DB News and Press, Deutsche Bank AG From 03/14/22

Update 3:21 p.m. ET: Citigroup (NYSE:C) announced that it’s expanding plans to exit Russia. The banking giant previously disclosed that it would be winding down its Russian consumer business due to the Ukraine War, but said Monday that it will also review exiting other business li...

Renewed COVID concerns and the ongoing aftermath of Russia's invasion of Ukraine drove trading in Monday's midday action. Deutsche Bank (NYSE:DB) was one of the standout performers, rallying on news that it had decided to join a long list of other major banks to pull out of Russia. Meanwhile,...

Shares of Deutsche Bank (NYSE: DB) traded nearly 11% higher as of 11:47 a.m. ET today after the investment bank announced that it plans to wind down all of its operations and leave Russia. Due to Russia's invasion of Ukraine, a growing number of large banks, including JPMorgan...

Gainers: FirstMark Horizon Acquisition (NYSE:FMAC) +15%, Deutsche Bank Aktiengesellschaft (NYSE:DB) +10%, Sculptor Capital Management (NYSE:SCU) +9%, Landsea Homes (NASDAQ:LSEA) +9%, Barclays (NYSE:BCS) +7%. Losers: Sentage (NASDAQ:SNTG) -26%, The Maryg...

Citigroup (C +1.2%) is expanding the scope of its exit from Russia beyond its consumer business to encompass all other lines of business and to continue reducing its remaining operations and exposure, the bank said in a blog post. In April 2021, the company had announced a plan for its consum...

Deutsche Bank (NYSE:DB) stock is climbing 6.0% in Frankfurt and jumping 9.3% in U.S. premarket trading after reports that Germany's largest lender is "winding down" its business in Russia. The about-face came after Wall Street titans JPMorgan Chase (NYSE:JPM) and Goldman Sachs ...

Financial services firm MoneyGram (NASDAQ:MGI) on Friday said it's providing notice to customers and agents to suspend services in Russia. The company's services remain available in Ukraine for individuals to receive funds. As war breaks out in Ukraine, the MoneyGram (MGI) Foundation also rec...

Volt Information Sciences (NYSE:VOLT) +96% on acquisition proposal from ACS Solutions affiliate. Zhongchao (NASDAQ:ZCMD) +41%. Turquoise Hill Resources (NYSE:TRQ) +31% after receiving Rio Tinto's takeover proposal. Amphastar Pharmaceuticals (NASDAQ:AMPH) +24%. Mullen Autom...

The stock market has had a tough time lately, with war in Ukraine, high inflation, looming interest rate hikes, and the continuing threat of the COVID-19 pandemic. Yet after big losses in recent weeks, stocks opened the new week with fresh optimism, as investors looked for ways to get throu...

Germany-based Deutsche Bank (NYSE:DB) has stopped conducting new business in Russia amid the country's invasion of Ukraine, Bloomberg reported Friday. “Like some international peers and in line with our legal and regulatory obligations, we are in the process of winding down our remaini...