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Deutsche Bank swings to Q1 profit on investment bank strength - Netscape Money & Business


Deutsche Bank swings to Q1 profit on investment bank strength
By Tom Sims
Reuters
FRANKFURT (Reuters) - Deutsche Bank swung to better-than-expected net profit in the first quarter of 2021 as strength at the investment bank helped offset the headwinds of an ongoing restructuring program and the coronavirus pandemic.
Deutsche painted a rosier look for 2021, saying it now expects revenues to be essentially flat, compared with a previous estimate of marginally lower .
The German lender said on Wednesday that its first-quarter net profit attributable to shareholders was 908 million euros ($1.10 billion), which compares with a year-earlier loss of 43 million euros. Analysts had expected a profit of almost 600 million euros. ....

Riham Alkousaa , Kirsti Knolle , Patricia Uhlig , Tom Sims , Deutsche Bank , Executive Officer Christian Sewing , டோம் சிம்ஸ் , டாய்ச் வங்கி , நிர்வாகி அதிகாரி கிறிஸ்துவர் தையல் ,

Deutsche Bank swings to Q1 profit on investment bank strength


By Tom Sims
FRANKFURT (Reuters) – Deutsche Bank swung to better-than-expected net profit in the first quarter of 2021 as strength at the investment bank helped offset the headwinds of an ongoing restructuring program and the coronavirus pandemic.
Deutsche painted a rosier look for 2021, saying it now expects revenues to be “essentially flat,” compared with a previous estimate of “marginally lower”.
The German lender said on Wednesday that its first-quarter net profit attributable to shareholders was 908 million euros ($1.10 billion), which compares with a year-earlier loss of 43 million euros. Analysts had expected a profit of almost 600 million euros.
It was the strongest quarter for Deutsche since the first quarter of 2014, as revenue at its fixed-income trading business and origination and advisory services surged, trends that have also lifted profits of competing banks. ....

Riham Alkousaa , Kirsti Knolle , Patricia Uhlig , Tom Sims , Deutsche Bank , Executive Officer Christian Sewing , டோம் சிம்ஸ் , டாய்ச் வங்கி , நிர்வாகி அதிகாரி கிறிஸ்துவர் தையல் ,

Drama At Deutsche: Trader Bonuses Spike While Call Center Employee Strike For Better Wages

Drama At Deutsche: Trader Bonuses Spike While Call Center Employee Strike For Better Wages
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

United States , Stephan Szukalski , Brian Moynihan , Jp Morgan , Executive Officer Christian Sewing , ஒன்றுபட்டது மாநிலங்களில் , பிரையன் மாய்நீஹாந் , ஜ்ப் மோர்கன் , நிர்வாகி அதிகாரி கிறிஸ்துவர் தையல் ,