Deutsche Bank уволит 18 тыс. сотрудников, акции банка растут в цене – Online Traders
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“Bond trading is about all it has left in investment banking,” said one analyst. Sales in that unit plunged 13%. The bank posted €315 million in costs on “severance and transformation-related charges,” which dragged on the bank’s third-quarter earnings. In the US, last week Deutsche Bank acted as an Active brexit news Bookrunner on Grocery Outlet’s 440 million dollar first time follow on after the June IPO. The bank has also maintained its leading SPAC franchise, pricing IPOs for Oaktree (200 million dollars), Conyers (450 million dollars) and KSL (275 million dollars) since the repositioning of its equities business.
Shares of Deutsche Bank are down by about 16% from a year ago. said on Friday it had promoted Fabrizio Campelli to chief transformation officer with a mandate to oversee the biggest reorganization in the bank’s history, including its plans to cut 18,000 jobs worldwide.
The private bank business also saw a 3% fall in net revenues and net revenues in asset management also decreased by 4% from a year ago. “Our results in the quarter are entirely in line with our plans. We are executing, I think, well against the strategic changes we announced in the brexit news summer,” James von Moltke, chief financial officer at Deutsche Bank, told CNBC’s Annette Weisbach. It reported a net loss of 832 million euros ($924 million) for the third quarter of 2019. Analysts were expecting a loss of 778 million euros, according to data from Refinitiv.
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The German bank plans to cut 18,000 jobs worldwide by 2022. shares fell more than 8% on Wednesday after the bank reported брексит история an 832 million euro ($924 million) third-quarter loss hurt by restructuring costs and weakness in fixed-income trading.
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- Shares of Deutsche Bank are down by about 16% from a year ago.
- FIXED INCOME FALLRevenue at Deutsche’s cash-cow bond-trading division fell 13%, highlighting continued weakness at its investment bank.
- The 992,380 euros in shares that Achleitner bought on Friday exceed his 2018 fixed salary from Deutsche Bank of 858,333 euros.
- The German bank plans to cut 18,000 jobs worldwide by 2022.
- As part of the restructuring plans, the number of full-time employees at Deutsche Bank is to be reduced by around 18,000 to 74,000 worldwide by the end of 2022.
Your organisation’s administrator(s) may view basic usage and profile data about your account and have the ability to set up myFT topic follows on your behalf. You already https://birzha.name/chto-takoe-breksit/ have an account on ft.com using this email address. Please login to your account. In July, the bank said it will axe 18,000 jobs as part of a major restructuring.
FIXED INCOME FALLRevenue at Deutsche’s cash-cow bond-trading division fell 13%, highlighting continued weakness at its investment bank. The third-quarter loss compares with a 3.15 billion euro loss in the second quarter and a 229 million euro net profit a year earlier. The bank is aiming to break even in 2020, but analysts are concerned about its ability to generate revenue. Deutsche Bank shares have lost 33% over the last 12 months.
Deutsche Bank’s investment business in London and New York were already hit by heavy staff cuts and German media reported that Deutsche Bank’s austerity measures could also lead to a reduction of the bank’s branch network in Germany. Deutsche is closing its global share-trading business and significantly cutting back investment banking operations, saying that the restructuring will cost €7.4bn.
Earlier this year, Deutsche Bank announced a wide restructuring plan in an attempt to revive its business. At the time, Christian Sewing, CEO brexit история of Deutsche Bank, said the lender would be exiting its global equities business, scale back investment banking and slash thousands of jobs.
ended 1.9% lower. Deutsche Bank reported a €3.15 billion loss in the second quarter, after taking a €3.4 billion restructuring charge, which was larger than it previously flagged. Excluding the charge, it would’ve reported a lower-than-expected €231 million loss.
According to a mandatory announcement, 15 percent of Sewing’s net executive remuneration will be invested in Deutsche Bank shares on a monthly basis from September until the end of December 2022. The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.