About: Deutsche Bank
Job cuts at Deutsche Bank are just the tip of the iceberg
Deutsche Bank will withdraw from its global equity business and cut 18,000 jobs over the next three years. This is part of a bigger trend: investment banks are looking more towards the US, which can sometimes be problematic for Europe. EURACTIV Germany reports.
Commerzbank to quell fears of job losses, trade union to call strike 28 March
The management of Germany's Commerzbank has a clear strategy about the planned merger with Deutsche Bank and is "working hard" in order to reach a decision as quickly as possible, CEO Martin Zielke said in an internal e-mail sent to the bank’s employees and seen by EURACTIV.
Deutsche Bank goes on the defensive in hearing with EU lawmakers
Deutsche Bank's chief anti-financial crime officer dodged questions from exasperated MEPs during a European Parliament hearing on Monday (4 February), amid reports of the German lender's involvement in a major money laundering case.
Empower a German ‘Iran Bank’ to save Iran’s nuclear deal
The prospect of securing major private-sector investments could offer Iran an incentive to uphold its side of the nuclear agreement despite Washington’s withdrawal. Laura von Daniels argues that a private German Iran Bank could do the trick. Dr. Laura von...
Frankfurt and Dublin make bankers feel wanted in battle for Brexit jobs
"I'm here to send you the regards of the Federal Chancellor. I am entitled to tell you we want you in Germany." This private message from Angela Merkel, delivered by a regional politician to Wall Street bankers last year, is having the desired effect.
Dombrovskis adds pressure to adopt deposit guarantee scheme
Amid persistent doubts over some pockets of the banking system, European Commission Vice-President Valdis Dombrovskis, urged reluctant member states to accept the EU proposal to set up a common deposit guarantee scheme.
Britain could lose 4,000 Deutsche Bank jobs over Brexit
Deutsche Bank could move up to 4,000 jobs away from Britain, the group's compliance chief said Wednesday (26 April), as Germany's largest lender struggles to work out the consequences of Brexit.
Deutsche Bank sets sights on €8bn in capital hike
German banking powerhouse Deutsche Bank wants to beef up its capital reserves by selling off millions of new shares, as well as overhauling its business structure, in the wake of massive losses and international sanctions. EURACTIV’s partner Milano Finanza reports.
Deutsche Bank fined $630 million for failures over Russian money laundering
Deutsche Bank agreed to pay $630 million in fines to US and UK regulators for failing to prevent an estimated $10 billion in suspicious trades being laundered out of Russia, settling a second major legal case this month.
EU takes on US in tit-for-tat bank row
The EU will require big foreign banks operating in Europe to set aside billions in reserve funds in a tit-for-tat move against the United States that could also affect post-Brexit Britain, according to a draft proposal seen by AFP.
European Parliament to side with banks and reject new Basel banking rules
The European Parliament is expected on Thursday (10 November) to announce that it does not intend to accept new international standards that would require banks to have greater capital reserves. EURACTIV’s partner Milano Finanza reports.
Joy and despair in European statistics
Europe needs more than temporary growth to boost its economy, write George Friedman and Antonia Colibasanu.
Hollande criticises huge US fines for European companies
French President François Hollande yesterday (12 October) accused the United States of abusing its power by demanding multi-billion dollar fines from European companies, stoking an increasingly bitter trans-Atlantic dispute.
German companies touted as possible Deutsche Bank saviours
Germany's biggest companies could band together to save struggling financial powerhouse Deutsche Bank from slipping further into crisis. It’s an option that could rule out the need for a public bailout. EURACTIV’s partner La Tribune reports.
Financial expert: Deutsche Bank collapse ‘would probably trigger new global financial crisis’
Deutsche Bank is in crisis mode and its collapse could signal the beginning of a whole new set of economic woes for Germany, the EU and even the entire global financial system, expert Michael Schröder told EURACTIV Germany. But he insists that state aid is not the answer.
IMF officials downplay risk of imminent Deutsche Bank crisis
International Monetary Fund officials sought to play down the risk of an imminent crisis over Deutsche Bank yesterday (5 October) and expressed confidence that German and European authorities were working to ensure stability.
The Brief: Sometimes, the EU works!
Sometimes the European Union works. There, after two weeks of The Brief, we finally said it.
Deutsche Bank plunges to historic low
Fears that Deutsche Bank will have to raise capital, in order to pay its US Justice Department fine for misselling subprime mortgages, have seen it suffer badly. Angela Merkel has ruled out state aid. EURACTIV’s partner Milano Finanza reports.
The Green Climate Fund’s not-so-green partners
The first projects of the Green Climate Fund have been approved. But the Fund's credibility has been tarnished by agreements with commercial banks involved in coal projects, like Deutsche Bank. EURACTIV France reports.
European banks clinging to coal investments
Europe’s big banks have failed to significantly cut their investments in coal in the five years between the UN climate conferences of Copenhagen and Paris. EURACTIV France reports.
Deutsche Bank fined record $2.5 bln over Libor rate rigging
On Thursday (23 April), Deutsche Bank agreed with US and British authorities to pay a record $2.5 billion in fines, over manipulated benchmark interest rates it used to price contracts in Europe, and around the world.
Deutsche Bank: Labour likely to form a government with SNP
Ahead of the 7 May election, in which Labour Party and Prime Minister David Cameron's incumbent Conservative Party are neck-and-neck in polls, Deutsche Bank said in a research note that the Labour Party is most likely be able to form the next government.
German economist proposes a ‘Geuro’ for Greece
Greece could build up a parallel currency - or 'Geuro' - that would enable the country to remain within the eurozone, said top Deutsche Bank economist Thomas Mayer.