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Deutsche Bank has extended CEO Christian Sewing's contract, while its deputy and another top executive will depart as part of a management revamp, cementing the leadership team of Germany's largest lender for the next phase of its turnaround.
Deutsche Bank has extended the contract of CEO Christian Sewing by three years through April 2029, Germany's largest lender said on Thursday.
The below excerpt came from Schaeffer's annual and exclusive Stock Picks for 2025, each one carefully curated by our team of top traders.
Shares of satellite communications giant Viasat rose after receiving an upgrade at Deutsche Bank. Analyst Edison Yu said there are “multiple paths” for the company to create equity value, saying its potential is “increasingly compelling.
Marion Laboure, analyst at Deutsche Bank Research, discusses bitcoin and the wider cryptocurrency market.
DB plans to cut nearly 2000 jobs in its retail banking division and close more branches in 2025.
OSLO, Norway--(BUSINESS WIRE)--Kosli, a leading provider of automated governance solutions for software delivery, has raised $10 million in Series A funding led by Deutsche Bank's Corporate Venture Capital (CVC) group and Heavybit. Defined Capital and Transpose Platform joined along with a number of angel investors. Kosli Enterprise also launched today with new features for financial services businesses, including support for large user bases, change management automation, and audit evidence ge.
Deutsche Bank will reduce branches by a "signficant" number this year and trim headcount of the retail bank by around 2,000 people in 2025, Chief Executive Officer Christian Sewing said on Wednesday.
Deutsche Bank will give its asset management arm preferred access to private credit deals it originates, the companies said on Tuesday, as the German institutions look for an edge in the booming but increasingly competitive market.
Deepak Puri, Deutsche Bank Private Bank CIO, and Kristina Hooper, Invesco chief global market strategist, joins 'Closing Bell Overtime' to talk the day's market action.