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DB News and Press, Deutsche Bank AG From 02/24/22

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

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DB - Financial stocks swoon as bond yields drop after Russia moves into Ukraine

Bank and financial stocks are slumping after Russia's military action in the Ukraine prompts investors to move money into safer havens of government bonds. The 10-year Treasury yield falls 14 basis points to 1.86% after having reached almost 2.0% late Wednesday. Financial Select Sector SPDR E...

DB - Deutsche Bank's new London headquarters close in on $1.3B sale - Bloomberg

New South Wales Treasury Corp., known as TCorp, is in talks to buy Deutsche Bank AG's (NYSE:DB) new London headquarters from Land Securities Group, the site's developer, Bloomberg reported, citing people with knowledge of the matter. The organization that helps fund the public sector in Austr...

DB - Roku Stock Could Pop After Today's Earnings, But Don't Bet on It

InvestorPlace - Stock Market News, Stock Advice & Trading Tips All eyes are on streaming platform Roku (NASDAQ: ROKU ) stock ahead of its earnings report at today’s close (Feb. 17). Source: Michael Vi / Shutterstock.com It’s been a tough time for Roku sharehol...

DB - UPDATE -- Apollo Funds to Acquire Majority Stake in Novolex

NEW YORK and HARTSVILLE, S.C., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) and Novolex Holdings LLC ("Novolex" or the "Company"), a leading global manufacturer of diverse packaging products for the foodservice, delivery and carryout, food processor and industrial markets, today ann...

DB - Apollo Funds to Acquire Majority Stake in Novolex

NEW YORK and HARTSVILLE, S.C., Feb. 14, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) and Novolex Holdings LLC ("Novolex" or the "Company"), a leading global manufacturer of diverse packaging products for the foodservice, delivery and carryout, food processor and industrial markets, today ann...

DB - Bank stress tests will pose a bigger economic drop from higher starting point in '22

This year's stress tests conducted by the Federal Reserve Board will analyze large banks to determine if they have enough capital to continue operating if the economy should sour. All banks operating in the U.S. with over $100B in assets are required to participate. This year is the first yea...

DB - Shares of Deutsche Bank AG (DB) Rise to a New 52-Week High

Shares of Deutsche Bank AG (NYSE:DB) traded today at $16.70, eclipsing its 52-week high. Approximately 1.9 million shares have changed hands today, as compared to an average 30-day volume of 4.7 million shares. In July 2019, Deutsche Bank announced another restructuring plan hoping to re...

DB - The Greek Selloff Opportunity

Greek bonds are once again at the center of the selloff and Greek yields are up 200 basis points since last August. Unlike ten years ago, Greek and Italian banks have rallied by 25 percent. Although European banks outperformed US peers, their valuations are exceptional cheap. Euro...

DB - Cerberus seeks to sell off more shares of Deutsche Bank - Reuters

Cerberus is seeking to pare down its holdings of Deutsche Bank (DB +3.9%) further after selling a stake of ~1% in the German lender earlier this year, Reuters reports. Cerberus, which currently holds ~1.99% of Deutsche Bank (NYSE:DB) shares, is looking to sell ~15M DB shares, according to a t...

DB - Shares of Deutsche Bank AG (DB) Have Risen Above Previous 52-Week High

Deutsche Bank AG (NYSE:DB) traded today at a new 52-week high of $16.44. Approximately 2.3 million shares have changed hands today, as compared to an average 30-day volume of 4.3 million shares. In the past 52 weeks, Deutsche Bank AG share prices are bracketed by a low of $10.41 and a hi...

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