deutschebank
An arbitration court in St Petersburg has frozen the assets of several banks in Russia, including Deutsche Bank, after the planned construction of a terminal, which the German bank had helped to guarantee, was cancelled. The court action was taken at the request of RusChimAllianz, a Gazprom subsidiary operating an LNG terminal on the Baltic Sea. The company is claiming €239 million ($260 million) against Deutsche Bank, according to a report by the Russian state news agency Tass on Saturday. The assets blocked are securities belonging to Deutsche Bank and other companies in which it holds an in...
DPA International
An arbitration court in St Petersburg has frozen the assets of several banks in Russia, including Deutsche Bank, after the planned construction of a terminal, which the German bank had helped to guarantee, was cancelled. The court action was taken at the request of RusChimAllianz, a Gazprom subsidiary operating an LNG terminal on the Baltic Sea. The company is claiming €239 million ($260 million) against Deutsche Bank, according to a report by the Russian state news agency Tass on Saturday. The assets blocked are securities belonging to Deutsche Bank and other companies in which it holds an in...
DPA
An arbitration court in St Petersburg has frozen the assets of several banks in Russia, including Deutsche Bank, after the planned construction of a terminal, which the German bank had helped to guarantee, was cancelled. The court action was taken at the request of RusChimAllianz, a Gazprom subsidiary operating an LNG terminal on the Baltic Sea. The company is claiming €239 million ($260 million) against Deutsche Bank, according to a report by the Russian state news agency Tass on Saturday. The assets blocked are securities belonging to Deutsche Bank and other companies in which it holds an in...
DPA Breaking News
Ein Schiedsgericht in St. Petersburg hat Vermögen mehrerer Banken, darunter der Deutschen Bank, in Russland eingefroren. Die Maßnahme erfolge auf Antrag von RusChimAllianz, einer Tochtergesellschaft von Gazprom zum Betrieb eines LNG-Terminals an der Ostsee, die gegen die Deutsche Bank Ansprüche von 238,61 Millionen Euro erhebt. Das meldete die russische staatliche Nachrichtenagentur Tass. Das Vermögen sei in Form von Wertpapieren, die der Deutschen Bank und anderen Gesellschaften mit deren Beteiligung gehören, sowie in Form von Immobilien und Geld auf Konten blockiert worden. Es handelt sich d...
DPA (German)
Das Postbank-Durcheinander hat der Deutschen-Bank-Führung viel Kritik von Aktionärsseite eingebracht. «Die Probleme bei der IT-Migration der Postbank sind eine Blamage. Eine Bank darf ihre Kunden nicht so im Regen stehen lassen, wie das bei der Postbank geschehen ist», sagte Fondsmanagerin Alexandra Annecke von Union Investment bei der Hauptversammlung, die erneut nicht als Präsenzveranstaltung stattfand. Deka-Vertreter Andreas Thomae bilanzierte, in der Privatkundenbank habe es im vergangenen Jahr «lichterloh gebrannt»: «Die vielen Kundenbeschwerden im Zuge der Postbank-Integration haben Sie ...
DPA (German)
Siemens-Chef Roland Busch hat vor den Folgen von Populismus, Extremismus und Rassismus für den Wirtschaftsstandort Deutschland gewarnt. «Extremisten und Rassisten spalten unsere Gesellschaft, spalten unser Land, gefährden unseren Wohlstand», sagte Busch. «Wir wollen mehr Vielfalt, mehr Offenheit und mehr Toleranz für eine lebenswerte Gesellschaft und Wohlstand.» Das sei die Basis für Innovationskraft und Wettbewerbsfähigkeit. Siemens beteiligt sich mit zahlreichen weiteren Unternehmen an der Wirtschaftsallianz «Wir stehen für Werte». Mit dabei sind auch die Deutsche Bahn und die Deutsche Bank....
DPA (German)
German lender Deutsche Bank expects ongoing litigation concerning its acquisition of postal service retail bank Postbank to affect second-quarter and full-year profitability. The Higher Regional Court of Cologne on Friday assessed claims from former Postbank shareholders contending that a higher offer price should have been paid in connection with Deutsche Bank's voluntary takeover offer in October 2010. The total value of the claims, inclusive of accumulated interest, is estimated at around €1.3 billion ($1.4 billion). The court's indications during the hearing suggest potential validity in s...
DPA International
German lender Deutsche Bank expects ongoing litigation concerning its acquisition of postal service retail bank Postbank to affect second-quarter and full-year profitability. The Higher Regional Court of Cologne on Friday assessed claims from former Postbank shareholders contending that a higher offer price should have been paid in connection with Deutsche Bank's voluntary takeover offer in October 2010. The total value of the claims, inclusive of accumulated interest, is estimated at around €1.3 billion ($1.4 billion). The court's indications during the hearing suggest potential validity in s...
DPA
German lender Deutsche Bank expects ongoing litigation concerning its acquisition of postal service retail bank Postbank to affect second-quarter and full-year profitability. The Higher Regional Court of Cologne on Friday assessed claims from former Postbank shareholders contending that a higher offer price should have been paid in connection with Deutsche Bank's voluntary takeover offer in October 2010. The total value of the claims, inclusive of accumulated interest, is estimated at around €1.3 billion ($1.4 billion). The court's indications during the hearing suggest potential validity in s...
DPA Breaking News
Deutsche Bank has recorded a first quarter net income of €1.45 billion, 10% more than the total made during the same period last year. The figure came in above analysts' expectations and also marks the group's highest first-quarter profit since 2013. Net revenues, meaning earnings made before deducting expenses, grew 1% year on year to €7.8 billion, which was primarily driven by growth in commissions and fee income. Meanwhile, revenue at Deutsche Bank's investment wing was up 13%, at €3 billion. This was boosted by a 7% increase in trading of fixed-income assets such as bonds. Origination and ...
Euronews (English)
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