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Deutsche Bank AG (DB)

- NYSE
  • Mar. 1, 2013, 8:32 AM
    Deutsche Bank (DB) dives 6.1% premarket as Goldman cuts it to Sell, thanks to new capital rules which could force the bank to transfer $13B to its U.S. unit. The move would deplete Deutsche's non-U.S. capital, increasing the need for a capital raise. "The impact on Deutsche Bank's profit could be substantial."
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  • Feb. 22, 2013, 3:04 AM
    EU regulators are reportedly looking at reaching a settlement with banks over the rigging over inter-bank interest rates, although some firms don't want to open talks, as they believe that allegations of wrongdoing have no merit. The EU is carrying out three separate probes into at least a dozen banks and inter-dealer brokers.
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  • Feb. 20, 2013, 12:39 PM
    Deutsche Bank's (DB) real estate unit is in talks to sell its stake in France's department store group Le Printemps to Italy's Borletti Group and Qatari investors. 
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  • Feb. 15, 2013, 7:38 AM
    "The Goldilocks era of post-crisis M&A has never been an if, but a when," says JPMorgan (JPM) vice-chair James Lee. "CEOs are declaring that day has come." Including the Berkshire buy, $40B in deals were announced yesterday and $140B this month. Transaction volume is up 27% Y/Y vs. an 8% slump for 2012. It should mean sweet profits for the newly lean banks.
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  • Feb. 1, 2013, 7:58 AM
    Deutsche Bank (DB) reportedly will impose a €300K ($409K) cap on bonuses this year, with up to €150K being in immediate cash and the rest available in a few months as stock. Cash was capped at €200K last year. The new CEOs "kitchen-sinked" the quarter yesterday, taking a major loss thanks to restructuring charges. Shares rose 2.5% and are +1.2% premarket today. 
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  • Jan. 31, 2013, 2:28 AM
    Deutsche Bank (DB): Q4 net loss €2.17B vs profit of €147M profit last year and vs consensus of €311M, with earnings hit by a €1.9B goodwill impairment charge for restructuring and the creation of a non-core unit to sell €125B in assets. DB, which is being investigated for interest-rate manipulation, is also taking €1B in litigation charges to reflect "adverse court rulings and developments in regulatory investigations." (PR)
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  • Jan. 31, 2013, 12:05 AM
    Notable earnings before Thursday’s open: AET, ALKS, AN, APU, AZN, BEAV, BLL, BMS, BX, CAM, CL, CNH, CNX, COCO, CRR, D, DB, DNKN, DOW, EPD, ERIC, EXXI, HAR, HGG, HP, HSH, HSY, IVZ, LQDT, MA, MJN, MO, MTG, MWW, NDAQ, NVO, OXY, PBI, PCAR, PENN, PHM, POT, R, RCL, RGLD, SHW, TE, TEN, TMO, TWC, UA, UGI, UPS, VIAB, WHR, XEL, ZMH
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  • Jan. 30, 2013, 5:30 PM
    Notable earnings before Thursday’s open: AET, ALKS, AN, APU, AZN, BEAV, BLL, BMS, BX, CAM, CL, CNH, CNX, COCO, CRR, D, DB, DNKN, DOW, EPD, ERIC, EXXI, HAR, HGG, HP, HSH, HSY, IVZ, LQDT, MA, MJN, MO, MTG, MWW, NDAQ, NVO, OXY, PBI, PCAR, PENN, PHM, POT, R, RCL, RGLD, SHW, TE, TEN, TMO, TWC, UA, UGI, UPS, VIAB, WHR, XEL, ZMH
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  • Jan. 30, 2013, 9:23 AM
    Start of a trend? Seeking to cut costs instead of jobs, Deutsche Bank (DB) puts its small team of Dubai-based equity analysts on consulting contracts. Those affected will lose some benefits, but still retain medical coverage and eligibility for bonus. They'll continue to provide research exclusively for Deutsche.
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  • Jan. 24, 2013, 3:36 AM
    Melco Crown Entertainment (MPEL) is reportedly due to sign a $1.4B five-year syndicated bank loan on Friday that will help the company build its $2.5B+ Macau Studio City project. The debt will be split into a $1.3B amortizing loan and $100M in revolving credit. Numerous banks are involved, including Bank of America (BAC), Citigroup (C), Deutsche Bank (DB) and UBS (UBS).
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  • Jan. 14, 2013, 10:51 AM
    An otherwise not noteworthy lawsuit over interest rate swap payments to Deutsche Bank (DB) by an Indian property developer potentially gets interesting. The developer asks a U.K. judge to amend the suit to include accusations Deutsche manipulated the Libor rate. If granted, it will become the 2nd civil lawsuit in the U.K. linked to the Libor case.
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  • Jan. 14, 2013, 8:17 AM
    Deutsche Bank (DB) is reportedly considering cutting its 2012 bonus pool by 20%, which would mirror the reduction floated earlier from Credit Suisse. Again, banking business is sluggish and regulators/investors want to see banks not awarding bonuses for short-term performance boosts which could blow up in the future.
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  • Jan. 10, 2013, 5:46 AM
    Deutsche Bank (DB) reportedly generated a profit of at least €500M in 2008 from trades pegged to inter-bank interest rates, although there's no indication that those trades affected the market or were illegal. The bets show the rewards and risks involved: the bank calculated that of September 30, 2008, it could earn or lose up to €68M for each 0.01 percentage point change in the spread between different rates related to Libor and Euribor.
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  • Jan. 8, 2013, 8:59 AM
    Deutsche Bank (DB) slashes its forecast for WTI crude by 10% to $90/barrel, with the key being increased supply from U.S. shale production. Toss in minimal OPEC production curbs and slowish economies, and "implied inventory builds ... could be sizable."
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  • Jan. 7, 2013, 4:04 AM
    Credit Agricole (CRARF.PK) leads major European banks higher, rising 4.7% after regulators ease Basel liquidity rules, followed by Deutsche Bank (DB) +4.3%, Unicredit (UNCFY.OB) +4.3% and Barclays (BCS) +3.7%. Also, SocGen (SCGLF.PK) +3.4%, HSBC (HBC) +0.75%, Lloyds (LYG) +1.9%, Santander (SAN) +2%, RBS (RBS) +1.5%, UBS (UBS) +2% and Credit Suisse (CS) +3.4%. Italy's Banca Monte dei Paschi di Siena (BMDPY.PK) +15%.
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  • Dec. 19, 2012, 12:14 PM
    Are Jefferson County and a dozen other U.S. municipalities listening? In Italy, Deutsche Bank (DB), JPMorgan (JPM), and UBS are among the 4 banks fined €1M each and having employees sent to prison for fraud in the sale of derivative products linked to a Milan bond issue. The case could be a precedent-setting one as cases involving other local Italian governments are in the works.
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Company Description
Deutsche Bank AG is an investment bank. It offers investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world.
Sector: Financial
Country: Germany