBC) gets approval from Russia’s president Vladimir Putin to sell its Russia unit to Expobank. In July 2022, HSBC agreed to sell a 100% stake in the Russia unit, HSBC Bank (RR) LLC.By June 2021-end, HSBC’s Russia business was worth 89.9 billion rubles and employed nearly 250 people.Post the Russia-Ukraine conflict, many of the world’s top financial companies began either selling or reducing their businesses in Russia because Western sanctions made operating there increasingly difficult.S ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors rely on traditional forms of analysis on key ...

Unilever’s trading update contained several pleasant surprises according to Deutsche Bank, which has tweaked its numbers and stuck with a ‘buy’ recommendation. “Gross margin surprised to the upside as did volume growth and this before the new management have fully mobilised their action plan,“ said the bank. “There remains a high skew between the outperformers and underperformers in the [consumer staples] Group which could provide some volatility, but we see Unilever progressing towards a steadier compoundi ...

The Wall Street “meme-lord” behind the social media account Litquidity — which famously aired junior Goldman Sachs bankers’ gripes about 100-hour work weeks during the pandemic — has been identified as a 32-year-old former Deutsche Bank investment banker.Miami-born Henry “Hank” Medina described himself as “the observer” in an office full of “loudmouths” to the Financial Times, the first outlet to report on the man behind the @Liquidity accounts — which have a collective roughly 2.2 million followers betwee ...