DB News and Press, Deutsche Bank AG From 03/23/22

Deutsche Bank (DB -1.9%) has agreed to increase the pay of thousands of workers at its Postbank retail unit in a  labor agreement that acknowledges the impact of inflation on its workers. The union known as ver.di reached a collective bargaining agreement that calls for a 3.1% salary inc...

Mizuho Financial Group (NYSE:MFG) is working with Google (NASDAQ:GOOG) Cloud to accelerate its digital transformation and innovation at its retail level, after struggling with high-profile system failures at its banking unit. The Japanese financial firm suffered a series of system malfunction...

Archegos Capital Management, Bill Hwang's family office that collapsed about a year ago, had quietly built up a stake in Deutsche Bank (NYSE:DB) after Hwang had met with several of the bank's leaders, the Financial Times reported. While a number of Archegos's prime brokers swallowed a combine...

Bank of America Securities analyst Rohith Chandra-Rajan has upgraded Deutsche Bank (NYSE:DB) to Neutral from Underperform as the bank's tangible book multiple, at a 40% discount to the European bank sector, is in line with its profitability gap. The analyst increased price target to ...

Deutsche Bank today announced that its New York Branch, Deutsche Bank New York (DBNY), and its subsidiary Deutsche Bank Trust Company Americas (DBTCA) have increased their prime lending from 3.25% to 3.50% effective today, March 17, 2022. About Deutsche Bank Deutsche Bank pr...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The war in Ukraine has sent nickel prices skyrocketing in recent weeks, raising investor interest in nickel mining companies. Russia produces 7% of the world’s nickel and risks of supply interruptions have sent price...

The stock of PayPal Holdings (NASDAQ: PYPL) was such a popular item on Wednesday, it even soared past the high-flying S&P 500 index on an excellent day for equities. The fintech rose by over 7% after a pair of analysts reiterated their bullish cases for buying the stock. ...

Italian bank UniCredit (OTCPK:UNCFF) (OTCPK:UNCRY) on Tuesday is considering an expensive exit from its operations in Russia amid the country's invasion of Ukraine, CEO Andrea Orcel told Reuters. UniCredit's full write-off of its business in Russia, including cross-border capital, would ...

Update: 3:49 p.m. ET: Fitch has dropped its rating on Dutch-based telecom Veon (NASDAQ:VEON) down to junk status due to the company’s heavy exposure to Russia and Ukraine. Standard & Poor’s also cut Veon’s rating further into junk territory. Update 3:21 p.m. ET: ...

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...