Deutsche Bank beats expectations to post eighth straight quarter of profit

Summary by Ground News
Deutsche Bank posts better-than-expected second-quarter profit. Investment banking revenues rose, but revenue from origination and advisory business declined 63% in the quarter. Chief Executive Christian Sewing wrote to staff that they should be proud of the results but sounded bleak about the near-term economic outlook.
Published 4 months ago · Berlin, Germany Photography CNBC

News Articles

More Filters
All
Left
Center
Right

Deutsche Bank raises 51% profit in second quarter Warning for economic outlook

[Frankfurt 27th Reuters] - The second quarter financial results announced by Deutsche Bank on the 27th exceeded expectations, with a 51% increase in profit. Sales in the investment banking sector increased. However, the year-round outlook for the sector was lowered, which sounded an alarm for the future of the economy. The German economy is highly dependent on Russian energy, and if there is a shortage of supply, it is expected that it will be h…

4 months ago·United Kingdom
Read Full Article

Deutsche Bank warns of costs as inflation headwinds build

Deutsche Bank AG scrapped an efficiency target for the year and warned a key profitability goal was getting harder to reach, as the economy weakens and the war in Ukraine, surging inflation and litigation drive up expenses.

4 months ago·Ireland
Read Full Article

Deutsche Bank Extends Profit Streak In Q2 But Warns On Economy

Deutsche Bank posted a better-than-expected 51% rise in second-quarter profit on Wednesday as investment banking revenues rose, though the lender was less optimistic about the division's prospects for the full year and warned about the economic outlook.

4 months ago·United States
Read Full Article

Deutsche Bank beats expectations to post eighth straight quarter of profit

Deutsche Bank beat market expectations to post an eighth straight quarter of profit on Wednesday, recording a second-quarter net income of 1.046 billion euros ($1.06 billion).

4 months ago·United States
Read Full Article

Deutsche Bank extends profit streak in second quarter

Deutsche Bank posted a better-than-expected 51% rise in second-quarter profit today as investment banking revenues rose, though the lender was less optimistic about the division's prospects for the full year and warned about the economic outlook.

4 months ago·Ireland
Read Full Article

Deutsche Bank surprises and disappoints at the same time

Deutsche Bank earned a surprising amount of money in the first half of the year and is doing well. Actually. Because there are tough times ahead.

4 months ago·Munich, Germany
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

67% of the sources are Center
Bloomberg
Reuters
IBTimes
CNBC
RTÉ
Independent.ie
L 17%
C 66%
R 17%
See less detail