Germany's Deutsche Bank on Thursday reported profit before tax of €5.3 billion ($5.5 billion), down 7% year-on-year in light of the settlement of litigation issues related to its takeover of Postbank.
As well as poor financial performance, Deutsche Bank has also been caught up in banking scandals. Late last year prosecutors raided its headquarters in a money-laundering investigation.
Deutsche Bank gained its license from the Prussian government in 1870, with a particular focus on enabling trade between rapidly-industrializing Germany and the rest of the world. It grew to ...
Morgan Stanley analyst Giulia Miotto maintained a Buy rating on Deutsche Bank AG (DB – Research Report) today and set a price target of €22.00.
In a report released on January 30, Nicolas Payen from Kepler Capital maintained a Buy rating on Deutsche Bank AG (DB – Research Report), with ...