Deutsche Bank posted a record net loss of 6 billion Euros in the third quarter amid a harsh restructuring process. Deutsche Bank's new CEO John Cryan revealed his plans to make Germany's largest bank profitable again.
The head of Germany's biggest private lender wants the European Central Bank's (ECB's) cheap money stimulus to end, warning that he sees price bubbles in stocks, bonds and property.
German lender Deutsche Bank has presented its second-quarter earnings report, pointing to surging net and underlying profits. But Chief Executive John Cryan is unhappy about a drop in revenues across all divisions.
Shares in Germany's biggest lender have fallen 6 percent, after it confirmed plans to raise new capital with a new multi-billion-euro share issue. The bank seeks to reinvent itself following major financial setbacks.
US Democrats have asked German lender Deutsche Bank to provide detailed information about the loans it provided to Donald Trump when he was not yet US president and whether they were guaranteed by Russia.
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