Deutsche Bank AG

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Deutsche Bank boss pay nearly 10m euros

AFP Global Edition 2 days ago

Germany's Deutsche Bank said Tuesday its boss's 2009 compensation package was nearly 10 million euros (14 million dollars), but 70 percent of this would depend on future performance. Josef Ackermann took home a base payment of 1.3 million euros plus an immediate ...

Deutsche Bank confirms 2009 net income of $6.9B

AP News 2 days ago

Deutsche Bank confirms 09 net income of $6.9 billion; sees 2011 pretax income near $14 billion Deutsche Bank AG says it made net income of euro5 billion ($6.9 billion) in 2009 and that it expects the banking market to progress slowly toward ...

Deutsche Bank denies Greek financing questionable

Reuters US Online Report Business News 11 days ago

FRANKFURT (Reuters) - Deutsche Bank <DBKGn.DE> on Saturday denied a magazine report that its financing of a Greek trade deal seven years ago was "questionable." Germany's Der Spiegel magazine reported that Deutsche Bank's London branch had organized a "legal, but extremely questionable" ...

Deutsche Bank wants to shed 1,300 German jobs

AFP Global Edition 21 days ago

<div><p>The biggest German bank, Deutsche Bank, said on Wednesday that plans to eliminate German posts as reported in the press were not new.</p><p>"We do not comment on the figures. But we announced last October a plan to cut 1,100 jobs in Europe ...

WHO KNEW AT DEUTSCHE?

BusinessWeek 21 days ago

<div><h1> WHO KNEW AT DEUTSCHE? </h1><p>Deutsche Bank weathered the financial crisis better than many peers, but now its reputation is taking a drubbing from an expanding scandal. The Wall Street Journal reported on Sept. 22 that Supervisory Board Chairman Clemens Borsig knew ...

Geithner calls banks' fear of rules "lobbying"

Reuters US Online Report Business News 21 days ago

<div><p>FRANKFURT (Reuters) - U.S. Treasury Secretary Timothy Geithner told a newspaper that weekend warnings by bankers that overly restrictive capital rules could squeeze lending abilities was pure lobbying, and urged reforms to proceed unabated.</p><p>Rules agreed by the Group of 20 rich and ...

Eurand, shareholders offering 8.5 million shares

AP News 21 days ago

<div id="subtitle">Eurand, certain shareholders publicly offering 8.5 million shares of common stock</div><div><p>Drug developer Eurand NV said Thursday it and certain shareholders plan to publicly offer a combined 8.5 million shares of common stock.</p><p>The Amsterdam-based company has not ...

Storm-whipped Philippines to tap US bond market

AFP Asian Edition 21 days ago

<div><p>The Philippines said Friday it would tap the global bond market shortly for up to one billion dollars amid concern that damage from two tropical storms could dramatically increase its budget deficit.</p><p>Manila has organised Deutsche Bank and investment banks HSBC and UBS ...

Deutsche Bank says it will buy parts of ABN Amro

AFP Global Edition 21 days ago

<div><p>The biggest German bank, Deutsche Bank, said Tuesday it would buy parts of the state-owned Dutch lender ABN Amro's activities in the Netherlands for an undisclosed amount.</p><p>"The assets to be acquired remain the same as those in the original agreement announced on ...

Deutsche Bank quarterly profits more than triple

AFP Global Edition 21 days ago

<div><p>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.</p><p>Germany's biggest bank said that according to preliminary estimates, net ...

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