Deutsche Bank AG

Deutsche Bank is a holding company acting as an international financial service provider. Co. offers a wide variety of investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world. Co. has operations or dealings with existing or potential customers in most countries in the world. Co. is organized into the following six corporate divisions: Global Markets (GM); Corporate & Investment Banking (CIB); Private, Wealth & Commercial Clients (PW&CC); Deutsche Asset Management (Deutsche AM); Postbank (PB); and Non-core Operations Unit (NCOU).
  • Ticker514000
  • ISINDE0005140008
  • SectorBanks
  • CountryGermany

Analysts

ValuEngine Rating and Forecast Report for DB

ValuEngine Rating and Forecast Report for DB

Dave Nicoski ...
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

ING
Hendrik Wiersma ...
  • Jeroen van den Broek
  • Job Veenendaal
  • Nadège Tillier
  • Suvi Platerink Kosonen

Coffee, Croissants & Credit/Deutsche Bank, Vodafone, EDF and Engie

Deutsche Bank's (DB) talks with UBS (UBS) regarding merging the asset management businesses of the two banks are stalling according to Reuters citing people familiar with the matter. According to the story published yesterday the differences over control of the combined unit are the main hurdle, but a possible revival of the talks is not ruled out. Combining asset management with UBS would double the scale of the business allowing for synergies. While the control issue is likely to remain a challenging one to solve, it is worth remembering that a deal may be more important for Deutsche Bank du...

ValuEngine Rating and Forecast Report for DB

ValuEngine Rating and Forecast Report for DB

Expert Corporate Governance Service (ECGS)

Deutsche Bank - AGM 23 May 2019

General: On 17 March 2019, Deutsche Bank and Commerzbank published that they had agreed to start discussions with an open outcome on a potential merger. However, on 25 April 2019, the Management Boards of both Deutsche Bank and Commerzbank announced that a combination would not have created sufficient benefits to offset the additional execution risks, restructuring costs and capital requirements associated with such a large-scale integration. As a result, the two banks decided to discontinue discussions. Item 2: Management and Supervisory Board are proposing to distribute an unchanged dividen...

Philippe Lamaud

Deutsche Bank : At the end, will Deutsche win? Credit Opinion revised to Negative on profitability issues and strategic challenges. Recommendations maintained

Football fans all know Gary Lineker’s quote about football being “a simple game: 22 men chase a ball for 90 minutes and at the end, the Germans always win”. While the Word Cup is approaching and Germany is among the favourites, Deutsche Bank’s (DB) performance has been less impressive on the banking field than the ones of the Mannschaft on the pitches, and the outcome of DB’s strategic adjustments is far less certain than the one of a football game, as suggested by Gary Lineker....

Philippe Lamaud

Deutsche Bank : At the end, will Deutsche win? Credit Opinion revised to Negative on profitability issues and strategic challenges. Recommendations maintained

Football fans all know Gary Lineker’s quote about football being “a simple game: 22 men chase a ball for 90 minutes and at the end, the Germans always win”. While the Word Cup is approaching and Germany is among the favourites, Deutsche Bank’s (DB) performance has been less impressive on the banking field than the ones of the Mannschaft on the pitches, and the outcome of DB’s strategic adjustments is far less certain than the one of a football game, as suggested by Gary Lineker....

Deutsche Bank AG: Q1 2017 Results Commentary: Stronger Capital Combined with Recovering Client Confidence and Profits are Credit Positive

FINANCIAL INSTITUTIONS ISSUER COMMENT 27 April 2017 Contacts Peter E. Nerby, CFA 212-553-3782 Senior Vice President [email protected] Ross J Hampson 44-20-7772-1440 Associate Analyst [email protected] Laurie Mayers 44-20-7772-5582 Associate Managing Director [email protected] Deutsche Bank AG Q1 2017 Results Commentary: Stronger Capital Combined with Recovering Client Confidence

Philippe Lamaud

Deutsche Bank : Initiating coverage: Buy Tier 2, Reduce AT1

>Strengths/Opportunities - The EUR8bn capital increase announced by Deutsche Bank (DB) in early March is set to boost the fully-loaded (FL) CET1 ratio by more than 200bp to 14.1% on a pro-forma basis at end-2016, a level far more commensurate with the bank’s risk profile, expected RWA inflation and modest internal capital generation in the medium term. The partial IPO of the asset management subsidiary and asset disposals will also contribute strengthening capital, supporting the bank’s new objective of a FL CET1 FL “comfortably above” 13%. The revision of the 2020 strategy announced alongside...

Philippe Lamaud

Deutsche Bank : Initiation de couverture : Achat Tier 2, Alléger AT1

>Forces / Opportunités - L’augmentation de capital de 8 mds EUR annoncée par DB début mars va renforcer de plus de 200bp son ratio CET1 fully-loaded et le placer à un niveau solide (14.1% à fin 2016 pro-forma), beaucoup plus adéquat au profil de risque de la banque, à l’évolution de la réglementation (hausses de RWA), ainsi qu’à une modeste génération interne de capital à moyen terme. L’IPO partielle de la filiale d’asset management et des cessions d’actifs vont contribuer à renforcer encore le capital et permettre à DB de maintenir le ratio CET1 « confortablement au-dessus » de 13%, nouvel ob...

Derya Guzel

Morningstar | Deutsche Bank Reports Disappointing 1Q Results After Merger Talks Called Off

After Deutsche Bank and Commerzbank officially called off merger talks between the two German lenders, citing cost and execution risks outweighing potential benefits of a combined banking institution, Deutsche Bank is back to square one and off to a bad start. As the group refocuses, to try achieve the profitability of its past, first-quarter results are disappointing. Profits before tax declined to EUR 292 million in the quarter compared with EUR 432 million in the same period of 2018 as revenue generation was weak. The group achieved an 8% cost reduction, determined to offset missing revenue...

Derya Guzel

Morningstar | Deutsche Bank Reports Disappointing 1Q Results After Merger Talks Called Off

After Deutsche Bank and Commerzbank officially called off merger talks between the two German lenders, citing cost and execution risks outweighing potential benefits of a combined banking institution, Deutsche Bank is back to square one and off to a bad start. As the group refocuses, to try achieve the profitability of its past, first-quarter results are disappointing. Profits before tax declined to EUR 292 million in the quarter compared with EUR 432 million in the same period of 2018 as revenue generation was weak. The group achieved an 8% cost reduction, determined to offset missing revenue...

Derya Guzel

Deutsche Bank Reports Disappointing 1Q Results After Merger Talks Called Off

After Deutsche Bank and Commerzbank officially called off merger talks between the two German lenders, citing cost and execution risks outweighing potential benefits of a combined banking institution, Deutsche Bank is back to square one and off to a bad start. As the group refocuses, to try achieve the profitability of its past, first-quarter results are disappointing. Profits before tax declined to EUR 292 million in the quarter compared with EUR 432 million in the same period of 2018 as revenu...

Derya Guzel

Deutsche Bank Reports Disappointing 1Q Results After Merger Talks Called Off

After Deutsche Bank and Commerzbank officially called off merger talks between the two German lenders, citing cost and execution risks outweighing potential benefits of a combined banking institution, Deutsche Bank is back to square one and off to a bad start. As the group refocuses, to try achieve the profitability of its past, first-quarter results are disappointing. Profits before tax declined to EUR 292 million in the quarter compared with EUR 432 million in the same period of 2018 as revenu...

Derya Guzel

Morningstar | Deutsche Reports Disappointing 1Q Results After Merger Talks Called Off

After Deutsche Bank and Commerzbank officially called off merger talks between the two German lenders, citing cost and execution risks outweighing potential benefits of a combined banking institution, Deutsche Bank is back to square one and off to a bad start. As the group refocuses, to try achieve the profitability of its past, first-quarter results are disappointing. Profits before tax declined to EUR 292 million in the quarter compared with EUR 432 million in the same period of 2018 as revenue generation was weak. The group achieved an 8% cost reduction, determined to offset missing revenue...

1 director bought

A director at Deutsche Bank Ag bought 20,000 shares at 9.990USD and the significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of bo...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Baptiste Lebacq
  • Benoit Valleaux
  • Bruno Cavalier
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Louis Boujard
  • Philippe Ourpatian
  • Roland Pfaender
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 04/29/2019

...

Ahmed Ben Salem ...
  • Alexandre Iatrides
  • Alfred Glaser
  • Baptiste Lebacq
  • Benoit Valleaux
  • Bruno Cavalier
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • François Maury
  • Georges Dieng
  • Jean Sassus
  • Jerôme Bodin
  • Louis Boujard
  • Philippe Ourpatian
  • Roland Pfaender
  • Steven Gould

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 29/04/2019

...

Aurelien Sivignon ...
  • Charles Lepetitpas
  • Christophe-Raphaël Ganet
  • Jean Sassus
  • Jeremy Garnier
  • Nicolas David
  • Salma Bouraoui
  • Steven Gould

ODDO BHF Small & MIDCAP MORNING NEWS - 18/03/2019

...

Alfred Glaser ...
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Geoffroy Michalet
  • Jean Sassus
  • Jerôme Bodin
  • Manuel Martin
  • Michael Foundoukidis
  • Steven Gould
  • Sven Edelfelt
  • Sylvain Goyon
  • Thomas Effler
  • Valentin Pernet
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 03/08/2019

An objective examination of the growth drivers of indices (macroeconomic growth expectations, EPS momentum, monetary conditions and the cost of capital) leads us to believe that the momentum observed since the start of the year cannot be maintained in the short term. In short, the market (Stoxx 600) is ahead of its transition times and should enter a fluctuation band that we estimate at between 355 and 384 points. Consequently, the most rational attitude consists in a total or partial...

Alfred Glaser ...
  • Christophe Chaput
  • Christophe-Raphaël Ganet
  • Delphine Brault
  • Geoffroy Michalet
  • Jean Sassus
  • Jerôme Bodin
  • Manuel Martin
  • Michael Foundoukidis
  • Steven Gould
  • Sven Edelfelt
  • Sylvain Goyon
  • Thomas Effler
  • Valentin Pernet
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 08/03/2019

Un examen objectif des moteurs de progression des indices (anticipations de croissance macroéconomique, dynamique des BPA, évolution des conditions monétaires et coût du capital) nous amène à penser que la dynamique observée depuis le début de l’année ne peut se maintenir à court terme. Bref, le marché (Stoxx 600) est en avance sur ses temps de passage et devrait entrer dans une bande de fluctuation que nous estimons comprise entre 355 et 384 points. En conséquence, l’attitude la plus...

ValuEngine Rating and Forecast Report for DB

ValuEngine Rating and Forecast Report for DB

ValuEngine Rating and Forecast Report for DB

ValuEngine Rating and Forecast Report for DB

ValuEngine Rating and Forecast Report for DB

ValuEngine Rating and Forecast Report for DB

ValuEngine Rating and Forecast Report for DB

ValuEngine Rating and Forecast Report for DB

ValuEngine Rating and Forecast Report for DB

ValuEngine Rating and Forecast Report for DB

ING
Hendrik Wiersma ...
  • Jeroen van den Broek
  • Job Veenendaal
  • Nadège Tillier
  • Suvi Platerink Kosonen

Coffee, Croissants & Credit/Deutsche Bank, Vodafone, EDF and Engie

Deutsche Bank's (DB) talks with UBS (UBS) regarding merging the asset management businesses of the two banks are stalling according to Reuters citing people familiar with the matter. According to the story published yesterday the differences over control of the combined unit are the main hurdle, but a possible revival of the talks is not ruled out. Combining asset management with UBS would double the scale of the business allowing for synergies. While the control issue is likely to remain a challenging one to solve, it is worth remembering that a deal may be more important for Deutsche Bank du...

ING
Suvi Platerink Kosonen

Deutsche Bank/Back to square one

Deutsche Bank indicated today that the merger talks with Commerzbank have ended. According to the bank after a careful analysis it became apparent that such as combination would not be in the interests of either its shareholders or other stakeholders as the benefits would not be sufficient to offset additional execution risks, restructuring costs and capital requirements associated with such a large scale integration. In our view a collapse of the merger talks is likely to result in more attention being given to the bank's stand-alone credit quality, a performance negative for its senior paper...

ING
Hendrik Wiersma ...
  • Jeroen van den Broek
  • Job Veenendaal
  • Nadège Tillier
  • Suvi Platerink Kosonen

Coffee, Croissants & Credit/UniCredit, Deutsche Bank, Commerzbank, Orange and Vodafone

UniCredit (UCGIM) is planning to make a multi-billion-euro bid for taking control of Commerzbank (CMZB) if the talks between Deutsche Bank (DB) and Commerzbank were to fail, according to the FT. According to the story, UniCredit would plan to merge Commerzbank with its German subsidiary HypoVereinsbank and the combined entity would continue to have a free float of shares listed on the Frankfurt stock exchange. UniCredit would continue to maintain its headquarters in Italy according to the sources cited by the FT.

ING
Hendrik Wiersma ...
  • Jeroen van den Broek
  • Job Veenendaal
  • Nadège Tillier
  • Suvi Platerink Kosonen

Coffee, Croissants & Credit/Deutsche Bank, Swedbank and Telecom Italia

Deutsche Bank (DB) warned that the market conditions in the beginning of the year have improved as compared to those experienced in 4Q18 but are somewhat weaker than the bank had anticipated. The bank expects its revenues to be slightly higher in 2019 than in 2018 assuming solid economic growth. Earlier this week UBS indicated its 1Q has been one of the worst in recent history and that its revenues in its investment bank declined by a third.

ING
Suvi Platerink Kosonen

Deutsche Bank/Merger hopes to benefit DB over CMZB

Deutsche Bank [de] 4Q18 dropped to a loss, with lower revenues and higher credit costs. Capital metrics were mixed. The poor operating performance increases hopes that the bank will seek alternative options. Deutsche trades with a 15bp pickup versus Commerzbank in preferred senior, after substantial tightening from +40bp YTD. While intensification of merger hopes would support the ongoing outperformance of Deutsche over Commerzbank, a collapse of these hopes would open the door for a considerable underperformance both for preferred and NPS.

MarketLine Department

JPMorgan Chase & Co. - Strategy, SWOT and Corporate Finance Report

JPMorgan Chase & Co. - Strategy, SWOT and Corporate Finance Report Summary JPMorgan Chase & Co. - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights JPMorgan Chase & Co. (JPMC or 'the bank') is one of the leading global financial services firms and one of the largest banking institutions in the US. The company offers services such as cash management, payment solutio...

MarketLine Department

Barclays Plc - Strategy, SWOT and Corporate Finance Report

Barclays Plc - Strategy, SWOT and Corporate Finance Report Summary Barclays Plc - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Barclays Plc (Barclays) is a global financial services provider offering personal and business banking, wholesale and commercial banking, and private and investment banking solutions to individuals, SMEs, corporates, and high-net-worth...

MarketLine Department

BlackRock Inc - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's BlackRock Inc Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by BlackRock Inc since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlig...

MarketLine Department

Dexia Group - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Dexia Group Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Dexia Group since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. Key Highlights ...

MarketLine Department

Mediobanca Banca di Credito Finanziario S.p.A. - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Mediobanca Banca di Credito Finanziario S.p.A. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Mediobanca Banca di Credito Finanziario S.p.A. since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by ...

Expert Corporate Governance Service (ECGS)

Deutsche Bank - AGM 23 May 2019

General: On 17 March 2019, Deutsche Bank and Commerzbank published that they had agreed to start discussions with an open outcome on a potential merger. However, on 25 April 2019, the Management Boards of both Deutsche Bank and Commerzbank announced that a combination would not have created sufficient benefits to offset the additional execution risks, restructuring costs and capital requirements associated with such a large-scale integration. As a result, the two banks decided to discontinue discussions. Item 2: Management and Supervisory Board are proposing to distribute an unchanged dividen...

Deutsche Bank – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

Expert Corporate Governance Service (ECGS)

Proxy Report - 24/05/2018

General: Supervisory Board member Prof. Dr. Stefan Simon is a member of the AdvisoryCommittee of DSW, the local partner of ECGS. This report has been prepared usingstandard ECGS guidelines. Item 2: We recommend to oppose the distribution of a dividend. The dividend again isnot covered by earnings and the Company has to report a loss for the third consecutiveyear. We therefore consider a dividend payment inappropriate at this time. Item 4: We recommend opposing the discharge of Supervisory Board Chairman Dr. Paul Achleitner. Dr. Achleitner has again changed the Management Board team by releas...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

Matthieu DRIOL

Short term view - DEUTSCHE BANK : The background trend is clearly bearish.

The background trend is clearly bearish. The movement goes on. The next target is at €8.000, then €7.358. Passing €11.284 would question the continuation of the fall.

Matthieu DRIOL

Analyse court terme - DEUTSCHE BANK : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 8,000 €, puis 7,358 €. Le franchissement de 11,284 € remettrait en cause la suite de la baisse.

Matthieu DRIOL

Analyse court terme - DEUTSCHE BANK : La tendance de fond est clairement orientée à la baisse.

La tendance de fond est clairement orientée à la baisse. Le mouvement se poursuit. Le prochain objectif est à 8,000 €, puis 7,358 €. Le franchissement de 11,284 € remettrait en cause la suite de la baisse.

Matthieu DRIOL

Short term view - DEUTSCHE BANK : The background trend is clearly bearish.

The background trend is clearly bearish. The movement goes on. The next target is at €8.000, then €7.358. Passing €11.284 would question the continuation of the fall.

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