FRANKFURT (Reuters) - Banks risk becoming addicted to cheap central bank cash used to fight the financial crisis and must prepare for its ...
FRANKFURT (Reuters) - Germany's Bundesbank urged banks to use a markets recovery to restructure and prevent a rerun of the financial crisis even ...
US consumer spending, a critical growth driver, fell for the first time in five months in September, official data showed Friday amid fears the economy may slow just after exiting recession. Household spending decreased 47.2 billion dollars or 0.5 percent last month, ...
Deutsche Bank's 3rd quarter profit at $2.1 billion on tax credits, trading revenue Deutsche Bank AG, Germany's biggest bank by assets, said Thursday that tax credits and increased trading revenue pushed its third-quarter earnings more than three times higher. The company made ...
Deutsche Bank, the biggest German bank, presented crisis-beating results on Thursday, cutting provisions against bad loans and reporting its third big net profit in a row. Net profit for the third quarter was 1.4 billion euros, the third in a row to ...
The largest German bank, Deutsche Bank, said Thursday that it cut the amount of provisions taken against bad loans almost in half in the third quarter, to 544 million euros. Deutsche Bank had booked one billion euros (1.47 billion dollars) in provisions ...
Germany's biggest lender Deutsche Bank has struck a deal to buy Sal. Oppenheim, a Luxembourg-based private banking group, for 1.0 billion euros (1.5 billion dollars), Deutsche Bank said on Wednesday. "With this transaction, Deutsche Bank strengthens its position among high-net-worth private clients, ...
A town in southern France is planning to take German giant Deutsche Bank to court over a "toxic loan" in what could be the first of many such cases, the local mayor said on Monday. Saint Etienne, a town with a population ...
Deutsche Bank (DB) surprised investors Oct. 21 with better-than-expected profit for the third quarter, bolstering the bank's claim that it will emerge from the financial crisis stronger than European competitors. But, perhaps wary of continued economic risks and rising defaults by creditors, ...
Germany's largest bank, Deutsche Bank, said Wednesday that its third quarter profits had more than tripled, adding to good news from peers as they recover from the Lehman Brothers debacle. The result stemmed largely from one-off tax effects however and Deutsche Bank ...
Germany's largest bank, Deutsche Bank, said Wednesday that its third quarter profits had more than tripled, the latest good news from major banks as they recover from the Lehman Brothers debacle. The result stemmed largely from one-off tax effects however and Deutsche ...
Deutsche Bank said on Wednesday that its net income more than tripled in the third quarter, the latest strong result from major banks more than a year after the collapse of Lehman Brothers. Germany's biggest bank said that according to preliminary estimates, ...
