Deutsche Bank Ag Stock News

Things we’re reading today include … Fintech Funding Takes A Tumble Meet The London Fintech That Wants To Be Investors’ One-Stop Crypto Shop Africa’s 2022 Fintech Giants War reactions and recent deals in Ukrainian fintech Russia’s banks turn from global ambitions to survival Deutsche Bank tests IT operation resilience amid …

An analyst from a prominent investment bank shaves $20 off his price target on the shares.

DENVER, March 7, 2022 /PRNewswire/ -- Maxine Moreau, president of Mass Markets at Lumen Technologies (NYSE: LUMN), will present at the Deutsche Bank 30th Annual Media, Internet, & Telecom Conference in Palm Beach, Florida, on March 14. The presentation is scheduled to begin at 3:50 p.m….

Deutsche Bank Braces For Massive Disruptions Due To Reliance On Russian IT Workers While Credit Suisse (and, by extension, its clients) face brutal margin calls on their Russian assets, Deutsche Bank is struggling with a different, but equally vexing, issue involving it Russia exposure: the bank is bracing for the loss of more than 25% of its investment bank IT specialists as sanctions against Moscow threaten to cut off the bank''s key tech centers in Moscow and St. Petersburg. According to the FT, the German lender employs some 1,500 people in its Russian tech centers. These employees are responsible for developing and maintaining the software the bank uses for its global trading business, as well as software used by its may corporate banking arm. Since the start of the conflict in Ukraine, the German banking giant has been conducting "stress testing" and "disaster recovery" exercises to simulate the impact should it no longer be able to operate or pay its Russian staff. The bank has already frozen hiring of IT staff in Russia, and is already looking into moving more of its IT capabilities to other countries, according to the FT. "All options are currently on the table," one senior DB executive said.

Labour’s Margaret Hodge says banks including Deutsche Bank, HSBC, JP Morgan and Credit Suisse have ‘moral duty’ to exit quickly

European banks are thinking about their physical facilities in Russia and their loan exposure.

European stocks lose 7% this week, as the war in Ukraine intensifies, and a fire at a nuclear plant rattles investors. The euro slumps to two year low.

The U.S. added 678,000 jobs in February while the national unemployment rate fell to 3.8%, according to data released Friday morning by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS

Futures Slide With Traders Shellshocked From Ukraine Newsflow It has been another rollercoaster session, which saw futures tumble around 7pm ET following news that a Ukrainian nuclear power, Europe''s largest, had caught fire after alleged Russian shelling, and even though it largely turned out to be a false alarm with no damage to the NPP reactors or any radiation leaking, futures still have failed to recover much of the loss and were trading about 1.1% lower on concerns that the escalation of the war in Ukraine could have a stronger economic impact than anticipated. Contracts on the Nasdaq dropped 0.8% and Dow futures were 0.93% lower. As futures sold off, treasuries and gold climbed amid haven demand, while oil headed for its biggest weekly surge in almost two years. A dollar gauge rose to its highest level since July 2020, while the euro extended its decline below $1.10 for the first time since May 2020. “The market mood is deep red,” said Ipek Ozkardeskaya, senior analyst at Swissquote. “European stocks continue feeling the pinch of an escalating war, as the U.S. major indices remain under a decent selling pressure.

FRANKFURT (Reuters) – Deutsche Bank on Friday laid out the scale of emissions connected to its loan book in several carbon-intensive sectors ahead of publishing formal targets to cut them later this year.

Deutsche Bank reaffirmed a Buy rating on Stellantis N.V. (STLA) after talking over the automaker''s 2030 Dare Forward plan with top executives. Read more.

To become an investment banker at Deutsche Bank, you have to go through a multi-stage application process.

The rise was mainly due to a 32% growth in the asset management business, followed by a 10% growth in the corporate bank unit and a 4% increase in the private bank division.

Gazprom''s London Landlord Kicks Out Russian Gas Traders Over Ukraine Gazprom, the Russian state-affiliated energy giant, is being thrown out of its central London offices following Russia''s invasion of Ukraine. It''s only the latest decision whereby the British energy giant is being shunned for its ties to the Russian state. The firm''s energy-trading arm is being kicked out of its central London offices in the wake of the Russian incursion into Ukraine, it''s only the latest blow for a firm that has long been viewed with suspicion. British Land Co., the firm''s landlord, said that the firm''s contract on the space near Regent''s Park had been previously scheduled to end n 2025, but instead the firm planned to end the contract "as soon as possible". "This is a fast-moving, complex situation, and we will continue to review all measures that are available to us, while remaining fully compliant with sanctions requirements," British Land said in the statement. The landlord added that it was "shocked and saddened" by events in Ukraine.

American Express Global Business Travel ("Amex GBT" or the "Company"), the world''s leading B2B travel platform, today announced that the Company will be virtually attending the following upcoming conferences. Wolfe Research''s FinTech Forum Date: Tuesday, March 8, 2022 1x1 Meetings Only Morgan Stanley''s Tech, Media & Telecom Conference Date: Thursday, March 10, 2022 1x1 Meetings Only Deutsche Bank''s Media, Internet and Telecom Conference Date: Monday, March 14, 2022 Presentation Time: 10:20 AM ET / 7:20 … Full story available on Benzinga.com