Deutsche Bank AG Chief Executive Officer (CEO) Christian Sewing (pictured) remarked on Wednesday that he expects a mild recession to hit the German economy at the end of the year.
Sewing made the comment in the conference call in which he and the bank's Chief Financial Officer (CFO)...
Deutsche Bank AG CEO Christian Sewing (pictured) said on Wednesday in his keynote speech at the bank's New Year Reception that he expects gas prices to remain "more expensive than before for years to come" and that the world shouldn't be deceived "by the recent easing."
"The past year has...
Deutsche Bank Chief Executive Officer (CEO) Christian Sewing remarked on Wednesday that it is inevitable Germany will experience a recession but also expressed his confidence the country's economy will be able to respond to it if the central bank, the Bundesbank, takes appropriate and timely...
Deutsche Bank CEO Christian Sewing (pictured) asserted the bank stands ready to play an active role in the European financial sector's recovery from the coronavirus crisis "and not just as a junior partner."
"That must be our claim, and that is also important for Germany," he said in an interview with...
Deutsche Bank (DB) Chief Executive Officer Christian Sewing (pictured) claimed on Wednesday that the economic recovery from the coronavirus-caused crisis will be slower than expected, adding the global economy could fail to return to pre-pandemic levels in 2020 and...
Deutsche Bank confirmed on Tuesday its target of an 8% post-tax return on tangible equity (RoTE) in 2022. Management stated reaching of this target became even more "ambitious given the external headwinds" such as lower interest rate developments in the Eurozone. For the Core Bank, excluding...
Germany's largest lender is planning a leadership overhaul, according to information obtained by Focus from people in the room. The article published on Thursday said "at least" three out of nine members of the Executive Board of Deutsche Bank AG would leave after the special meeting of the...
Deutsche Bank AG was called higher in premarket trade on Friday after publishing a comprehensive report for last year and offering relatively optimistic guidance. It proposed an unchanged dividend of €0.11 per share. The ailing German lender, currently in discussions for a potential merger with...
Deutsche Bank AG's chief executive Christian Sewing, who took over in April, denied on Friday that the cabinet of Chancellor Angela Merkel is pushing Germany's largest lender into integration with Commerzbank AG, smaller but also troubled rival. Speaking to N-tv, he claimed he doesn't feel any...
The Chief Executive Officer of Deutsche Bank AG, Christian Sewing, said on Friday that the European economy has been lagging compared to the United States due to its "fragmented" market and regulatory framework.
He went on to propose three points that could improve the competitiveness...
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