Germany's KfW bank sells 50 million Deutsche Post shares
By Emma-Victoria Farr and Christian Kraemer FRANKFURT (Reuters) -Germany's state-owned KfW bank placed some 50 million shares of its stake in DHL for 2.17 ...
Source: saltwire.com
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Mt. Baker Ski Area cancels 36th Legendary Banked Slalom
Warm weather conditions and too much rain forced the ski area to move its annual snowboarding contest to 2025.
Source: king5.com
Deutsche Bank Q4 profit down less than feared; announces buybacks, dividends
Deutsche Bank on Thursday posted a 30% drop in fourth-quarter profit as restructuring costs and other one-off expenses outweighed revenue gains, but the fall was not as steep as analysts feared....
Source: marketscreener.com
Prosecutors visit DWS offices again over alleged greenwashing
FRANKFURT -The Deutsche Bank-owned asset manager DWS said that prosecutors visited its offices on Thursday in an ongoing investigation into accusations of greenwashing.... -February 01, 2024 at 10:08 am EST - MarketScreener
Source: marketscreener.com
Analysis-European bank recovery stumbles as BNP Paribas and ING dim outlook
A strong recovery by European banks faces a possible setback after BNP Paribas and ING warned on Thursday of a more challenging outlook and investors reappraised which lenders are most vulnerable as a boost from higher interest rates recedes. Shares in BNPP, which missed forecasts and pushed back a key profitability target, slid 8% in their biggest one-day drop since March, while Dutch bank ING's stock fell sharply as it forecast lower income for 2024. "The (euro zone) economy is in the process of slowing down," BNPP CEO Jean-Laurent Bonnafe said after reporting revenue falls ...
Source: yahoo.com