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Deutsche Bank Aktiengesellschaft (DB)

NYSE - Nasdaq Real-time price. Currency in USD
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13.84+0.24 (+1.80%)
As of 3:48PM EDT. Market open.
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  • j
    jim
    Media Release April 30, 2021
    People's Bank of China approves Deutsche Bank China as qualified primary dealer in open market business
    First Eurozone bank to qualify

    Deutsche Bank (China) Co., Ltd. (Deutsche Bank China) today announced that it has received approval by the People's Bank of China (PBOC) to act as a qualified primary dealer for domestic open market businesses.

    As the first Eurozone bank to obtain this qualification, Deutsche Bank China and PBOC will carry out open market business such as the repurchase of treasury bonds, policy financial bonds, spot bond transactions, central bank bill issuance and other trading instruments.

    Chief Country Officer of Deutsche Bank in China, Rose Zhu said: “We are honored to be the first Eurozone bank appointed primary dealer in China’s open market business. This PBOC appointment recognises the strength of Deutsche Bank’s capital markets franchise, and reflects China’s determination to continue opening up its capital markets. The rapid development of the China market provides broad opportunities for global participants and Deutsche Bank will continue to deepen the China market, leverage its global network, and exercise best practice risk management to support the country’s continuous capital markets opening and development."

    Deutsche Bank is one of the most active foreign banks in China's inter-bank market. It already acts as market maker in the inter-bank bond market, bond settlement agent, and Bond Connect market maker. It is also one of two foreign banks that have qualifications as a Type-A lead underwriter for non-financial corporate debt financing instruments. The bank’s full set of businesses are at the forefront of onshore foreign capital management.

    Head of Global Markets for Deutsche Bank China, Jason Shi added: “As a leading European bank active in the domestic market and as one of the world’s major RMB banks, obtaining this qualification means that Deutsche Bank has the expertise and interbank license to fully serve RMB customers. By further strengthening the level of RMB-related liquidity risk management, Deutsche Bank can effectively interpret monetary policy guidance for domestic and overseas customers and partners, support the development of the domestic capital market and accelerate the internationalization of the RMB."

    In global markets, Deutsche Bank's fixed income, foreign exchange and derivatives businesses are world leading. It provides a full set of RMB bond investment services for a wide range of central banks and sovereign institutions, commercial banks, fund companies and insurance companies. At the same time, the Hong Kong branch is the RMB centre, linking all branches around the world to provide RMB spot and foreign exchange derivatives business. Asia Risk awarded Deutsche Bank the title "Renminbi Bank of the Year” twice - in 2016 and 2019.

    For further information please contact:
    Deutsche Bank AG
  • G
    Golden Dragon
    Can this giant bank back to $35 within this year? The book value. I don't think so, but $20 is very likely.
  • H
    Hugo
    ** Shares in Germany's biggest lender Deutsche Bank are up 6.4% after Q1 results, and are set for the best day in 7 months

    ** The bank swings to better-than-expected net profit as strength at the investment bank helped offset the headwinds of an ongoing restructuring programme and the coronavirus pandemic

    ** It sees 2021 revenues to be "essentially flat", compared with a previous estimate of "marginally lower"

    ** Q1 net profit of 908 million euros ($1.1 billion) is the highest quarterly profit since Q1 2014

    ** "A very good set of results," Citi says

    ** JP Morgan says it welcomes the improved and ambitious guidance and targets for 2021

    ** "DB has reported not only better-than-expected results in all divisions, but also the cleanest set of results of any global investment banks in our coverage so far," the broker adds

    ** Morgan Stanley notes strong start to the year, with key numbers significantly ahead of consensus
  • j
    jim
    I really dont like the way DB is trading,is there something going on that is not positive to the company?
    Because all out there is quite positive. I am noticing commerzebank is positive and they have a news item out saying they have an agreement with there union to downsize. this was one of the prerequisite to joining DB.
    THe other was DB doing the same and the government was behind this to.
  • R
    Ranger56
    This is the moment. Congrats to Sewing. You did it, 2 year turnaround. This is the day a long term uptrend starts until the next recession. Some investments are obvious and easy, after 8 years of bad management and down trend. Now in good hands with Sewing.
  • g
    george
    Looks that DB has found its footing, time for acquisitions and a small dividend.
    $17 here we come!
  • p
    peter
    The funniest thing there wasn’t a comment about DB a month ago. Total lack of interest. No member of the NY hedge fund community is long. Watch the shorts cover now
  • M
    MEGA BUBBLE, ABSURD VALUATIONS
    $^IXIC conversation
    CHASERS WILL BURN IN THIS STOCK BUBBLE!
    The US Stocks are EXTREMELY OVERVALUED and OVERBOUGHT!
    SELL ALL US Stocks in this TULIP MANIA BUBBLE! The Valuations are ABSURD and IMPOSSIBLE TO JUSTIFY!
    INFLATION IS SKYROCKETING as the FED continues to PUMP the Price of everything, stocks, oil, gold, home, land, commodities, utilities, food prices and everything!
    The World Economy is Collapsing, people are starving, but the US Market Makers are too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working!
    Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme!
    Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) BUBBLE has almost Doubled!
    S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 3800.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings!
    The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING!
    US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA BUBBLE right now!!!
    https://edition.cnn.com/2020/05/01/investing/stock-market-recession-coronavirus/index.html
    $AMD $NVDA $AMZN $AAPL $SQ $SHOP $SNAP $TWLO $CRM $ROKU $ADBE $DB $BAC $JPM $MS $GS $TWTR $TSLA $IBM $INTC $MSFT $GOOG $LMT $BA $TXN $NXPI $LRCX $NKE $DIS $EBAY $X $MA $V $S $T $F $GM $NFLX $CSCO $CAT $MMM $SBUX $TGT $WMT $ATVI $EA $TTWO $MCD $AVGO $JNJ $BIDU $BZUN $BABA $MU $AMAT $QCOM $WFC $BBBY $PFE $GE $WDC $BLK $KO $UA $ABBV $GILD $BB $ORCL $RH $KEM $IQ $GRPN $PYPL $MA $MOMO $JD $WBA $CVS $FB $W $BBY $SKX $FL $EFX $ETSY $W $UNH $SAP $GPRO $KHC $DPZ $PEP $LYFT $UBER $BYND $ZM $OLED $XOM $CVX $DAL $UAL $AAL $LUV $SAVE $AXP $SPCE $NCLH $CCL $NKLA $NIO $ZM $XPEV $QS
    The coronavirus pandemic has exposed a gaping disconnect between unprecedented economic pain on Main Street and extreme optimism on Wall Street.
    The coronavirus pandemic has exposed a gaping disconnect between unprecedented economic pain on Main Street and extreme optimism on Wall Street.
    edition.cnn.com
  • g
    george
    Now that DB is back with the big boys, at $17 it will still be undervalued.
  • j
    jim
    My humble opinion is if bitcoin or other cryptos do become a norm in the marketplace the competition will be banks and government getting involved .Go DB good article to follow.
  • T
    Troy
    Traded between $29 and $46 per share in 2014 when earnings were this great
  • T
    TDH
    This stock deserves a rerating. It’s far too cheap now. I expect another solid quarter next time. If that happens it’s easily a $20 stock compared to book.
  • A
    Anonymous
    A bank NOT paying a divvy? Cmon, man!!
  • j
    jim
    Deutsche Bank Builds Global EM FX Trading Engine in Singapore
  • j
    jian
    DB can reach$24 per share in this year.
  • j
    jim
    Its going down with the exchange (dow) but im holding short term call options and not to worried .
    This is out today from DB website and its a good read.https://www.db.com/ir/en/download/2021_Q1_FI_Call_Presentation_final.pdf
  • p
    peter
    Read my comments a month ago. Right to $25. Go long the July 25 calls
  • j
    jon
    every analyst has rediculously low price targets, and sell ratings, I don't get it. it seems DB finally is doing decent job of avoiding the minefields and will earn some money this quarter, do an incredibly accretive buyback. Everyone loves to hate it and I guess will miss the turn in fortune?
  • j
    jim
    If your going to buy a bank buy this one now.