Deutsche Bank shares up 7% after first-quarter profit beat, investment banking recovery

Deutsche Bank on Thursday reported 1.275 billion euros ($1.365 billion) in net profit attributable to shareholders in the first quarter, marking a 10% annual increase. Analysts had forecast a result ... Read More

Deutsche Bank to make provision for Postbank suit that will hit Q2 profit

Deutsche Bank AG said a court ruling in a years-long litigation over its takeover of Postbank will require it to make a legal provision that will impact its second quarter and full-year profitability. Read More

Deutsche Bank reports 10% profit rise in first quarter, beating expectations

Deutsche Bank on Thursday reported 1.275 billion euros ($1.365 billion) in net profit attributable to shareholders in the first quarter, marking a 10% annual increase. Analysts had forecast a result ... Read More

deutsche bank ag

Deutsche Bank has joined JPMorgan Chase and Goldman Sachs in winding down its business in Russia following the country's invasion of Ukraine. Read More

Deutsche Bank shutting up shop in NZ

News of the ... securities trading business across the Tasman, which will affect fewer than 20 jobs. Deutsche Bank reported a net loss of 6 billion euros for the third quarter. Read More

Big bank profits likely fell in first quarter but investors don't seem worried

Analysts expect JPMorgan Chase (JPM), Wells Fargo (WFC) and Citigroup (C) and Bank of America (BAC) to report that their first-quarter profits were up from the fourth quarter of 2023 but down when ... Read More

Big-Bank Trading Revenue Slips in First Quarter

Stock and bond markets were calm in the first quarter, resulting in slow business for Wall Street trading desks. JPMorgan Chase booked just under $8 billion in trading revenue, down 5% from a year ... Read More

Esso first-quarter net profit falls on lower margins

KUALA LUMPUR: Esso Malaysia Bhd’s net profit for the first quarter ended March 31 declined 46.7% to RM82.6mil from RM154.88mil a year earlier. Its revenue, however, rose to RM2.8bil from RM2.6bil. Read More

Citi profit falls on severance costs from reorganization while stock slides

(Reuters) -Citigroup's first-quarter profit fell 27% as the bank took charges related to its reorganization ... initial public offering of its Mexican business next year. "Results were healthy ... Read More

LG Electronics Expects Operating Profit to Slide in First Quarter

LG Electronics expects its first-quarter operating profit to slide 11% from a year earlier, as it wrestles with a slow recovery in demand for home appliances. The South Korean consumer-electronics ... Read More

Technology News

ABC News' Andrea Fujii explains ... Microsoft has reported that its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence ... Read More