Latest Deutsche Bank AG News
Norfolk Southern's earnings offer railroad chance to defend its strategy ahead of board vote
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
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
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
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
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...
Deutsche Bank: Q4 Earnings Snapshot
FRANKFURT, Germany (AP) — FRANKFURT, Germany (AP) — Deutsche Bank AG (DB) on Friday reported net income of $1.51 billion in its fourth quarter. The Frankfurt, Germany-based bank said it had earnings of 72 cents per share. The bank posted revenue of $15.57 billion...
Deutsche Bank will cut 3,500 jobs even as it records $4.5 billion profit last year
FRANKFURT, Germany (AP) — Deutsche Bank said Thursday that it would cut 3,500 jobs as part of efforts to slash costs by 2.5 billion euros ($2.7 billion) through next year and boost profits even as Germany’s largest lender benefits from higher global interest rates. The bank said...
Dissolving Trump's business empire would stand apart in history of NY fraud law
NEW YORK (AP) — Within days, Donald Trump could potentially have his sprawling real estate business empire ordered “dissolved” for repeated misrepresentations on financial statements to lenders, adding him to a short list of scam marketers, con artists and others who have been hit with the...
