Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Xetra  >  Deutsche Bank    DBK   DE0005140008

DEUTSCHE BANK (DBK)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Deutsche Bank : ECB asks Deutsche Bank to gauge investment banking exit costs

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/15/2018 | 10:33pm CEST
FILE PHOTO: A statue is pictured next to the logo of Germany's Deutsche Bank in Frankfurt

FRANKFURT (Reuters) - 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.

FRANKFURT (Reuters) - 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.

Deutsche Bank said it "routinely" calculates the consequences of an orderly winding-down of positions in trading books for regulators. The ECB declined comment.

Germany's daily newspaper Sueddeutsche Zeitung was first to report on Deutsche Bank's explorations induced by the ECB, saying other lenders are to face similar requests at a later stage.

Deutsche Bank is already in the middle of a global review of the investment bank, known internally as Project Colombo, to determine the way forward as revenues shrink and clients and staff leave.

(Reporting by Hans Seidenstuecker, additional reporting by Frank Siebelt. Writing by Andreas Cremer, editing by Kathrin Jones and David Evans)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DEUTSCHE BANK
05:48pBARCLAYS : UK court sentences two former French traders to jail over Euribor rig..
RE
04:05pDEUTSCHE BANK AG : Release according to Article 40, Section 1 of the WpHG [the G..
EQ
03:19pBarclays Poaches Senior Health-Care Banker From Deutsche Bank
DJ
02:02p24HR HACKATHON HASHTAG WALL : follow the coding competition in support of Cure L..
PU
11:55aBarclays appoints Campili as vice chairman for healthcare banking
RE
11:41aBARCLAYS : British fraud office seeks retrial of ex-Barclays trio
RE
09:44aDEUTSCHE BANK : Bank staff to hit road for Great Birmingham Run Business Challen..
AQ
09:44aDEUTSCHE BANK : SevenCapital at the forefront of exciting city transformation
AQ
07/18BARCLAYS : Convicted ex-traders to be sentenced in Euribor scandal
RE
07/18DEUTSCHE BANK AG : Release according to Article 40, Section 1 of the WpHG [the G..
EQ
More news
News from SeekingAlpha
07/18Illinois Tool Works Is Doing Better Than The Stock Indicates - Cramer's Light.. 
07/16Deutsche Bank jumps 8% in U.S. trading after issuing Q2 forecast 
07/16FINANCIALS - TOP GAINERS / LOSERS AS : 00 pm (07/16/2018) 
07/16PREMARKET GAINERS AS OF 9 : 05 am (07/16/2018) 
07/16Taking Flight At Farnborough; Trump To Meet With Putin (Wall Street Breakfast.. 
Financials (€)
Sales 2018 25 991 M
EBIT 2018 2 140 M
Net income 2018 678 M
Debt 2018 -
Yield 2018 1,48%
P/E ratio 2018 35,84
P/E ratio 2019 11,92
Capi. / Sales 2018 0,81x
Capi. / Sales 2019 0,80x
Capitalization 21 011 M
Chart DEUTSCHE BANK
Duration : Period :
Deutsche Bank Technical Analysis Chart | DBK | DE0005140008 | 4-Traders
Technical analysis trends DEUTSCHE BANK
Short TermMid-TermLong Term
TrendsBullishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 28
Average target price 10,6 €
Spread / Average Target 2,7%
EPS Revisions
Managers
NameTitle
Christian Sewing Chief Executive Officer
Karl von Rohr Co-President & Chief Administrative Officer
Garth Ritchie Co-President & Co-Head-Corporate & Investment Bank
Paul Achleitner Chairman-Supervisory Board
Frank Kuhnke Chief Operations Officer
Sector and Competitors
1st jan.Capitalization (M$)
DEUTSCHE BANK-34.79%24 450
JP MORGAN CHASE & COMPANY4.29%376 228
BANK OF AMERICA1.66%304 282
WELLS FARGO-6.76%275 610
INDUSTRIAL AND COMMERCIAL BANK OF CHINA-15.65%270 604
CHINA CONSTRUCTION BANK CORPORATION-16.67%231 459