Seeking Alpha

Deutsche Bank AG (DB)

  • Jan. 25, 2011, 4:05 PM
    The next round of EU bank stress tests will include a look at exposure to sovereign debt says European Commissioner Michel Barnier. Whether the exam will check the effect on balance sheets in the event of a government default, he did not say.
    | Comment!
  • Jan. 25, 2011, 12:43 PM
    In a bad omen for Research in Motion (RIMM), after a 2-month trial, Deutsche Bank Equity Research (DB) will swap out its BlackBerry email and communications system for an iPhone (AAPL)-based one. In addition to superior usability, the iPhone had the App Store as a "huge competitive differentiator." 
    | Comment!
  • Jan. 25, 2011, 7:50 AM
    European banks are trading down after weak U.K. GDP data and Spain's comments yesterday that banks must either boost their capital ratios or face nationalization. AIB -6.2%, LYG -4.3%, STD -2.6%, BBVA -3.2%, BCS -3.05%, DB -1.6%, HBC -1.1%, ING -1.3%, CS -1.1%.
    | Comment!
  • Jan. 19, 2011, 7:15 AM
    The four lucky banks reportedly chosen to lead AIG's (AIG) share offering are JPMorgan (JPM), Goldman (GS), BofA (BAC) and Deutsche Bank (DB). Sources say they had to cut their fees dramatically, but the size of the sale means they could still go home with $125M.
  • Jan. 13, 2011, 3:42 PM
    A "bubble in compensation" forms in Asia as feverish expansion by investment houses swamps available banking talent. "Investment banks are trying to bulk-up off a near-zero revenue base ... it's not really viable," says UBS Asia-Pacific co-CEO Alex Wilmot-Sitwell.
    | Comment!
  • Jan. 13, 2011, 7:30 AM
    Commerzbank (CRZBY.PK) falls 4% in Frankfurt after announcing plans to raise €300M in capital in a tricky transaction with Credit Suisse (CS). Commerzbank's low share price - the stock has fallen 30% since the summer - prevents it from raising capital by issuing stock.
    | Comment!
  • Jan. 12, 2011, 7:17 AM
    European shares, particularly bank stocks, hold onto sharp gains, after Portugal successfully auctions €1.25 in bonds. Banco Santander (STD) and (BBVA) are up 6% in Madrid. BNP Paribas (BNPQY.PK) is up 3.5% in Paris. Deutsche Bank (DB) is up 2.5% in Frankfurt. HSBC (HBC) is up 3% in London.
    | Comment!
  • Jan. 11, 2011, 7:20 AM
    European banks are higher and the euro flat after Japan pledges to join China in helping to prop up one of their best customers. Separately, Portuguese PM Socrates denies the need for a bailout. Euro buys $1.2946. Stoxx 50 +0.89%. Portugal +1.65%.
  • Jan. 10, 2011, 7:17 AM
    The official denial that Germany and France are pressuring Portugal to accept a bailout fails to help European bank shares. Banco Santander (STD) and BBVA fall another 2% in Madrid, Credit Agricole, AXA, and BNP Paribas drop close to 3% in Paris, Deutsche Bank (DB) and Commerzbank are 2.5% lower in Frankfurt.
    | Comment!
  • Jan. 7, 2011, 7:17 AM
    Reaction continues to new laws on the way mandating "haircuts" to senior bondholders of failed banks as CDS on the PIIGS+Belgium rise (with Belgium and Ireland hitting new records). Spanish banks are hit again, now down around 5% for the week. (STD) -1.79%, (BBVA) -1.8% in Madrid. Euro buys $1.2975.
    | 1 Comment
  • Jan. 6, 2011, 12:44 PM
    The euro drops 1%, European stocks give up gains, and sovereign debt insurance costs for Western Europe rise above Eastern Europe for the 1st time ever after the EC moves to make "haircuts" part of future bank resolution authority. This only deals with bank debt, but can sovereign paper be far behind?
  • Jan. 5, 2011, 2:52 PM
    There's much skepticism over ADP's report that the U.S. economy created 297,000 jobs in December. “ADP has had some spectacular misses, and I’m a little bit hesitant at this point to fully buy into the data,” Deutsche Bank's (DB) Joe LaVorgna says. Economists generally distrust the ADP numbers because the methodology is different than used in government totals.
    | 1 Comment
  • Dec. 28, 2010, 12:03 PM
    Saying the exposure of large banks to sovereign debt is already public, Société Générale (SCGLY.PK) CEO Frédéric Oudéa believes Europe does not need another round of stress tests. "Markets can make calculations and I think ... people totally overestimate the impact ... on this sovereign debt."
    | 1 Comment
  • Dec. 22, 2010, 1:55 PM
    While many large banks rush to build strong Basel III buffers, Deutsche Bank (DB) CEO Josef Ackermann has warned against a "dangerous race to the top" among banks seeking to lift reserves. Analysts say DB may be able to hold less capital than its peers because clients are convinced the government will never let it fail.
  • Dec. 21, 2010, 1:35 PM
    Deutsche Bank (DB +0.4%) will pay $554M and admit criminal wrongdoing in settling its illegal tax-shelter case with the DOJ. DB, which had already provisioned the penalty, says there will be no affect on profitability.
    | Comment!
  • Dec. 8, 2010, 7:22 AM
    Regulators are hoping February's round of stress tests on European banks will be more credible than the previous attempt. The cost of insuring bank debt has risen sharply as markets price in the possibility of sovereign default where the initial tests did not.
    | Comment!
Visit Seeking Alpha's
DB vs. ETF Alternatives
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