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FILE PHOTO: The headquarters of Germany's Deutsche Bank is photographed early evening in Frankfurt FRANKFURT (Reuters) – Angela Merkel will give a welcome speech at Deutsche Bank’s annual New Year reception on Thursday, marking a rare appearance by the German chancellor at an event by a bank that for years has been battling losses and scandals. Merkel will be speaking just a week after the lender reported its first annual profit since 2014, an important milestone in CEO Christian Sewing’s efforts to revive Deutsche’s fortunes. But investors and analysts said that despite Merkel...
BW Businessworld Merkel's Vote Of Confidence In Deutsche Bank Belies Lender's Problems Deutsche, which is in the midst of a major overhaul, is forecast to make 1.6 billion euros less in revenue in 2022 than in 2020, a drop of 6%, based on a consensus forecast of analysts. Photo Credit : Angela Merkel will give a welcome speech at Deutsche Bank's annual New Year reception on Thursday, marking a rare appearance by the German chancellor at an event by a bank that for years has been battling losses and scandals. Merkel will be speaking just a week after the lender reported its first annual profi...