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A group of financial firms including Goldman Sachs, Citigroup, Banco Santander, and Deutsche Bank have committed around $270 million in funding toward a joint stablecoin venture. This investment reflects the growing interest and involvement of major banks in the cryptocurrency space.
Major lenders reporting on Wednesday include Deutsche Bank, BNP Paribas, Santander and Standard Chartered.
Deutsche Bank AG’s revenue from fixed-income trading declined in the third quarter, meeting analyst estimates.
Deutsche Bank AG posted fixed-income trading revenue that outperformed Wall Street banks in the third quarter, showing how the lender’s effort to grow the business is paying off.
Deutsche Bank AG Chief Executive Officer Christian Sewing urged the German government to step up reforms and do more to roll back employment protection in an interview with Bild am Sonntag.
A selloff in shares of European banks resumed on Wednesday, with the likes of Societe Generale SA and Deutsche Bank AG tumbling more than 5%. This decline comes as mounting fears over political turmoil sent bond yields higher.
A group of banks led by Bank of America Corp. and Deutsche Bank AG offered a rare concession to help get a €2.8 billion ($3.2 billion) financing deal for Platinum Equity’s acquisition of a stake in Nestle SA’s water business across the line.
Indian-born bankers have led global financial giants from Deutsche Bank AG and Citigroup Inc. to Barclays Plc. Yet at home, the country’s lenders can face a string of challenges finding executives for the top job.
Lenders including Bank of America Corp. and Deutsche Bank AG have launched a €2.8 billion ($3.3 billion) debt sale to help finance Platinum Equity’s purchase of a stake in Nestle SA’s water business.
DWS, the asset management unit of Deutsche Bank, will revert to the Deutsche Bank name, becoming Deutsche Asset Management. This change comes eight years after the firm distanced itself from the Deutsche Bank brand ahead of its IPO.
Deutsche Bank AG is stepping up its use of artificial intelligence with the adoption of a new Google Cloud service as it seeks to generate more revenue and keep a lid on costs.
DWS Group is partnering with life insurance consolidator Frankfurter Leben as the asset manager owned by Deutsche Bank AG seeks to access the industry’s vast capital pools.
German regulator fines Deutsche Bank €8 million in Postbank customer migration
Deutsche Bank launches digital asset custody service
Deutsche Bank expects Fed rate hike in January 2027 after hot inflation data
Deutsche Bank on Track to Reach 2026 Goals After Earnings, Revenue Rise
Deutsche Bank prepares crypto custody launch, targets Asia growth
German financial watchdog sets Deutsche Bank new deadlines over data systems
Wealthy investors view rates and yields as the biggest growth risk, says Deutsche Bank
Deutsche Bank names Vikas Arora Philippines country head
Deutsche Bank to lose a third of German staff to retirement by mid-2030s, CEO tells DIE ZEIT
Deutsche Bank Q3 investment bank revenue likely flat to slightly down, CFO says
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