Christian Sewing

Deutsche Bank AG (NYSE: DB) formally announced the sale of $50 billion in unwanted assets to Goldman Sachs Group Inc. (NYSE: GS) on Wednesday as part of an overhaul of its emerging-market debt holdings, according to Reuters.  To conduct the transaction, Deutsche is using a capital release unit...

Germany's Deutsche Bank AG (NYSE: DB) confirmed over the weekend it will eliminate 18,000 jobs by 2022 to save 17 billion euros ($19 billion USD). What To Know Deutsche Bank plans on eliminating its global equities sales and trading business and cut back its investment banking business to...

German bank Deutsche Bank AG (NYSE: DB) has suffered three consecutive years of losses and the company's head office was raided by German police officers in late November in connection with a money laundering investigation. As one of the country's most important financial institutions...