Business and Finance Business and Finance
Thu, March 6, 2025

Deutsche Bank shares head for biggest two-day gain since 2011


Published on 2025-03-06 11:20:49 - Reuters
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  • Deutsche Bank shares jumped again on Thursday, bringing their gains to 17% in the two days since German political parties agreed a tectonic spending shift to revamp the military and revive growth.

Deutsche Bank shares experienced their most significant two-day gain since 2011, rising by 10% on March 6, 2025, following a 10% increase the previous day. This surge was driven by the bank's announcement of a new strategic plan aimed at boosting profitability and efficiency. The plan includes a focus on expanding in the U.S., reducing costs, and enhancing its technology and digital offerings. Additionally, the bank reported better-than-expected earnings for the last quarter, which further reassured investors about its financial health and future prospects. The positive market reaction also reflects broader optimism about the stability and recovery of the European banking sector.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/deutsche-bank-shares-head-biggest-two-day-gain-since-2011-2025-03-06/ ]