DB News and Press, Deutsche Bank AG From 06/14/22

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Oracle (NYSE: ORCL ) stock is climbing 11% in pre-market trading after the company reported quarterly results that came in above analysts’ average estimates. The strength of the company’s fiscal fourth-q...

After roughly eight years of negative real interest rates, the European Central Bank (ECB) is preparing to raise its benchmark interest rate, known as the minimum bid rate, for the first time in 11 years amid sky-high inflation in the region. The ECB recently said it is preparing to increas...

Deutsche Bank (NYSE:DB) is relocating hundreds of IT employees in Russia to Berlin, Germany, as the lender prepares to close its technology hub in the country, people with knowledge on the matter told Bloomberg on Tuesday. Some 1,500 staff at the Russian IT center in Moscow and St. Peter...

Asoka Woehrmann has resigned as CEO of Deutsche Bank's (NYSE:DB) DWS Group after authorities raided its Frankfurt offices on Tuesday to investigate allegations that the asset management business was misleading investors with its ESG claims. Stefan Hoops will take over as CEO of DWS Group, eff...

Germany’s largest financial lender Deutsche Bank (NYSE:DB) and its asset management division had their Frankfurt offices raided by authorities on Tuesday morning after allegations that the firm was involved in greenwashing. The claim adds to a longer list of issues that DWS has faced i...

While financial stocks wrapped up the week ended May 27 on a strong note, shares of Grab Holdings (NASDAQ:GRAB) dropped the most among the only three losers within the financial sector, cratering nearly 25% after two high-level executives left its fintech unit.  Following a bro...

The U.S. Securities and Exchange Commission is proposing rule changes to crack down on unsubstantiated claims by funds about their environmental, social, and corporate governance performance, Reuters reported on Wednesday, citing people who spoke with the SEC on the matter. The prop...

The U.S. Securities and Exchange Commission will propose rule changes to crack down on unsubstantiated claims by funds about their environmental, social, and corporate governance performance, Reuters reported Wednesday, citing people who have spoken to the SEC about the matter. The proposal w...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips C3.ai ( AI ) stock has lost over 70% of its value over the past 12 months. Despite beating estimates, Wall Street firms downgraded AI stock. It continues to be a tough macroeconomic environment for high-growth tech...

The share price is depressed due to macro uncertainties primarily relating to the Russia-Ukraine conflict. The underlying performance is very strong. Q2 earnings should benefit from trading income bonanza due to increased volatility. Even more importantly, rates in the Eurozon...