DB - Deutsche Bank Aktiengesellschaft
14.260 +0.01 (0.04%)
After hours: 4:02PM EDT
| Previous close | 14.440 |
| Open | 14.190 |
| Bid | 14.240 x 20900 |
| Ask | 14.250 x 16400 |
| Day's range | 14.090 - 14.290 |
| 52-week range | 13.520 - 20.230 |
| Volume | 2,919,143 |
| Avg. volume | 4,890,698 |
| Market cap | 29.478B |
| Beta | 1.63 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.656 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 2017-05-19 |
| 1y target est | 15.91 |
- Reuters•2 hours ago
ECB asks Deutsche Bank to clarify mistaken $34 billion transfer - report
The European Central Bank has asked for clarification from Deutsche Bank (DBKGn.DE) about a 28 billion euro (£24 billion) mistaken transfer that the German lender made in March, a German newspaper reported on Friday. Deutsche Bank earlier on Friday said it had made the transfer in error to its own account at the derivative exchange Eurex, confirming news first reported by Bloomberg. The ECB, which oversees Deutsche Bank, has sent a questionnaire to the bank about the incident, Handelsblatt reported.
- Bloomberg•7 hours ago
Deutsche Bank's $35 Billion Eurex Blunder
Deutsche Bank AG made an accidental $35 billion payment to Eurex Clearing, temporarily increasing the holdings of the world's fourth-largest clearing house by more than half. Bloomberg's Carol Massar and ...
- Bloomberg•8 hours ago
A Clearinghouse Gained $35 Billion Thanks to Deutsche Bank’s Error
Deutsche Bank AG’s accidental payment of 28 billion euros ($35 billion) to Eurex Clearing increased the collateral held by the world’s fourth-largest clearinghouse by more than half. Deutsche Bank’s payment, first reported by Bloomberg News, was equivalent to 55 percent of the collateral held by Eurex Clearing on behalf of the entire market. Almost every trading firm and bank uses Eurex Clearing to protect their bets on securities ranging from bund derivatives to futures on the DAX and Euro Stoxx 50 equity benchmarks.
- Business Wire•9 hours ago
Deutsche Bank AG Announces Threshold Price and Initial Price for Cash-Settled Equity Linked Notes Linked to the Common Stock of JPMorgan Chase & Co. due May 1, 2023
Following the pricing of its public offering of $225 million of Cash-Settled Equity Linked Notes Linked to the Common Stock of JPMorgan Chase & Co. due May 1, 2023 , Deutsche Bank AG, London Branch today announces the threshold price and initial price of the Notes.
- Bloomberg•yesterday
Deutsche Bank's Bad News Gets Worse With $35 Billion Flub
The bad news at Deutsche Bank AG just got worse. Amid a weeks-long leadership tussle that claimed the scalps of the chief executive, two of his top lieutenants and tainted its chairman, the bank inadvertently transferred 28 billion euros ($35 billion) to one of its outside accounts, Bloomberg News has revealed. For Deutsche Bank, the mistake comes at a delicate time as the new CEO, Christian Sewing, seeks to convince investors the bank can now return to growth.
- Bloomberg•yesterday
Deutsche Bank Inadvertently Made a $35 Billion Payment in a Single Transaction
A routine payment went awry at Deutsche Bank AG last month when Germany’s biggest lender inadvertently sent 28 billion euros ($35 billion) to an exchange as part of its daily dealings in derivatives, according to a person familiar with the matter. The error was quickly spotted and no financial harm suffered. The errant transfer occurred about a week before Easter as Deutsche Bank was conducting a daily collateral adjustment, the person said.
- Reuters•yesterday
Deutsche Bank considers cutting number of top executives - source
Deutsche Bank (DBKGn.DE) is considering reducing the size of its executive board after the departure of chief operating officer Kim Hammonds, a person close to the matter said. The responsibility for information technology, which was Hammond's main task, may be transferred to another board member, the person said, adding the bank would need clearance from supervisory authorities for a such move. Deutsche Bank declined to comment on the matter, which was first reported by daily Handelsblatt.
- The Wall Street Journal•2 days ago
[$$] Deutsche Bank’s Management Turnover Continues
Deutsche Bank AG said Chief Operating Officer Kim Hammonds will leave the company next month, the latest executive to depart the troubled German lender. Earlier this month, Deutsche Bank named Christian Sewing to replace John Cryan as CEO following weeks of management tumult at the bank. Ms. Hammonds was seen as an ally of Mr. Cryan and had been in talks about potentially leaving Deutsche Bank, according to people familiar with the matter.
- Business Wire•2 days ago
Deutsche Bank AG Announces Pricing of Cash-Settled Equity Linked Notes Linked to the Common Stock of JPMorgan Chase & Co. due May 1, 2023
Deutsche Bank AG, London Branch (the “Issuer”) today announces the pricing of its public offering of $225,000,000 of Cash-Settled Equity Linked Notes Linked to the Common Stock of JPMorgan Chase & Co. due May 1, 2023 (the “Notes”). The amount of cash payable on the Notes at maturity will be based on the volume-weighted average price of the common stock of JPMorgan Chase & Co (“JPM”). The threshold price (the “Threshold Price”) of the Notes will be set at a 16% premium to the initial price (the “Initial Price”) of the Notes, which will equal the volume-weighted average price of one share of JPM common stock on the trading day immediately following April 18, 2018.
- Reuters•2 days ago
Deutsche Bank COO to leave amid continuing management reshuffle
Deutsche Bank's (DBKGn.DE) chief operating officer Kim Hammonds is stepping down, the German lender said on Wednesday, amid a continuing reshuffle of its executive suite. Hammonds had been tasked with streamlining the bank's IT systems, but she came under pressure after disparaging comments she made about the bank became public. Deutsche Bank said that she was leaving by "mutual agreement" and that a successor would be named after consultations with regulators.
- Bloomberg•2 days ago
Deutsche Bank's Hammonds Leaves as Exits Continue After CEO
The chaotic shakeup at Deutsche Bank AG sent more aftershocks through the bank’s top ranks as its chief operating officer was ousted and its head of investor relations quit. Kim Hammonds, who reportedly called Deutsche Bank “the most dysfunctional company” she’d ever worked for, will leave “by mutual agreement” at the annual general meeting on May 24, the Frankfurt-based lender said late Wednesday. Earlier, the bank announced that John Andrews, head of investor relations for five years, is leaving because of the recent management changes.
- Reuters•2 days ago
Deutsche Bank names institutional client group head in China
Deutsche Bank AG has appointed Beng-Hong Lee as China head of its institutional clients group, a business unit that distributes fixed-income and equities products to institutional investors, according to an internal memo seen by Reuters. Lee, who joined Deutsche Bank in 2003 and was most recently its global markets head in China, will take up the newly created role with immediate effect and will continue to be based in Shanghai, said the memo sent to the bank's internal staff.
- Business Wire•3 days ago
Deutsche Bank AG Launches Offering of Cash-Settled Equity Linked Notes Linked to the Common Stock of JPMorgan Chase & Co. due May 1, 2023
Deutsche Bank AG, London Branch today announces the launch of a public offering of its Cash-Settled Equity Linked Notes Linked to the Common Stock of JPMorgan Chase & Co.
Market Realist•3 days agoNetflix Shares Continued to Soar Last Week
Shares of online streaming giant Netflix (NFLX) rose 7.9% to close at $311.65 in the week that ended on April 13, 2018. Deutsche Bank (DB) upgraded Netflix stock to a “buy” and accepted that it had been wrong about the stock. Deutsche Bank analyst Bryan Kraft stated that although Netflix continued to achieve revenue growth, there were concerns about the company’s ability to grow in international markets.
Reuters•3 days agoDeutsche Bank ends talks over sale of India business - sources
FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) has ended talks to sell its Indian retail and wealth management business to private lender IndusInd Bank Ltd (INBK.NS), two people with knowledge of the matter ...
- Bloomberg•3 days ago
Deutsche Bank Shelves $4.6 Billion India Portfolio Sale
Deutsche Bank AG called off talks to sell its retail and private wealth businesses in India to IndusInd Bank Ltd., people with knowledge of the matter said.
- Reuters•4 days ago
ECB asks Deutsche Bank to simulate costs of winding down trading - CFO
The European Central Bank has asked Deutsche Bank to estimate the costs of winding down the trading operations of its investment bank, the first such simulation by one of Europe's biggest banks, Deutsche's finance chief said on Monday. "We think we are first in the queue here because we are the largest capital markets bank in the ECB's supervision," von Moltke said in an interview with Reuters.
- Bloomberg•4 days ago
Deutsche Bank's Key Issue Is Profitability, Says Algebris Investments' Serra
Algebris Investments Chief Executive Officer Davide Serra discusses the issues facing Deutsche Bank amid a recent leadership change and reports of further restructuring. He speaks with Bloomberg's Francine ...
- Bloomberg•4 days ago
ECB Asks Deutsche Bank to Model Wind Down of Trading Book
Deutsche Bank AG has been asked by the European Central Bank to simulate an orderly wind-down of its trading book, Chief Financial Officer James von Moltke told Bloomberg Monday.
- Reuters•4 days ago
ECB asks Deutsche Bank to gauge investment banking exit costs - source
Deutsche Bank has been asked by European Central Bank supervisors to calculate the potential costs of winding down its investment banking operations, a source told Reuters on Sunday. Germany's biggest lender has been calculating the financial effects of a potential move to quit investment banking for some time, and the move is not related to the switch in Deutsche Bank's top management position last Sunday when retail banking expert Christian Sewing was appointed to replace chief executive John Cryan. The point of the exercise is to estimate how the value of Deutsche Bank's capital market and derivatives business would develop if the bank was to exit abruptly from new business, the source said on condition he not be named because the matter is confidential.
Reuters•5 days agoECB asks Deutsche Bank to gauge investment banking exit costs: source
Deutsche Bank (DBKGn.DE) has been asked by European Central Bank supervisors to calculate the potential costs of winding down its investment banking operations, a source told Reuters on Sunday. Germany's biggest lender has been calculating the financial effects of a potential move to quit investment banking for some time, and the move is not related to the switch in Deutsche Bank's top management position last Sunday when retail banking expert Christian Sewing was appointed to replace chief executive John Cryan. The point of the exercise is to estimate how the value of Deutsche Bank's capital market and derivatives business would develop if the bank was to exit abruptly from new business, the source said on condition he not be named because the matter is confidential.
- Motley Fool•6 days ago
3 Top Bank Stocks to Buy in April
Here are the best bank stocks to add to your portfolio.
- Reuters•8 days ago
Deutsche Bank's S&P rating put on credit watch after CEO change
Deutsche Bank's (DBKGn.DE) sudden change in chief executive could prolong the lender's restructuring, ratings agency Standard & Poor's (S&P) said as it placed the bank on "credit watch negative" late on Thursday. Last weekend retail banking specialist Christian Sewing replaced John Cryan as Deutsche's CEO, raising the prospect of radical change at Germany's flagship lender, which has been slower than rivals to reform after the financial crisis. S&P said the placing of the bank's "A-" long-term issuer credit rating on credit watch with negative implications reflected its view that the restructuring could now take longer and cost more than current expectations.
- Reuters•8 days ago
Deutsche Bank's S&P rating put on credit watch after CEO change
Deutsche Bank's (DBKGn.DE) sudden change in chief executive could prolong the lender's restructuring, ratings agency Standard & Poor's (S&P) said as it placed the bank on "credit watch negative" late on Thursday. Last weekend retail banking specialist Christian Sewing replaced John Cryan as Deutsche's CEO, raising the prospect of radical change at Germany's flagship lender, which has been slower than rivals to reform after the financial crisis. S&P said the placing of the bank's "A-" long-term issuer credit rating on credit watch with negative implications reflected its view that the restructuring could now take longer and cost more than current expectations.
- Bloomberg Video•4 days ago
Deutsche Bank's Key Issue Is Profitability, Says Algebris Investments' Serra
Apr.16 -- Algebris Investments Chief Executive Officer Davide Serra discusses the issues facing Deutsche Bank amid a recent leadership change and reports of further restructuring. He speaks with Bloomberg's Francine Lacqua on "Bloomberg Surveillance."
