Deutsche Bank (DB) expanded its collaboration with Bitpanda to offer real-time payment solutions for incoming and outgoing transactions for users in Germany. This API-based account solution will give Bitpanda access to German IBANs, streamlining and improving the user experience while ensuring confidence, speed and efficiency.Bitpanda is a regulated multi-asset broker platform providing more than 2,800 selected virtual assets and indices as well as stocks, ETFs and commodities to retail investors.The deal w ...

Deutsche Bank AG (DB) benefits from a strong balance sheet position and revenue growth. Its strong liquidity profile aids sustainable capital distribution activities. However, a rise in expenses and a deterioration in credit quality are concerning.Deutsche Bank continues to benefit from its deposit balance. The metric has witnessed a 2% CAGR over the last five years (ending in 2023) and the trend continued in the first quarter of 2024. Furthermore, the bank benefits from a diverse deposit base that spans mu ...

Deutsche Bank and cryptocurrency broker Bitpanda have formed an expanded partnership in which the bank will provide real-time payment solutions for the incoming and outgoing transactions of Bitpanda customers in Germany.With this partnership, Bitpanda will have access to German International Bank Account Numbers (IBANs), enabling it to provide greater confidence, speed and efficiency to users of its digital-asset trading platform, the companies said in a Tuesday (June 4) press release.“Deutsche Bank’s commi ...

Group 1: Financial Performance and Projections - Deutsche Bank's Investment Bank segment revenues are expected to rise year over year in Q2 2024, driven by significant growth in Origination & Advisory revenues, which increased by 54% to €503 million in Q1 2024 [1][2] - Fixed Income and Currencies revenues are anticipated to be slightly lower in Q2 2024 compared to the previous year, despite a 7% increase to €2.5 billion in Q1 2024 [2] - The Corporate Bank segment is projected to see steady growth in non-interest income, while net interest income is expected to remain resilient, leading to stable overall segment revenues [2] Group 2: Cost Management and Litigation - Deutsche Bank aims to achieve a cost trajectory of around €5 billion in Q2 2024, with non-interest expenses declining by 3% year over year to €5.3 billion in Q1 2024 [3] - The bank has recognized €1.3 billion related to the Postbank litigation issue in the Corporate & Other segment in Q2 2024 [3] Group 3: Stock Performance - Over the past six months, Deutsche Bank's stock has gained 33.5%, outperforming the industry's growth of 13.6% [5]

Deutsche Bank (DB) is set to shut down the U.S. operations of its London stockbroker subsidiary, Numis Securities. This decision comes to light as the company attempts to streamline its operations following a decrease in Numis’ estimated value.In October 2023, Deutsche Bank acquired Numis for £410 million ($500 million) and rebranded it as Deutsche Numis. However, in February 2024, it lowered the estimated value of the company by £200 million ($253 million) due to impairment charges that are often associate ...

BERLIN, GERMANY - APRIL 27: The logo of German bank Deutsche Bank hangs over one of the bank's ... [+] branches on April 27, 2015 in Berlin, (Photo by Sean Gallup/Getty Images)Getty ImagesDeutsche Bank’s stock (NYSE: DB) has gained 24% YTD, as compared to a 12% rise in the S&P500 over the same period. Further, it is currently trading at $17 per share, which is 17% above its fair value of just below $14 – Trefis’ estimate for Deutsche Bank’s valuation.Amid the current financial backdrop, DB stock has shown s ...

NEW YORK, May 16, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Deutsche Bank Aktiengesellschaft ("Deutsche Bank" or the "Company") (NYSE: DB). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Deutsche Bank and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.[Click here for information about joining the class action]On A ...

Deutsche Bank (DB) reported first-quarter 2024 profit attributable to its shareholders of €1.3 billion ($1.41 billion), up 10.1% year over year. The Germany-based lender reported a profit before tax of €2 billion ($2.17 billion), up 10% year over year.Results were positively impacted by higher net revenues and lower expenses. This led investors to turn bullish on the stock, resulting in a gain of 8.7%. However, higher provision for credit losses was an offsetting factor.Revenues Rise & Expenses FallThe bank ...

Deutsche Bank AG (NYSE:DB) Q1 2024 Earnings Conference Call April 25, 2024 5:00 AM ET Company Participants Ioana Patriniche - Head, IR Christian Sewing - CEO & Chairman James von Moltke - President & CFO Conference Call Participants Kian Abouhossein - JPMorgan Chase & Co. Anke Reingen - RBC Capital Markets Nicolas Payen - Kepler Cheuvreux Chris Hallam - Goldman Sachs Group Jeremy Sigee - BNP Paribas Exane Thomas Hallett - KBW Giulia Miotto - Morgan Stanley Andrew Coombs - Citigroup Stefan Stalmann - Autonom ...

Exhibit 99.1 Content Strategy Group results Segment results Consolidated balance sheet Outlook Risks and Opportunities Risks Opportunities Risk information Additional information Management and Supervisory Board Events after the reporting period Basis of preparation/impact of changes in accounting principles Total net revenues Earnings per common share Consolidated statement of comprehensive income Impact of ECB Targeted Longer-term Refinancing Operations (TLTRO III) Provisions Non-GAAP financial measures I ...