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Top bank to cut 3,500 jobs

Deutsche Bank said on Thursday it would cut 3,500 jobs, buy back shares and pay dividends, in its latest pitch to investors that its...

Deutsche Bank to make more cuts as profits rise

FRANKFURT: German banking giant Deutsche Bank reported an increase in its first-quarter profits Thursday, as it announced new measures to reduce its costs. The lender...

Deutsche Bank offices raided in money-laundering probe

FRANKFURT: Investigators searched the offices of Germany's biggest lender Deutsche Bank on Friday, prosecutors said, with the focus on the bank's anti-money-laundering activities. Officers from...

Trump dropped by biggest lender Deutsche Bank

Deutsche Bank is Trump’s biggest lender, with about $340 million in loans outstanding to the Trump Organization

Bank employees shown the door with a hug and a cab ride

Summoned by HR to be handed a Deutsche Bank envelope, many of its staff across the world then left their desks for the last time on Monday

Deutsche Bank says to slash 18,000 jobs by 2022

Germany's biggest lender Deutsche Bank said Sunday it would cut 18,000 jobs by 2022, as the former leading light of the country's financial sector looks to escape years of turmoil.

Trump sues banks in bid to stop Congress subpoenas

The lawsuit is the latest step in Trump's fightback against the Democrats

Qatar has no direct say in who runs Deutsche Bank: minister

“The question of who runs this or that institution is not a matter for Qatar directly or which Qatar decides upon.”

PM’s children raised £7m from Deutsche Bank against London flats

LONDON: As the Supreme Court resumes the Panamagate Case hearing on Monday, ARY News said a UK-based newspaper had revealed in an article earlier...

US-EU economic relations in for stormy weather

WASHINGTON: With spats over Apple and Deutsche Bank and squabbles about Airbus and Boeing, approaching elections on both sides of the Atlantic are exacerbating strains in US-European economic relations.

London City’s finance hub braces for possible Brexit

LONDON: With one month to go before Britain's vital in-out EU referendum, London's City finance district is busily planning ahead for a potential "Brexit".

Swiss authorities probe seven banks for price fixing in metals market

GENEVA: Swiss competition authorities said Monday they were investigating UBS, HSBC, Deutsche Bank and four other major banks for suspected price fixing in the trade of precious metals like gold and silver.

Alibaba IPO ranks as world’s biggest after additional shares sold

HONG KONG: Alibaba's initial public offering now ranks as the world's biggest at $25 billion, netting underwriters of the sale a more than $300 million windfall after the e-commerce giant and some shareholders parted with additional shares.

Finance Ministry hires banks for US dollar sukuk

LONDON: Pakistan's ministry of finance has selected Citigroup, Deutsche Bank, Dubai Islamic Bank and Standard Chartered as bookrunners for a US dollar sukuk offering, according to a ministry official who asked not to be identified.
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