Member access

4-Traders Homepage  >  Shares  >  Xetra  >  Deutsche Bank AG    DBK   DE0005140008

DEUTSCHE BANK AG (DBK)

310
SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

Deutsche Bank AG : Deutsche Bank CFO : Planning to Reduce Balance Sheet Total - Report

07/06/2013 | 10:59am US/Eastern
Recommend:
0

Deutsche Bank AG (DB, DBK.XE) intends to reduce its balance sheet total which amounted to just over two trillion euros ($2.6 trillion) at the end of the first quarter of 2013, Chief Financial Officer Stefan Krause said in an interview with daily newspaper Boersen Zeitung published Saturday.

Mr. Krause was quoted as saying that Deutsche Bank plans to reduce its liquidity reserves as well as its derivatives business.

He didn't say by how much Germany's largest bank plans to reduce its balance sheet total or the expected timeframe.

Mr. Krause said, however, that the bank's portfolio of noncore operations--"all of which is up for sale"--amounts to around EUR90 billion.

Newspaper website: www.boersen-zeitung.de

-Write to the Frankfurt Bureau at djnews.frankfurt@dowjones.com

Recommend :
0
React to this article
Latest news on DEUTSCHE BANK AG
3h ago DEUTSCHE BANK : Millhouse Capital ready to raise Hypo Balkans offer
3h ago UBS pays out in German tax case as lawsuits target private bank
3h ago DEUTSCHE BANK : Special Report: How regulation will reshape FX and rates markets
3h ago DEUTSCHE BANK : Economists have a lot to learn from ‘The Big Bang Theory&r..
3h agoDJDeutsche Bank, UBS in Dark Pools Trading Probe
4h ago U.S. regulators looking into UBS, Deutsche Bank speed trading operations
4h ago U.S. regulators looking into UBS, Deutsche Bank speed trading operations
5h ago DEUTSCHE BANK : pretax profit rises as markets focus pays off
5h ago DEUTSCHE BANK : pretax profit rises as markets focus pays off
5h agoDJEUROPE MARKETS : BP Among Losers In Europe On Russia Sanctions Woes
Advertisement
Chart
Duration : Period :
Deutsche Bank AG Technical Analysis Chart | DBK | DE0005140008 | 4-Traders
Income Statement Evolution
Deutsche Bank AG : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF