The economic slump is likely to hit German banks harder than previously thought. “Corona-related”, an additional 3,500 branches could be closed by 2025, writes “Welt am Sonntag”, referring to a study by the consulting firm Investors Marketing. The number of contact points for bank customers in Germany will drop by 10,700 to 16,000. “The crisis … Read more
Frankfurt trading hall The corona crisis has plunged global equity markets into a crisis. – (Photo: Bloomberg / Getty Images) – – – – Dusseldorf The leading German index is slipping again this Wednesday: the Dax is losing at the close of trading 3.9 percent and closes at 9545 points – a minus of 390 … Read more
Frankfurt trading hall The corona crisis has plunged global equity markets into a crisis. – (Photo: Bloomberg / Getty Images) – – – – Dusseldorf The leading German index is going down again this Wednesday: the Dax loses 4.2 in the afternoon trade Percent and listed at 9530 points. All 30 Dax values are in … Read more
At times, the US standard index Dow Jones collapsed by more than nine percent, the biggest drop since “Black Monday” in 1987. Investors fled the stock markets in panic, but other asset classes are also massively affected. Ironically, the crisis currency gold cannot benefit from the panic on the stock markets, on the contrary: the … Read more
Dhe effects of the corona virus are increasingly becoming a threat to the German economy, which consumers will also feel. With rapidly increasing diseases in Italy including sealed off communities, especially in Lombardy south of Milan, the plague has moved closer to Germany with larger numbers of cases. With 260 infected people and seven deaths, … Read more
opinion Blow to shareholders Bonuses despite billion dollar losses – Deutsche Bank reveals a crazy system – – Status: 12:04 p.m. | Reading time: 2 minutes – – – – Deutsche Bank again makes billions in losses – – Deutsche Bank recorded a loss of 5.7 billion euros for the past year. While revenues fell … Read more
Thursday January 30, 2020 – Deutsche Bank is again in the red. For 2019, the group reports a net loss of 5.7 billion euros. CEO Sewing attributes this to the renovation and is satisfied. The largest corporate restructuring in the company’s history caused Deutsche Bank a net loss of 5.7 billion euros last year. It … Read more
In future, the focus should actually be on private and corporate customer business. But only a few months after the announcement of the new strategy, there is apparently a return. The year of the 150th anniversary will be for the Deutsche Bank the year of truth. After losing billions in 2019, the Frankfurt money house … Read more