DB News and Press, Deutsche Bank AG From 10/06/22

Summary Deutsche Bank's management expects its revenue to total EUR 26-27 billion for fiscal 2022, a strong result, indeed. Deutsche Bank's stock is clearly undervalued. Higher interest rates are positive for any bank. The macroeconomic environment is dangerous, especially...

European bank stocks have lagged their global peers for years. For example, the iShares Europe Financials ETF (EUFN) has crashed by more than 30% in 2022 while the SPDR Bank ETF has dropped by about 19%. Here are the cheapest European banks that money can buy today. Credit Suiss...

Summary We decided to sell off some stock to pay off our home equity line of credit completely. This will definitely destroy our passive income at the moment, but I feel like it's a good move being debt-free once again. I will continue dollar-cost averaging into positions each month. ...

Summary Credit Suisse's problems with excessive risk-taking came into focus about 18 months ago, when the implosion of Archegos Capital caused $5.5 billion of losses. Investors took note and concluded that there might be some structural problems with Credit Suisse's culture of ris...

Summary Both CS and DB are trading at distressed valuation. CS will have to go through a painful restructure. DB is already delivering and benefits from interest rate tailwinds. Investors should avoid CS and buy DB. Credit Suisse ( CS ) is currently trading a...

Summary While overall income has risen by 40% since the end of 2019, the 12 biggest firms now have the same number of what are known as “front office producers” as they had then. Many of the extra people are software engineers, hired to make banks leaner and customer...

Summary Deutsche Bank does not deserve to be trading at 0.3x tangible book. Interest rates are a huge tailwind. Credit risks are overblown. DB has a credible path to its 2025 target in spite of the deep recession in the Eurozone. It is all 'bout interest rates, stupid!...

Summary Europe's economic metrics held up decently in the first half of this year, giving rise to some optimism in regards to the economic fallout from its economic divorce with Russia. Deutsche Bank recently released an estimate for EU 2023 GDP growth of -2.2%. I believe that it ...

Deutsche Bank ( NYSE: DB ) stock has risen 3.7% in Thursday morning U.S. trading after the German lender's chief financial officer said the bank is on track to reach the top end of revenue guidance this year. Strong results in fixed income trading and strength in its p...

Deutsche Bank today announced that its New York Branch, Deutsche Bank New York (DBNY), and its affiliate Deutsche Bank Trust Company Americas (DBTCA) have increased their prime lending from 5.50% to 6.25% effective tomorrow, September 22, 2022. About Deutsche Bank Deutsche Bank ...