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Germany's property sector is under stress, prompting firms to call for government support, property developers to file for insolvency and share prices of landlords to plunge. The real...
Deutsche Boerse said on Friday that it was extending an offer period to shareholders for its takeover of the Danish investment management software company SimCorp, a move it had expected as it...
By Brenna Hughes Neghaiwi and Tom Sims ZURICH (Reuters) - Alison Rose's resignation from NatWest leaves just one woman in charge of a major western Eu...
E.ON, Europe's largest energy networks operator, on Thursday reported a 64% rise in adjusted net profit during the first six months of the year, citing a stabilisation in energy markets, and it...
FRANKFURT (Reuters) -Deutsche Bank on Wednesday posted a 27% fall in second-quarter profit as investment banking revenue slumped and warned of the need for cost cuts even though higher interest rates fuelled gains at its retail division. The German lender downgraded its outlook for the investment bank, saying it now expected revenues to be slightly lower in 2023, compared to a previous forecast for flat revenue, though it was slightly more optimistic for the broader bank's full-year revenue potential. The figures underscore broader trends in global banking, with investment banks struggl...