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Deutsche Bank AG engages in the provision of corporate banking and investment services. It operates through the following segments: Corporate & Investment Bank (CIB); Private & Commercial Bank (PCB); and Deutsche Asset Management (Deutsche AM). Read More The CIB segment refers to the corporate finance and global transaction banking businesses. The PCB segment consists of the Postbank; Private & Commercial Clients Germany; Private & Commercial Clients International; and Wealth Management business units. The Deutsche AM offers investment management services. The company was founded by Adelbert Delbrueck on March 10, 1870 and is headquartered in Frankfurt am Main, Germany.
Frankfurt am Main, Hessen
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Yahoo FinanceMay 24
Deutsche Targets Further Cost Cutting in U.S. Equities Unit
Per a Reuters article, Deutsche Bank DB is mulling to make cutbacks in the U.S. equities trading business, with a view to impress investors with the turnaround plans post failed merger talks with Commerzbank.
Seeking AlphaMay 23
Deutsche bank targets U.S. equities, prime unit for cuts - Reuters
Deutsche Bank (DB -1.7% ) plans cuts at its U.S. equities business, including prime brokerage and equity derivatives, in an effort to win over shareholders unhappy with the stock's lagging performance, Reuters reports, citing four people familiar with the matter.
Expected Jul 25, After Hours