Deutsche Bank Reports First Quarterly Loss in Four Years

Futures Slide As Ugly Mag 7, European Earnings Sour Trader Mood

On July 24, Deutsche Bank announced a net loss of €143 million, slightly better than the anticipated €145 million. This marks the bank's first quarterly loss in four years, attributed in part to a legal issue with Postbank totaling approximately €1.3 billion. The investment banking division saw a 10% increase in year-on-year revenue, although fixed income and currencies revenues were down 3%. The bank's CFO stated that there would be no share buybacks this year.

Deutsche Bank

Deutsche Bank Expects Revenue Growth in Investment Bank Segment in Q2 2024

Deutsche Bank (DB) Offers Updates on Segmental Q2 Performance

Deutsche Bank expects its Investment Bank segment revenues to increase year over year in Q2 2024, driven by solid growth in Origination & Advisory revenues. The bank aims to achieve revenue targets of €30 billion in 2024 and €32 billion in 2025.

Deutsche Bank Recognizes €1.3 Billion Postbank Litigation Charge in Q2 2024

Deutsche Bank has recognized €1.3 billion related to the Postbank litigation issue in Corporate & Other in Q2 2024.

Deutsche Bank's Fixed Income and Currencies Revenues to Decline in Q2 2024

Deutsche Bank reports net attributable loss of €143m in Q2 2024

Deutsche Bank's Chief Financial Officer, James von Moltke, stated that Fixed Income and Currencies revenues are expected to be slightly lower in Q2 2024 versus the prior year's quarter.

Deutsche Bank Leads Intera US$171.6 Million Refinancing

DB leads Intera US$171.6 million refinancing

Deutsche Bank leads the A$258 million (US$171.6 million) refinancing for Intera Renewables, establishing its first partnership with the energy platform. The financing supports Intera Renewables' 1-gigawatt portfolio of operational projects, aiming to enhance its capital structure and enable growth opportunities.

Deutsche Bank Completes Final Phase of Postbank Tech Integration

Deutsche Bank completes final phase of Postbank tech integration

Deutsche Bank has completed the final phase of its technology integration with Postbank, resulting in cost savings in 2023 and 2024. The integration, which began in 2008, is expected to generate annual savings of 300 million euros from 2025 onwards. The bank plans to decommission Postbank's hardware and software as part of the cost-saving measures.

Deutsche Bank Can Sue Madoff Feeder Funds Over $1.6 Billion Claims Sale

Deutsche Bank can sue Madoff feeder funds over $1.6 billion claims sale

Deutsche Bank AG has been allowed to sue Kingate Global Fund and Kingate Euro Fund for allegedly reneging on an agreement to sell $1.6 billion of claims related to the bankruptcy of Bernard Madoff's firm. The lawsuit stems from the funds changing their minds after agreeing to sell the claims at 66 cents on the dollar in 2011, with the value later rising significantly.

Deutsche Bank Refinances Public Hospitality Group with $400 Million Deal

Trail of pain behind Jon Adgemis' PHG rescue deal with Deutsche Bank

Deutsche Bank has provided a $400 million refinancing agreement to Public Hospitality Group, owned by Jon Adgemis, to address the company's financial challenges. The deal comes after concerns were raised about the group's valuation practices and debt accumulation, leading to lenders expressing dissatisfaction and impacting control over the pub empire. As part of the deal, Adgemis will have reduced control over the pubs, with lenders appointing a new general manager.

Deutsche Bank extends €165mn syndicated loan to Uzbekistan's SQB

Deutsche Bank has extended a €165mn syndicated loan to SQB, Uzbekistan's second-largest lender, aligning with Uzbekistan's president's directive to secure foreign investment.

Research Analysts Raise Q3 2025 Earnings Estimates for Deutsche Bank

Research Analysts Offer Predictions for Deutsche Bank Aktiengesellschaft's Q3 2025 Earnings (NYSE:DB)

Zacks Research analysts have raised their Q3 2025 earnings per share estimates for Deutsche Bank Aktiengesellschaft to $0.75. The company reported Q2 2025 earnings of $0.75 per share, exceeding analysts' estimates by $0.09. Deutsche Bank's market cap is $34.46 billion with a P/E ratio of 7.28.

Deutsche Bank is a global financial services company providing a wide range of banking and financial products and services to corporate, institutional, and individual clients.

Deutsche Bank Aktiengesellschaft provides investment, financial, and related products and services to private individuals, corporate entities, and institutional clients worldwide. Its Corporate Bank segment provides cash management, trade finance and lending, trust and agency, foreign exchange, and securities services, as well as risk management solutions. The company's Investment Bank segment offers merger and acquisitions, and equity advisory services. This segment also focuses on financing, advisory, fixed income, risk management, sales and trading, and currencies. Its Private Bank segment provides payment and account services, and credit and deposit products, as well as investment advice, such as environmental, social, and governance products. This segment also provides wealth management, postal and parcel services, and digital offerings. The company's Asset Management segment provides investment solutions, such as alternative investments, which include real estate, infrastructure, private equity, liquid real assets, and sustainable investments; passive investments; and various services, including insurance and pension solutions, asset liability management, portfolio management solutions, asset allocation advisory, structuring, and overlay to institutions, governments, corporations and foundations, and individual investors. As of December 31, 2021, it operated 1,709 branches in 58 countries. The company was founded in 1870 and is headquartered in Frankfurt am Main, Germany.

COM:DB

Deutsche Bank

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