DB News and Press, Deutsche Bank AG From 12/10/20

Deutsche Bank's (DB) Chinese subsidiary gets a domestic fund custody license, allowing it to hold securities for on behalf of mutual funds and private funds based in China.The German lender becomes the second foreign bank to obtain a fund custody license, following Citigroup, which received o...

Relying on increased cost-cutting, better-than-expected performance at its revamped investment bank, and higher leverage, Deutsche Bank (DB) is "switching from defense to offense," CEO Christian Sewing told investors today.The bank is on track to produce a return on tangible equity of 8% by 2...

DB, year-to-date, is the best-performing bank with a large capital markets franchise. The strategic restructure appears to be paying dividends. DB is executing well on initiatives it can control. DB caught a lucky break with record investment banking trading income in 2020. ...

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Deutsche Bank ([[DB]] +6.1%) inks a multi-year partnership with Google ([[GOOG]] -0.0%) Cloud to accelerate the bank's transition to the cloud and develop new products and services.The move is intended to improve resilience, deliver new capabilities to market quicker, and reduce cost over tim...

Deutsche Bank and Google Cloud Sign Pioneering Cloud and Innovation Partnership FRANKFURT , Germany and SUNNYVALE, Calif. , Dec. 4, 2020 /PRNewswire/ -- Deutsche Bank (XETRA: DBKGn.DB / NYSE: DB) and Google Cloud have finalised a strategic, multi-year partnershi...

EU banks may be allowed to pay dividends again next year if they can show regulators that their balance sheets are strong enough to withstand the economic and financial effects of the COVID-19 pandemic, the Financial Times reports, citing a senior European Central Bank executive.Back in March...

Deutsche Bank ([[DB]] +2.4%) is considering a policy that would allow most employees to work from home two days a week on a permanent basis as Germany's largest bank as it incorporates lessons learned during the COVID-19 pandemic, Bloomberg reports, citing people familiar with the matter.The ...

Deutsche Bank announced today its appointment as depositary bank for the NYSE-listed American Depositary Receipt program of Yatsen Holding Limited. Yatsen Holding Limited (NYSE: YSG), headquartered in Guangzhou, China, operates in the Chinese beauty market and has launched s...