#DeutscheBank is still recovering after being hit with billions in fines back in 2015, according to its CEO John Cryan, after the bank posted another year of losses on Friday (Feb 2). The German lender reported a net loss of 2.2bn euros ($2.75bn) in Q4 of 2017. For the year, the German bank posted a 497m euro loss ($621m). This was the third consecutive annual loss for Deutsche Bank. The bank's results were impacted by a drop in investment banking as well as tax changes in the U.S.


#CorporateEarnings #ShareholderReturn #FinancialReporting #CorporateProfits #Profits #Earnings #EuropeanCompanies #Banking #BigBanks #BankingSector
Deutsche Bank is still recovering from 2015 fines, CEO says after it posts third consecutive annual loss
https://www.cnbc.com/2018/02/02/deutsche-bank-earnings-results-2-point-75-billion-loss-in-fourth-quarter.html

#Germany's biggest bank said Friday (Feb 2) that it had been pushed into the red for a third consecutive year by a €1.4bn ($1.8bn) hit from tax changes in the United States. It also reported falling revenues. Companies around the world have been bruised - in the short run - by the Trump administration's tax overhaul. But the pain is especially uncomfortable for #DeutscheBank, which has been dogged by years of legal battles, regulatory fines and questions over its financial health. The bank posted an annual loss for 2017 of €500m ($625m). The tax charge resulted in a loss of €2.2bn ($2.8bn) in Q4. Revenues fell 12% in 2017, a slide the bank attributed to the sale of some businesses and challenging market conditions.


#CorporateEarnings #ShareholderReturn #FinancialReporting #CorporateProfits #Profits #Earnings #EuropeanCompanies #Banking #BigBanks #BankingSector
Deutsche Bank hasn't made a profit in 3 years
http://money.cnn.com/2018/02/02/investing/deutsche-bank-loss-us-tax/index.html

#Europeancompanies seek help dealing with activist investor threat
http://ow.ly/8XYG30eDGhs
#WorldMarket #Europe

#Europeancompanies are set to see significant gains from the $1.5tn overhaul of U.S. corporate and individual #tax rates passed last week by Republican lawmakers, although the impact may hit the value of current deferrals that sit on the balance sheets of some of the region's biggest firms.

#RoyalDutchShell, #Europe's biggest oil company, said that it expects the U.S. #taxcuts, which take the baseline corporate rate to 21% from 35%, will be 'favourable to Shell and to its US operations' but won't be able to value the changes until it publishes its full-year earnings in February.


#CorporateEarnings #ShareholderReturn #FinancialReporting #CorporateProfits
U.S. Tax Law Set To Give Big Boost to European Corporate #Profits
https://www.thestreet.com/story/14430441/1/u-s-tax-reform-set-to-give-big-boost-to-european-corporate-earnings.html

Why small businesses are booming in Latvia? #europeancompanies   #Latvia   #smallbusinesses  

IPOs from #Europeancompanies have been put on ice as market turbulence following #Britain’s vote to leave the EU deters them from pushing ahead with listings. The European market for new IPOs has had a difficult year so far. The value of European listings in 2016 has fallen 55% compared with the same period in the previous year while the number of deals has fallen from 170 to 112, according to Dealogic.

A period of market turbulence in January and February dissuaded issuers from launching new deals. This was followed by a run of poorly received offerings and, finally, a handful of larger, successful IPOs - including the nationalisation of Danish electricity business Dong Energy - provided a bookend for the market before it stopped for the UK referendum.

#CapitalStructure #CorporateFinance #InitialPublicOffering #Stocks #StockMarket #FundRaising
#Brexit keeps European #IPO market on hold
http://www.ft.com/cms/s/0/ad261e0a-3f05-11e6-9f2c-36b487ebd80a.html

#UScompanies are significantly more acquisitive than their European counterparts - acquiring more #startups and spending more money on deals, according to Mind the Bridge and CrunchBase. Around 82% of transatlantic deals (4,880 out of 5,925) undertaken since 2012 were completed by US companies. This represents $504bn in disclosed transactions - 90% of the overall exit value for startups. Majority of acquisitions by US companies were domestic, however American firms still managed to buy nearly as many European startups as #Europeancompanies. American companies acquired 562 European startups compared to 709 bought by other European companies.

#CorporateStrategy #CorporateFinance #GrowthStrategy #Mergers #DealMaking #Takeovers #Acquisitions #MergersandAcquisitions
Report Unveils Europe Is Behind USA In Startup Acquisitions
http://www.forbes.com/sites/freddiedawson/2016/09/21/worrying-signs-as-report-unveils-europe-is-behind-usa-in-startup-acquisitions/

#PenguinRandomHouse to acquire #Santillana Ediciones Generales for €72m. #publishing #europeancompanies #MoreRating 

It turns out #Europe doesn’t need #China to drive #dealmaking. After more than tripling last year, Chinese acquisitions in ­Europe fell 87% in Q1, hindered by the Asian giant’s plans to restrict capital outflows. Still, a drive by North American and #Europeancompanies to boost profits by cutting costs and unlocking new revenue sources spurred multi­billion-dollar transactions, pushing deal value in Europe sharply higher in the first three months of 2017.

Some of those deals included the US$16.6bn Reckitt Benckiser Group-Mead Johnson Nutrition tie-up and Johnson & Johnson’s US$30bn pact for Swiss biotech Actelion. The activity highlights renewed confidence in M&A among some large European and US companies


#CorporateFinance #Mergers #Takeovers #Acquisitions #MergersandAcquisitions
Europe inks big deals, without the help of China
http://www.theaustralian.com.au/business/wall-street-journal/europe-inks-big-deals-without-the-help-of-china/news-story/27297443c5303f9df12869029a5ebe39