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Deutsche Bank AG may take a minority stake in private bank Sal. Oppenheim Group jr. & Cie. S.C.A. after confirming Wednesday the two are in talks on a "strategic partnership."
Deutsche Bank AG reported Tuesday a 67 percent rise in second-quarter net profit due to stronger corporate and investment banking and one-time charges that lowered the year-ago results. Shares slumped, however, due to write-downs and a cautious outlook.
Deutsche Bank AG said Wednesday that an independent investigation of questionable surveillance activities at the company uncovered four incidents dating back more than a decade.
Deutsche Bank AG outlined a new plan for growth despite the economic downturn, and said Monday that lending to middle-sized businesses increased 11 percent over the last year.
Deutsche Bank AG outlined a new plan for growth despite the economic downturn, and said Monday that lending to middle-sized businesses increased 11 percent over the last year.
A bank belonging to one of Russia's biggest tycoons said Friday it is seeking $400 million in government loans to stave off foreign creditors. The move underlines the squeeze put on Moscow's overleveraged moguls by the financial crisis and the strings the Kremlin can put on bailing them out.
Deutsche Bank AG reported a surprise third-quarter profit on Thursday, helped by new European Union accounting rules that limited its write-downs of shaky assets hit by the subprime crisis to 1.2 billion euros ($1.5 billion).
Deutsche Bank AG agreed to buy a 29.75 percent stake in German retail bank Postbank from Deutsche Post AG for almost $3.9 billion, the second major consolidation in the nation's banking sector since August.
Deutsche Bank AG's net profit fell 64 percent in the second quarter as financial market turbulence from the U.S. credit crisis led to euro2.3 billion in writedowns, the bank said Thursday.
Deutsche Bank AG said Tuesday that it wrote down $4.2 billion during the first quarter, pushing Germany's biggest bank to its first quarterly loss since 2003 amid trading losses, lower revenue and global market jitters.
Deutsche Bank AG said Tuesday that it expects first-quarter write-downs of $4 billion due to "significantly more challenging" market conditions triggered by the U.S. subprime collapse.
Deutsche Bank AG said Wednesday it will write off about $3.12 billion in losses from the U.S. mortgage morass, but that gains from asset sales and tax credits will allow Germany's biggest bank to report a third-quarter profit of about $1.98 billion.
Senate Probes Banks for Meltdown FraudA Senate panel has subpoenaed financial institutions, including Goldman Sachs Group Inc. and Deutsche Bank AG, seeking evidence of fraud in last year's mortgage-market meltdown, according to people familiar with the situation.
Carlyle, Deutsche Bank Seek to Raise $500 Million CLO Bloomberg reports: The Carlyle Group, the world's second largest private-equity firm, is raising a $500 million collateralized loan obligation to buy high-risk, high-yield debt being sold by banks at discounted prices, according to people with knowledge of the plan.
Past 50, and Still Running Into the FlamesRobert Beddia, who died at the Deutsche Bank skyscraper, was one of 502 firefighters over 50 on a force of 9,090.
Obscure Company Is Behind 9/11 Demolition WorkPublic and private records give little information about the company that was hired to demolish the building where two firefighters died last week.
Behind 9/11 Demolition Work, Obscure Name and Slim RecordPublic and private records give little information about the company that was hired to demolish the building where two firefighters died last week.
Critics Say Lessons From 9/11 Were Not Followed in Deutsche Bank BlazeQuestions have surfaced about the Fire Department's decision on Saturday to send more than 100 firefighters, two of whom died, into the former Deutsche Bank building.
Blaze Brings Back Thoughts of 9/11People looked up, like they did that day in September, in awe and in horror.
Officials Investigate Standpipe in Manhattan FireA damaged valve may have sent tons of water into the basement of the building, keeping it from air-starved firefighters battling the blaze above.
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