
Deutsche Bank: Is Egypt the new darling of emerging markets?
Economic growth will continue despite shock of COVID-19 pandemic
Economic growth will continue despite shock of COVID-19 pandemic
Bank expects inflation to continue declining to single digits this year
It is important to launch initiatives promoting local assets to support government’s IPO programme, says Shehab
Institutional weaknesses, unfavourable external backdrop may weigh in on growth, inflationary pressure to rise, says the bank
The Central Bank of Egypt (CBE) will cut interest rates next March, Deutsche Bank said in a research note. The bank also forecasts that the CBE is inclined to cut interest rates by 100 basis points next March, Enterprise reported. Deutsche Bank also expects that the CBE will keep interest rates unchanged in the first …
A little over a year until its 150th anniversary, Germany’s biggest lender is facing trying times. Still struggling to emerge from the financial crisis, Deutsche Bank can’t find a cure to its ills, says Henrik Böhme.The picture Deutsche Bank presents these days is sad indeed. Among the 30 blue-chip companies listed in the DAX stock …
Espionage, money laundering and interest rate scams. Germany’s biggest lender has a global reputation for scandal – and has paid hefty fines and expensive settlements to make up for its wrongdoings.Police in Frankfurt raided six offices of the country's largest moneylender, Deutsche Bank, on Thursday, following allegations of facilitating and failing to report money laundering. …
Chinese conglomerate HNA looks set to sell off its remaining stake in Germany’ largest lender, Deutsche Bank. HNA has been under mounting pressure to rethink investments in order to reduce its massive debts.Shares in Deutsche Bank tanked more than 3 percent in midday trading to close down 1.45 percent Friday after media reports that major …
Germany’s largest lender has moved a significant chunk of its financial services euro-clearing operation away from London to Frankfurt, as concerns over the City’s post-Brexit strength continue.Deutsche Bank has moved a chunk of its euro-clearing activities from London to Frankfurt, according to a report in the Financial Times newspaper. The London-based LCH previously dominated the …
Germany’s biggest lender has surprised the market by announcing projected profits of around €700 million for the second quarter of 2018. The bumper results come nine days ahead of the release of their earnings report.Germany’s biggest bank, Deutsche Bank, is expecting significantly higher profits than predicted for the second quarter of 2018. In the period …
Germany’s biggest lender has admitted to a massive erroneous transaction. Although the blunder didn’t cause any damage as it was detected early enough, it raised fresh questions about the lender’s risk management.Deutsche Bank confirmed on Friday it had transferred €28 billion ($34 billion) by mistake in a routine transaction made before Easter. Luckily, the bank …
Deutsche Bank (DB) is expected to oust British CEO John Cryan and replace him with the German head of the private and commercial banking division. Germany’s biggest lender has experienced three years of losses.The German weekly news magazine Der Spiegel and business newspaper Handelsblatt said that 47-year-old Christian Sewing would be taking over in May …
Germany’s biggest lender is looking to eject its CEO amid intensified boardroom tension due to the inability of the scandal-hit institution to put an end to its long list of troubles, the Times newspaper reports.Deutsche Bank is seeking to replace its chief executive John Cryan as a result of an escalating row between the CEO …
Minister of Finance Amr El-Garhy announced, in a press statement on Monday, that four European banks were selected to promote and arrange the issuance of euro-dominated bonds this fiscal year (FY), adding that these banks are Deutsche Bank, BNP Paribas, Intesa Sanpaolo, and Standard Chartered. These banks are to issue euro-denominated bonds worth between €1bn …
Again, there is no good news from Deutsche Bank. This time it’s Donald Trump’s fault, but that alone is not a good enough excuse. The bank needs to have a major revamp — and soon, says Henrik Böhme.For Volkswagen, it’s exhaust emission tests on monkeys. For Deutsche Bank it’s bonus payments for its investment bankers. …
Deutsche Bank’s mission expressed the bank’s optimism about the economic reforms taken by the Egyptian government
Egyptian authorities reached staff-level agreement with IMF on first review under $12bn EEF, says the Deutsche Bank Markets Research
US Democrats have asked German lender Deutsche Bank to provide detailed information about the loans it provided to Donald Trump when he was not yet US president and whether they were guaranteed by Russia.Democrats on the US House Financial Services Committee said Wednesday they’d asked Germany’s Deutsche Bank to provide information on whether any accounts …
Chinese financial services conglomerate HNA has become the top shareholder in Germany’s biggest lender, Deutsche Bank. The group did not appear to seek a strategic role despite owning shares worth billions of dollars.China’s HNA Group raised its stake in Deutsche Bank to nearly 10 percent, the “Financial Times” reported Wednesday, thus becoming the largest shareholder …
Deutsche Bank has surprised investors with a hefty surge in earnings in the first quarter. Germany’s largest lender noted the result came amid deep restructuring after a series of scandals that had hit its reputation.Deutsche Bank on Thursday reported a staggering 143-percent year on year rise in bottom-line profit for the first three months of …
Germany’s blue-chip share index has surged to a record as investors were relieved by the success of French presidential candidate Emmanuel Macron
Germany’s biggest lender, Deutsche Bank, has chosen a new office for its London headquarters. Policymakers viewed the move as a vote of confidence in Britain’s capital despite the country’s decision to leave the EU.Germany’s Deutsche Bank revealed Friday it had picked a site for its new British headquarters. The lender entered into exclusive negotiations with …
Germany’s biggest lender, Deutsche Bank, has agreed to pay a fine of close to a hundred million dollars to settle a fraud case in connection with the bank’s use of a US shell company to avoid paying taxes.Preet Bharara, the US attorney for the Southern District of New York, announced Wednesday that Deutsche Bank had admitted to its actions designed to avoid taxes and agreed to pay $95 million (89.8 million euros) to the United States to account for this conduct.
Germany’s biggest lender reportedly plans to withhold millions in bonuses for former board members and demand the repayment of existing bonuses.
Germany’s biggest commercial lender has posted an unexpected profit in the third quarter as it struggles to avoid a multi-billion dollar fine in the US and amid nagging doubts about its capital reserves.
Shares of Deutsche Bank and Credit Suisse have been dropped from the prestigious Stoxx Europe 50 share index. Is European banking in decline? And if so, what are the factors that led to its current parlous state?
The once-proud Deutsche Bank is now threatening the global financial system. Things keep getting worse and worse, though Brexit offers a tiny glimmer of hope, writes DW’s Henrik Böhme.
Deutsche Bank, Santander have repeatedly failed the test in the wake of the 2008 financial crisis. But Deutsche Bank USA’s chief executive assured the public that its capital adequacy has “never been in doubt.”
Bank shares have been hit hard since the UK’s Brexit referendum. Two hedge funds homed in on Germany’s Deutsche Bank – betting huge sums of money on the large lender’s stock price dropping further.
A court has found six former Deutsche Bank employees guilty of enabling tax fraud within the carbon emissions certificate trading scheme. One of the bank’s former employees has received a three-year jail sentence.