The troubled German lender Deutsche Bank has unexpectedly returned to profit in the third quarter, beating analysts’ estimates and helping to alleviate concerns over its litigation issues.
Speculation is mounting that the bank doesn’t have enough money to pay
Companies as varied as Deutsche Bank, Airbnb, and Reebok are turning to Seattle startup Koru to help them recruit graduates.
This week in economics look out for Google’s rumoured acquisition of Twitter; the fate of Deutsche Bank; the rise of the electric car and the market’s reaction to the Tory party conference
Quite suddenly, or so it seems, the fears of a rerun of the Lehman Brothers crash have returned. But this time the institution in the firing line, Deutsche Bank, is in Europe and is much larger than Lehman. For many people this will sound both extraordinary and troubling. Weren’t all the actions taken by the authorities supposed to lead to a safer banking system? Wasn’t it a problem in the US, particularly in housing finance, that led to the crash, not events or practices in Europe? And isn’t Deutsche Bank a solid commercial bank, not one of those “casino banking” institutions?
Deutsche's shares hit record lows on Friday morning, but recoveredafter John Cryan's comments
The collapse follows reports that ten hedge funds had reduced their exposure to the lender and have taken their business elsewhere
The bank is talking tough, but it will ultimately settle. The individual bankers responsible for the alleged misdeeds? They’re gone. Here’s why that’s a problem
Deutsche Bank said it had no intentions of paying the £10.6bn fine sought by the US Department of Justice
The German-based bank is among many financial institutions investigated over dealings in discreditable mortgages in the run-up to the 2008 financial crisis
German lender has lost about 43% of its market value this year
Matthew Connolly, Gavin Black accused in rate-rigging scheme
Auditors estimate staff gained about $37 million
The US bank's London office pays its managing directors a median £919,463
Former Deutsche Bank boss given four-and-a-half years for insider trading; TalkTalk profits halve on cyber-attack costs; No charges over RBS near collapse