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German tax investigators are searching offices at Deutsche Bank's headquarters in Frankfurt in connection with an investigation into so-called cum-cum transactions, Die Welt newspaper reported on Wednesday.
Bank of New York Mellon Corp trimmed its holdings in shares of Deutsche Bank Aktiengesellschaft (NYSE: DB) by 5.6% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,965,884 shares of the bank's stock after selling 177,097
Deutsche Bank (DB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Frankfurt prosecutors said they executed a search warrant at a Deutsche Bank branch on Tuesday but disclosed no further details.
Deutsche Bank and the World Bank launched a 1-billion-euro (about $1.1 billion) trade finance platform, according to a Tuesday (July 14) press release. The platform is designed to increase access to trade finance in frontier and emerging markets, the release said.
Deutsche Bank has paid an A$2 million ($1.3 million) penalty for misreporting more than 260,000 over-the-counter (OTC) derivative transactions, Australia's securities regulator said on Monday.
Bytes Technology Group PLC (LSE:BYIT, FRA:9NY, JSE:BYI) was downgraded by Deutsche Bank after the software reseller's latest trading update reassured investors but left little scope for further gains in the share price. The bank moved to 'hold' from 'buy' but raised its target price to 410p from 390p, broadly in line with Thursday's closing price of 409.8p.
Deutsche Bank slashed its target price for Boku Inc (AIM:BOKU) shares after the mobile payments company warned first-half revenue and earnings would miss expectations following customer delays and the loss of transaction volumes in one market. The company said it expects revenue of about $66.5 million for the six months to June, well below Deutsche Bank's previous forecast of $75 million.
SEC filings for DB aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.