Deutsche Bank’s Investment Bankers Step Up as Rate Boost Fades

Deutsche Bank AG relied on its traders and investment bankers to make up for a slowdown in income from lending, as Chief Executive Officer Christian Sewing seeks to deliver on an ambitious revenue ... Read More

Deutsche Bank Q1 profit jumps 10% as investment bank outperforms

Deutsche Bank posted on Thursday a better-than-expected 10% increase in first-quarter profit as a resurgence in fixed-income trading and deal-making propelled revenue at its investment banking ... Read More

Investment Banking Lifts Deutsche Bank Earnings

Profits for Germany's biggest bank rose 10% last quarter. (Alex Kraus/Bloomberg News) Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations. The ... Read More

Deutsche Bank reports 10%Y/Y growth in net profit; to increase share repurchases, dividends by at least 50% in 2024

Deutsche Bank press release (DB) reports 10% year-on-year growth in net profit of €1.3 billion in the first quarter of 2024, reaffirms the bank’s financial targets to be achieved by 2025 a ... Read More

Exclusive-Deutsche Telekom, Airbus Slam Plan Allowing Big Tech Access to EU Cloud Data

BRUSSELS (Reuters) - Deutsche Telekom ... from a previous draft which obliged U.S. tech giants to set up a joint venture with an EU-based company to store and process customer data in the bloc ... Read More

What to Know About Tech Companies Using A.I. to Teach Their Own A.I.

OpenAI, Google and other tech companies train their chatbots with huge amounts of data culled from books, Wikipedia articles, news stories and other sources ... technology columnist writes. U.S ... Read More

NAB Show: Cineverse Taps AI Companies to Improve Content Discovery

Built in collaboration with Google Cloud's Gen AI technology, Cineverse has selected AI companies Vionlabs and Datatonic to enhance ... what they're looking for using natural language. It then taps ... Read More

World’s most valuable technology companies in 2024

Tech companies have experienced enormous growth in recent decades, as their innovative products and disruptive business models have transformed the way we now live. These technology leaders have ... Read More

U.S. companies announced over 90,000 job cuts in March — the highest number since January 2023

Employers in the U.S. announced ... followed by 14,224 from technology companies, according to Challenger's data. The media industry announced 2,246 cuts, partly because "news organizations ... Read More

Investment Banking Lifts Deutsche Bank Profits

Deutsche Bank said its first-quarter profit rose 10% as its investment-banking business beat expectations. The quarter saw a reversal from 2023, with investment banking doing better than its bread-and ... Read More

Exclusive: Deutsche Telekom, Airbus slam plan allowing Big Tech access to EU cloud data

The proposal scraps so-called sovereignty requirements from a previous draft which obliged U.S. tech giants ... requirements, Deutsche Telekom, Orange, Airbus and the other 15 companies said ... Read More