Deutsche Bank
Deutsche Bank in talks to divest IT services arm
Struggling German banking giant Deutsche Bank is reportedly in the advanced stage of negotiations to sell IT services division Postbank…
Restructuring costs drives loss at Deutsche Bank
Transformation and severance costs hit Deutsche Bank in 2019, affecting its performance both at a group level and at its…
Probe finds Deutsche Bank bribing Saudi royal adviser to win business
An internal investigation has revealed that German banking group Deutsche Bank made $1.1m in payments to gain the wealth management…
Deutsche Bank appoints new emerging markets wealth discretionary head
Deutsche Bank has appointed Siok Kuan as the new head of wealth discretionary for emerging markets, replacing Tuan Huynh. Kuan…
Deutsche Bank fined €15m over AML shortcomings
Prosecutors in Frankfurt have closed a criminal probe into alleged money laundering at Deutsche Bank but imposed a penalty of…
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Deutsche Bank names new global wealth management head
Deutsche Bank has named Claudio de Sanctis, who formerly led its wealth management operations in Europe, as the new global…
Deutsche Bank private banking profit slips in Q3
The Private Bank segment of Deutsche Bank reported a pre-tax profit of €92m for the third quarter (Q3) of 2019, a…
Deutsche Bank hires China onshore wealth head from Bank of Singapore
Deutsche Bank Wealth Management has poached Jeffrey Yen Chieh Peng from Bank of Singapore (BoS) to lead its onshore wealth management business in China.…
Deutsche Bank fined $16.2m over corrupt hiring practices
Deutsche Bank has agreed to a $16.2m settlement agreement with the US Securities and Exchange Commission (SEC) to resolve allegations of…
Deutsche Bank Wealth Management reports 9% drop in Q2
The wealth management arm of German lender Deutsche Bank has reported a fall in revenues of 9% to €429m from €470m. Overall,…