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DB News and Press, Deutsche Bank AG From 06/26/23

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Company Name: Deutsche Bank AG
Stock Symbol: DB
Market: NYSE

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DB - Deutsche Bank tells clients full access to their Russian shares no longer guaranteed - report

2023-06-26 08:40:18 ET Deutsche Bank ( NYSE: DB ) was said to have informed its clients that it can no longer guarantee full access to their Russian stocks as the country's war in Ukraine made it hard for global investors to recover stakes. In a June 9 note, DB had unveiled a de...

DB - Deutsche Bank: The Restructuring Strategy Is Delivering

2023-06-22 04:42:13 ET Summary Deutsche Bank reported a solid performance in a volatile market. There is continued progress in all the company's divisions with higher targets in the restructuring agenda. The bank reiterated its 2023 outlook with low loan loss provisions and ex...

DB - Deutsche Bank sees Q2 FICC down as much as 20% vs strong year-ago results

2023-06-15 15:07:33 ET Deutsche Bank ( NYSE: DB ) is seeing its Q2 FICC trading falling ~15%-20% from a year ago. Compared with an unusually strong Q1 and Q2 in 2022, "we're naturally going to have a step back," said Chief Financial Officer Jacob von Moltke on Thursday. In ...

DB - Altisource says John de Jongh, Jr., resigns from board in wake of JPMorgan settlement

2023-06-12 17:07:46 ET Altisource Asset Management ( NYSE: AAMC ) said on Monday John P. de Jongh, Jr., its former chairman as well as former governor of the U.S. Virgin Islands, voluntarily resigned from the company's board to avoid distractions from the operations of the compa...

DB - JPMorgan Chase ready to pay $290M to settle Epstein victims' suit - report

2023-06-12 10:01:16 ET JPMorgan Chase ( NYSE: JPM ) is prepared to pay $290M to settle a lawsuit with sexual abuse victims of deceased financier Jeffrey Epstein, according to a media report on Monday. Earlier, the New York Times reported on a tentative settlement betwe...

DB - JPMorgan reaches tentative settlement of lawsuit by Epstein victims

2023-06-12 08:15:20 ET JPMorgan Chase ( NYSE: JPM ) on Monday reached a tentative settlement with sexual abuse victims of Jeffrey Epstein over its longstanding relationship with the financier, according to a media report. The settlement will avert a trial that would have even mo...

DB - Morgan Stanley starts cutting ties with Crispin Odey after new allegations - reports

2023-06-08 11:53:17 ET Morgan Stanley ( NYSE: MS ) has started ending its relationships with Crispin Odey's hedge fund firm, and JPMorgan Chase ( NYSE: JPM ) is reviewing its ties with him and Odey Asset Management, according to media reports. Morgan Stanley has started ...

DB - Google Introduces A Differentiated GTM Strategy For Generative AI

2023-06-08 10:42:29 ET Summary Google Cloud has introduced "Google Cloud Consulting" to further complement the go-to-market strategy for its growing slate of generative AI solutions. This marks Google's latest development in the heated AI arms race among hyperscale cloud providers...

DB - Stronger capital rules may be coming for the largest U.S. banks

2023-06-05 03:41:19 ET Big U.S. lenders like Morgan Stanley ( NYSE: MS ) may soon face revised capital rules following the collapse of smaller regional players earlier this year, according to the Wall Street Journal . Overall capital requirements could be raised by about 20%...

DB - 5 Reasons Deutsche Bank Should Be In Your Portfolio Of Bank Stocks

2023-06-04 02:21:05 ET Summary Deutsche Bank is considered a strong buy based on its undervalued P/B ratio, healthy capital position, competitive dividend yield, diversified revenue stream, and bearish price trend. The bank's risks, such as exposure to commercial real estate loans...

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