35 results

A woman walking in front of a branch of Germany’s Deutsche Bank in Cologne. Photograph: Reuters/Wolfgang Rattay

Berlin’s smartphone bank N26 has been granted a European banking licence, giving it a lead in a looming shake-up of financial services across Europe. (...)

Tánaiste Joan Burton and An Post chief executive Donal Connell: Mr Connell noted the loss in mail revenue has been partially offset by a pick- up in online trade, cost reductions and price increases. Photograph:  Maxwell

Retiring An Post chief executive Donal Connell has said traditional mail volumes will be 50 per cent below their 2007 peak in less than five years. (...)

Irish accounting firm Deloitte has formally stepped down as auditors to Ulster Bank after 16 years in the role. This emerges from a companies office(...)

John Cryan, co-chief executive officer of Deutsche Bank: “2016 should be the year when we finish the process of tidying up the bank and be 100 perc ent focused on what’s most important, which is our staff engaging with our customers.”

Deutsche Bank, the German lender that has paid more than $9 billion in fines and settlements since the financial crisis, expects to resolve the larges(...)

Traders on the floor of the New York Stock Exchange.  The federal Reserve is widely expected to raise rates on Wednesday. Photograph: Brendan McDermid/Reuters

US stocks rose for a second day as energy companies rallied with crude oil, while Federal Reserve officials start a two-day meeting at which they are (...)

Deutsche Bank new chief executive John Cryan (R) and co-chief executive Juergen Fitschen address a news conference in Frankfurt, as bank reveals plans to cut its  workforce by 15,000

Deutsche Bank is slashing 15,000 jobs and shedding assets in which some 20,000 staff are employed, as new chief executive John Cryan starts to implem(...)

Seven years after the collapse of Lehman Brothers, Europe’s largest banks are poised for more bloodletting. (Photograph: Chip East/Reuters)

Seven years after the collapse of Lehman Brothers, Europe’s largest banks are poised for more bloodletting. New management teams at Deutsche Ba(...)

Deutsche Bank: chief executive John Cryan presented preliminary details of the cost-cutting plan to members of the supervisory board at the weekend. A spokesman for the bank declined to comment. Photograph: Sergei Karpukhin/Reuters

Deutsche Bank aims to cut roughly 23,000 jobs, or about one quarter of its staff, through layoffs mainly in technology activities and by spinning off (...)

Rainer Neske, expected departure said to be due to a disagreement over the bank’s future direction, German media reported. Photograph: Lisi Niesner/Reuters

The head of Deutsche Bank’s retail banking unit is poised to step down, just weeks after Germany’s biggest bank unveiled a new strategy that will invo(...)

Protesters outside Deutsche Bank’s headquarters in Frankfurt recently wearing masks depicting former chief executive Josef Ackermann, co-chief executive Juergen Fitschen, former board member Tessen von Heydebreck and former chief executive Rolf Breuer. Photograph: Ralph Orlowski/Reuters

The German dramatist Bertolt Brecht once remarked drily that breaking into a bank is nothing compared to founding a bank. His observation hangs in the(...)

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