#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

#DeutscheBank reports third consecutive annual loss

http://ow.ly/7ZQE30i9RrO

#WorldMarket

US regulators to fine UBS, Deutsche Bank, HSBC for ‘spoofing’ and manipulation: The U.S. derivatives regulator is set to announce it has fined European lenders UBS, HSBC, and Deutsche Bank millions of dollars each for so-called spoofing and manipulation in the U.S. futures market, three people with direct knowledge of the matter told Reuters. #NorthAmerica #anticorruption #corruption #DeutscheBank #GetUrRiskOn

#deutschebank and #cryptocurrencies like #bitcoin.

Deutsche Bank: ‘Required Governance’ For Crypto ‘: Deutsche Bank’s Chief Investment Office head Markus Mueller has suggested that “governance” that will legitimize crypto investments could exist in “five to ten years.” #GovernanceandEthics #anticorruption #DeutscheBank #GetUrRiskOn

Aktie des Tages: #DeutscheBank und nach den Zahlen gerade...so könnte es weitergehen 🤔 https://www.trading-treff.de/aktien/deutsche-bank-quartalszahlen-chartanalyse

#saving #deutschebank #johncryan .@bank @banking .@management .@manager @db .@deutschebank .@commerzbank knowing they are a strategicentity of germany To keep atleast one global player in finance alive This limits the downrisk of total loss. But not the…

#DeutscheBank: Where the Dots of #Russiagate Connect #ReconsiderNews #MoneyLaundering via #WhoWhatWhy

#DeutscheBank buys stake in #TrustBills

Germany’s Deutsche Bank AG (DBKGn.DE) has bought a 12.5 percent stake in auction platform TrustBills, the bank said on Monday. The terms of the deal were not disclosed. Founded in 2015, Germany-based financial technology company TrustBills is an…