Deutsche Bank Ag Stock News

Australias public prosecutor has pulled out a case against Citigroup, Deutsche Bank and several former executives over a A$2.5 billion share issuance in 2015. The public prosecutors office has withdrawn the case after nearly four years of pre-trial hearings, according to the Australian Competition and Consumer Commission (ACCC), which was first to refer the matter to the prosecutor. No reason was given by the ACCC for the withdrawal. «We respect the independent decision of the [Commonwealth Director of Public Prosecutions], and with them will consider what lessons can be learnt from this matter,» said ACCC chair Rod Sims in a statement. Unsold Shares The case is based on phone calls in 2015 about a A$2.5 billion ($1.8 billion) stock issuance between multiple banks. The banks discussed unissued shares they were left holding and staff were heard saying they would withhold from selling to prevent a sharp supply increase that could cause the price to fall. Also on the calls was J.P. Morgan, which notified regulators about the issue in exchange for immunity on legal advice, according to its staff at the hearings, though they said they never viewed the discussions as improper.

Bankers vindicated as prosecutors conclude there is ‘no longer reasonable prospects of conviction’.

February 11, 2022 10:23 AM SYDNEY (REUTERS) - Australia withdrew a cartel lawsuit against Citigroup, Deutsche Bank and several former executives over a A$2.5 billion (S$2.4 billion) share issue, ending what was set to be the country''s biggest white-collar criminal trial.

Australian prosecutors drop cartel charges against Citi, Deutsche Bank

Deutsche Bank AG - Registered Shares (DB) shares closed today at 0.2% below its 52 week high of $16.54, giving the company a market cap of $33B. The stock is currently up 31.1% year-to-date, up 56.5% over the past 12 months, and down 2.3% over the past five years. This week, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 0.0%. Trading Activity Trading volume this week was 8.1% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 187.0% The company's stock price performance over the past 12 months beats the peer average by 150.6% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

Deutsch Bank increased its rating on H & M Hennes & Mauritz AB (HNNNY) to a Hold rating after having the retailer slotted at Sell. Read more.

Deutsche Bank AG - Registered Shares (DB) shares closed today at 0.5% below its 52 week high of $16.47, giving the company a market cap of $33B. The stock is currently up 31.4% year-to-date, up 55.5% over the past 12 months, and down 1.8% over the past five years. This week, the Dow Jones Industrial Average rose 0.2%, and the S&P 500 fell 0.4%. Trading Activity Trading volume this week was 86.1% higher than the 20-day average.Beta, a measure of the stock’s volatility relative to the overall market stands at 0.9. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 201.1% The company's stock price performance over the past 12 months beats the peer average by 144.9% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

A sell-off in growth stocks and a setback for a vaccine mandate pushed the stock lower.

Cerberus is to sell more shares in Deutsche Bank , a term sheet from the investment bank running the sale showed on Tuesday, following on from a sale last month of shares in Germany''s largest bank by the U.S. investment fund.

© Reuters. FILE PHOTO: A woman walks past a Deutsche Bank office in London, Britain July 8, 2019. REUTERS/Simon Dawson FRANKFURT (Reuters) -U.S. investor Cerberus is further selling down its stake in Deutsche Bank (DE:), according to term sheet from the bookrunner on Tuesday. Cerberus, which currently holds 1.99% of Germanys largest lender, wants to

Cerberus is seeking to pare down its holdings of Deutsche Bank <> further after selling a stake of ~1% in the German lender earlier this year, Reuters reports.Cerberus, which…

FRANKFURT (Reuters) -U.S. investor Cerberus is further selling down its stake in Deutsche Bank, according to term sheet from the bookrunner on Tuesday.

FRANKFURT (Reuters) -U.S. investor Cerberus is further selling down its stake in Deutsche Bank, according to term sheet from the bookrunner on Tuesday.

Key Events This Week: All Eyes On The CPI After what DB''s Jim Reid describes as "a week for the ages" this week should be calmer until of course US CPI comes along on Thursday. As the Deutsche strategist notes, in his look back at a hell of a week, what made last week so fascinating was the rare interplay between macro and micro. Not only did the rates world shake and reverberate (2yr bunds +35.9bps and the worse week since 2008), but on successive days we saw the biggest market cap fall in history for any company (Meta), followed by the biggest rise ever (Amazon). We have 83 S&P 500 companies reporting this week but no Goliath sized ones, so it''ll be a more normal week for earnings. The macro and micro last week was enough to push the Russian/Ukraine tensions into the background but they are clearly still there so we have to watch out for that as well. Over the weekend ECB governor Knott (a hawk) became the first ECB official to confirm what we reported last week, when he endorsed a 2022 hike by suggesting that he expects a hike around Q4 and another in Spring 2023, and that they are most likely to be in 25bps increments.

Futures Tread Water Amid Peripheral Bond Rout As Key CPI Print Looms U.S. index futures swung around in a volatile, illiquid overnight session, and at last check were flat despite traders'' concerns about growing fireworks in the European bond market where Italian and Greek bond plunged amid fears of ECB rate hikes as soon as October, while waiting for Thursday''s key CPI data and further corporate earnings. S&P 500 futures were up 2 points or 0.05%, Nasdaq futures were up 26 points or 0.18% and Dow futures were up fractionally as markets now expect more than five quarter-point Federal Reserve interest-rate hikes in 2022 to keep inflation on check following a strong U.S. jobs report. Treasury yields and the dollar were stable, while the euro snapped a six-day strengthening run. WTI crude fell after last week''s rally. Chinese shares climbed on their return from a weeklong holiday. Bitcoin extended its recovery surge. In the premarket, Peloton was in focus, soaring 27% on reports it''s evaluating interest from potential suitors including Amazon and Nike.