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MarketScreener Homepage  >  Equities  >  Xetra  >  Deutsche Bank AG    DBK   DE0005140008

DEUTSCHE BANK AG

(DBK)
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Deutsche Bank : Review of Rates Unit May Lead to Job Cuts, Sources Say -Bloomberg

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10/21/2019 | 01:05pm EST

--Deutsche Bank (DB) is completing a review of its rates business unit that trades interest-rate securities, which may lead to a reduction in headcount at the unit, Bloomberg reported Monday, citing "people briefed on the matter."

--If the bank decides to cut jobs, the number would be in the low double-digit percentage range, the report said.

--A Deutsche Bank spokesman said "We are committed to a robust and broadbased rates platform, and are investing in areas of our rates business where we see opportunities to grow our client franchise," according to the report.

Full story: https://www.bloomberg.com/news/articles/2019-10-21/deutsche-bank-considers-job-cuts-of-at-least-10-in-rates-unit

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

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Financials (EUR)
Sales 2019 23 332 M
EBIT 2019 -283 M
Net income 2019 -4 970 M
Finance 2019 20 132 M
Yield 2019 0,23%
P/E ratio 2019 -2,79x
P/E ratio 2020 91,8x
EV / Sales2019 -0,28x
EV / Sales2020 -0,70x
Capitalization 13 670 M
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Technical analysis trends DEUTSCHE BANK AG
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Income Statement Evolution
Consensus
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Mean consensus UNDERPERFORM
Number of Analysts 26
Average target price 6,41  €
Last Close Price 6,62  €
Spread / Highest target 37,2%
Spread / Average Target -3,22%
Spread / Lowest Target -39,6%
EPS Revisions
Managers
NameTitle
Christian Sewing Chief Executive Officer
Karl von Rohr President
Paul Achleitner Chairman-Supervisory Board
Frank Kuhnke Chief Operations Officer
James von Moltke Chief Financial Officer
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