Page 2 - Deutsche Bank

Deutsche Bank subsidiary DWS CEO resigns after greenwashing raid

Deutsche Bank subsidiary DWS said its chief executive is resigning, hours after authorities raided its offices

German officials raid Deutsche Bank's DWS over 'greenwashing' claims

DWS has faced regulatory probes in the US and Germany after its former chief sustainability officer, Desiree Fixler, alleged last year that the company inflated its ESG credentials

A recession in the US?

The inflation data over the coming six months will be critical

Mumbai International Airport raises $750 million debt from Apollo Global

The capital raise comes in the backdrop of recovery in domestic air traffic and resum­ption of scheduled internatio­nal services from March-end

Goldman Sachs predicts Fed will raise rates five times this year

Bank of America Corp. now predicts seven rate hikes in 2022 and BNP Paribas SA forecasts six, while JPMorgan Chase & Co. and Deutsche Bank AG see five

Deutsche Bank makes biggest annual profit in a decade on strong performance

Thursday's figures are a milestone for Chief Executive Officer Christian Sewing, who was promoted to the top job in 2018 to turn Deutsche around

No stranger to turmoil, Dutch dealmaker Wynaendts set for Deutsche chair

If elected, the position will catapult Wynaendts, who is relatively unknown in Germany

Deutsche Bank makes profit as economic recovery reduces bad loans

Deutsche Bank saw its net profit increase 6 per cent, to 329 million euros, in the third quarter despite a sharp increase in restructuring costs

Deutsche Bank gets nod to set up IFSC banking unit at GIFT City

Deutsche Bank will set up its IFSC banking unit at India's first global financial centre in Gujarat. The bank has received approval from the GIFT SEZ Authority to set up an IFSC banking unit at India's first International Financial Services Centre (IFSC) at GIFT City, Gujarat, a release said on Thursday. The leading German bank with strong European roots has a global network across 59 countries. This will serve as a primer for renowned banks from other geographies to consider GIFT City a viable destination for international financial services, said Tapan Ray, MD & Group CEO, GIFT City. "Progressive banking regulations in GIFT IFSC provide new business opportunities in several areas for foreign banks such as FPI Business, Non-Deliverable Forwards (NDF), Aircraft leasing- financing, and upcoming framework to enable international bullion exchange operations from GIFT IFSC," he said. Deutsche Bank is among the largest international banks in India. It had set up its first branch in th

Govt should take control of Vodafone Idea, says Deutsche Bank report

The telecom company has sought an extension of the moratorium till April 2023 to pay over Rs 8,000 crore dues related to spectrum purchase

Deutsche Bank launches indexes to track 21 emerging market currencies

Deutsche Bank launched a new set of foreign exchange (FX) indexes to track 21 emerging market (EM) currencies, indicating a growing relevance and importance of developing markets in the global economy

We do have banking ambitions, says Incred Group's Bhupinder Singh

BHUPINDER SINGH, the shadow banking entity's founder and chief executive officer, spoke to Raghu Mohan

Deutsche tells US investment bankers they must be back in office by Sep 6

Deutsche Bank is still working through how much flexibility it will offer employees over the long term, according to a separate memo earlier this week from investment-banking chief

Deutsche Bank's nightmare decade is gone, but not yet forgotten

The firm is sparking some hope after years as the sick man of European finance

Top headlines today: Misty's exit valuation, auto aftermarket, and more

Here are the top business headlines on Tuesday morning

Deutsche Bank CEO gives up oversight of investment bank in revamp

Germany's biggest bank was one of the few major banks in the world to assign day-to-day oversight of investment banking to its chief executive

Deutsche Bank CEO gives up oversight of investment bank in revamp

The move is likely to reassure regulators, who worried that Sewing had too much on his plate, potentially leaving the investment bank open to operational hazards

Deutsche Bank CEO willing to give up investment bank oversight role: Report

Christian Sewing, chief executive officer of Deutsche Bank, is willing to give up his role overseeing the investment bank in the foreseeable future, a person with knowledge of the matter said

Deutsche Bank CEO's 46% pay rise in 2020 prompts severe backlash

The bank's bonus pool was up 29% as it rewarded staff for a pandemic-related trading boom, which helped the German lender to eke out a profit after years of losses.

Deutsche Bank, 3 others penalised by Taiwan for currency speculation

The banks were notified of the punishments on Friday. Trades made before the notice won't be affected, the central bank said.