Latest Deutsche Bank AG News

Deutsche Bank: Q1 Earnings Snapshot

Apr. 26, 2024 14:18 PM EDT

FRANKFURT, Germany (AP) — FRANKFURT, Germany (AP) — Deutsche Bank AG (DB) on Thursday reported net income of $1.38 billion in its first quarter. The Frankfurt, Germany-based bank said it had earnings of 75 cents per share. The bank posted revenue of $18.74 billion...

Norfolk Southern's earnings offer railroad chance to defend its strategy ahead of control vote

Apr. 24, 2024 15:19 PM EDT

Norfolk Southern’s first-quarter earnings report Wednesday gave the railroad the opportunity to publicly defend CEO Alan Shaw’s strategy again before investors decide on May 9 whether to back him. Since the railroad already preannounced its disappointing results earlier this month when it...

Tesla shares tumble below $150 per share, giving up all gains made over the past year

Apr. 18, 2024 14:08 PM EDT

Tesla's stock tumbled below $150 per share, giving up all of the gains made over the past year as the electric vehicle maker reels from falling sales and steep discounts intended to lure more buyers. Shares in the Elon Musk-owned company slid nearly 4% in intraday trading Thursday,...

Stock market today: Wall Street slips as bond yields jump on surprisingly strong manufacturing data

Apr. 01, 2024 16:57 PM EDT

NEW YORK (AP) — Most U.S. stocks slipped Monday after a surprisingly strong report on U.S. manufacturing cast doubts on how much interest rates can ease this year. The S&P 500 dipped 10.58 points, or 0.2%, from its all-time high to finish at 5,243.77. The Dow Jones Industrial...

A UK financial trader dubbed the ringleader of an interest rate manipulation scandal loses an appeal

Mar. 27, 2024 12:54 PM EDT

LONDON (AP) — A British financial trader, who has been described as the ringleader in the manipulation of a key interest rate before and after the global financial crisis, lost his appeal Wednesday to have his conviction quashed. Tom Hayes, 44, who was a former trader at U.S. bank...

Here's a look inside Donald Trump's $355 million civil fraud verdict as an appeals fight looms

Feb. 17, 2024 22:16 PM EST

NEW YORK (AP) — On the witness stand last year, Donald Trump proclaimed: “I have a lot of cash.” After Friday’s eye-popping penalty in his New York civil fraud trial, he’s going to need it — and maybe more. A judge ordered the former president to fork over...