Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target

Show Business and Finance Publications

Fri, January 31, 2025

[ Fri, Jan 31st ]: Kiplinger

The Outlook for Home and Auto Insurance in 2025

[ Fri, Jan 31st ]: Techopedia

Perplexity's Sonar: New API for AI Search Explained

[ Fri, Jan 31st ]: Kiplinger

Three Key Questions for Small-Business Owners in 2025

[ Fri, Jan 31st ]: Forbes

In Crypto We Trust: What The Trump Administration Means For Crypto

[ Fri, Jan 31st ]: Indiatimes

Economic Survey 2025 Live Updates, Union Budget: .. ghts 8% growth needed for 'Viksit Bharat' by 2047

[ Fri, Jan 31st ]: fintechmagazine

This Week's Top 5 Stories in the Fintech Industry

[ Fri, Jan 31st ]: Reuters

US economy resilient despite moderation in growth in fourth quarter

[ Fri, Jan 31st ]: Oneindia

Economic Survey 2024-25: From Grains To Fisheries, India's Agriculture Achieves Strong Growth

[ Fri, Jan 31st ]: NDTV

Budget 2025: What Is Standard Deduction And How It Benefits Taxpayers

[ Fri, Jan 31st ]: MSN

The FBI says crypto fraud cost Americans $5.6 billion a year. Here's how you can stay safe

[ Fri, Jan 31st ]: MSN

Yoma James Kukor: The Entrepreneur Redefining Success in Finance and Business

[ Fri, Jan 31st ]: Reuters

French budget talks on right path, Finance Minister says

[ Fri, Jan 31st ]: Indiatimes

Economic Survey 2025 Live Updates: PM Modi invoke .. for poor and middle class ahead of Budget session

Thu, January 30, 2025

[ Thu, Jan 30th ]: Newsroom

Finance boss steps out of the fire - into the Health NZ pan

[ Thu, Jan 30th ]: Investopedia

S&P 500 Gains and Losses Today: UPS Stock Drops as Shipper Trims Amazon Deliveries

[ Thu, Jan 30th ]: AOL

6 ways for seniors and retirees to save on homeowners insurance

[ Thu, Jan 30th ]: decrypt

Elastos Secures $20M Investment from Rollman Capital to Unlock Trillions in Bitcoin Finance

[ Thu, Jan 30th ]: Forbes

SuperOps Raises $25 Million For Expansion Into New Markets

[ Thu, Jan 30th ]: Oneindia

Union Budget 2025: Petrol And Diesel To Come Under GST?

[ Thu, Jan 30th ]: cnbctv18

RBI files application for insolvency proceedings against Aviom India Housing Finance

[ Thu, Jan 30th ]: Forbes

10 Technology And Business Trends That May Revolutionize Finance In 2025

[ Thu, Jan 30th ]: NDTV

Experts On How Budget Can Empower Businesses And Consumers

[ Thu, Jan 30th ]: MSN

EU Commission aims to simplify its way to future growth

[ Thu, Jan 30th ]: cnbctv18

Digital payments rise 11% on year in September 2024: RBI data

[ Thu, Jan 30th ]: Oneindia

Union Budget 2025: Will Stock Markets Remain Open .. eb 1? Know Whether You Can Do Trading On Saturday

[ Thu, Jan 30th ]: Couriermail

Millers and Noni B close as last of Mosaic Brands shuts down

[ Thu, Jan 30th ]: MSN

Planes and trains are great, but Reeves must fix financial infrastructure too

[ Thu, Jan 30th ]: Reuters

Finland's Nordea Bank Q4 posts operating earnings slightly above estimates

[ Thu, Jan 30th ]: Reuters

Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target

Wed, January 29, 2025

[ Wed, Jan 29th ]: Indiatimes

Budget 2025 Expectations Live Updates: Income tax .. haraman may push consumption growth, record capex

[ Wed, Jan 29th ]: cnbctv18

Budget 2025 expectations highlights: Tackling Ind .. r balance sheet' challenge for economic stability

[ Wed, Jan 29th ]: UPI

RFK Jr. denies anti-vaccine stance in confirmation hearing

[ Wed, Jan 29th ]: Investopedia

Your Tax Filing Could Be Free if Musk's DOGE Commission Gets Its Way

[ Wed, Jan 29th ]: clinicaltrialsarena

RFK Jr. denies being anti-vaccine during intense Senate confirmation

[ Wed, Jan 29th ]: AOL

Trump crypto coins a sign of 'speculative frenzy' in markets, famed short seller says

[ Wed, Jan 29th ]: Couriermail

The chance of you getting your money back if you're scammed has been revealed - and it's dire

[ Wed, Jan 29th ]: WRAL

Minted Connect Secures Investment at $10 Million Valuation

[ Wed, Jan 29th ]: CNET

Create an IRS Account This Tax Season to Save Yourself Time and Trouble

[ Wed, Jan 29th ]: Forbes

Why Gallabox Thinks WhatsApp Is The Future Of Sales And Marketing

[ Wed, Jan 29th ]: CNET

Fact Check: Trump Doesn't Have the Power to Force Lower Interest Rates

[ Wed, Jan 29th ]: Kiplinger

Why I'm Not Chasing Airline Status This Year

[ Wed, Jan 29th ]: TechCrunch

Solar startup Niko is building Mexico's first virtual power plant

[ Wed, Jan 29th ]: STAT

Live updates: RFK Jr., Trump's HHS pick, testifies at Senate confirmation hearing

[ Wed, Jan 29th ]: Reuters

British trade minister to visit India to negotiate trade deal

[ Wed, Jan 29th ]: Forbes

The Ominous Omnibus: What New EU Legislation Could Mean For Sustainability Reporting

[ Wed, Jan 29th ]: Reuters

HSBC's global brand in the balance as it doubles down on Asia bet

[ Wed, Jan 29th ]: MSN

Taurus Daily Horoscope Today (April 20- May 20), January 29, 2025: Personality will be refined!

[ Wed, Jan 29th ]: MSN

Bill would refund WA businesses for covering child care costs

Deutsche Bank posts weaker-than-expected profit and ditches 2025 cost target

//business-finance.news-articles.net/content/202 .. xpected-profit-and-ditches-2025-cost-target.html

Published in Business and Finance on Thursday, January 30th 2025 at 1:20 GMT by Reuters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Deutsche Bank on Thursday posted a bigger-than-expected drop in fourth quarter and 2024 full-year profit as legal provisions and restructuring costs eroded revenue gains at its global investment banking division.

2025-03-28 210 x 110 / 6617 Bytes

Deutsche Bank reported a weaker-than-expected profit for the fourth quarter of 2024, with a significant drop in investment banking revenue due to a slowdown in deal-making activities. The bank's net profit was 1.26 billion euros, falling short of the 1.33 billion euros anticipated by analysts. This performance led Deutsche Bank to abandon its 2025 cost target of 17 billion euros, citing inflation and investments in technology as reasons for the increased costs. Despite the profit miss, the bank's shares rose by 3.5% in early trading, buoyed by a 10% increase in full-year net profit to 4.2 billion euros. Additionally, the bank announced a share buyback program of 1.6 billion euros and a 50% increase in its dividend to 0.45 euros per share, signaling confidence in its future financial stability.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/deutsche-bank-posts-weaker-than-expected-profit-ditches-2025-cost-target-2025-01-30/ ]