Christian Sewing News
31.01 / 02:07
COST
UPS
Citi
Trade
stars
Deutsche Bank is cutting jobs too, just not the banking & trading MDs it hired
Deutsche Bank isdoing a Citi. After cutting €200m in costs last year, removing 3,500 jobs from across the bank and getting 75% of the way through its program of «operational efficiencies,» it plans to cut another €300m in costs this year. It will do so, in part, by cutting managers.
25.04 / 08:43
markets
COST
UPS
Trade
show
Deutsche Bank's big hiring has borne fruit, but it still has €1bn of costs to cut
If you're a bank wondering whether hiring new talent is a good move in a difficult market, Deutsche Bank'sfirst quarter results today should lay your fears to rest. After some voracious hiring, first quarter results in the investment bank were pretty fine.
16.02 / 12:07
markets
Citi
CEO
security
pandemic
show
track
Weekend
Has a global investment bank banned the long weekend?
Deutsche Bank’s decision to ban staff from working at home Friday and the following Monday — a common practice at firms that come to the office three days a week — has drawn a new line in the sand in the ongoing tussle between bosses and workers.
18.01 / 13:46
Reuters
Booking
Waters
CEO
Commerzbank
Trade
reports
NOT
Deutsche Bank CEO says acquisitions not a 'priority' as Commerzbank rumors swirl
Deutsche Bank CEO Christian Sewing on Thursday said that merger and acquisition activity is not a priority for his group, as speculation resurfaces over the future of domestic rival Commerzbank.
07.11 / 13:07
Citi
CEO
Fighting
economy
stage
gatherings
services
Financial
Wall Street leaders share fears with global financial services peers
Fragile markets, shadow lenders, international tensions and too many wars — global bankers gathering in Hong Kong were meant to discuss how they’re adapting to the financial world’s “complexity” and ended up dwelling on the potential for big blowups instead.
07.11 / 05:51
25.10 / 06:11
26.07 / 16:29
COST
UPS
Target
show
stage
Deutsche Bank Still Has Too Many Plot Twists
Deutsche Bank’s recovery plan may be working. As a story that investors want to watch, however, it isn’t exactly “Barbenheimer." On Wednesday, the German lender said it earned €763 million, equivalent to $844 million, during the second quarter of the year, a 27% decline compared with a year earlier. The results mirror those reported by Wall Street banks: Net interest income for retail and corporate divisions jumped thanks to central banks pushing interest rates up, but a slump in trading revenue and a dearth of deals has hit investment banking.
27.04 / 06:23
COST
UPS
Reuters
Strategy
UBS
Deutsche Bank logs 11th straight quarterly profit, reveals job cuts
Deutsche Bank on Thursday reported a net profit of 1.158 billion euros ($1.28 billion) for the first quarter, emerging from a turbulent month that saw it swept up in market fears of a global banking crisis.
02.02 / 13:47
COST
Executive
Deutsche Bank chief executive Christian Sewing says ‘no guarantee’ on layoffs
Deutsche Bank chief executive, Christian Sewing, said there is "no guarantee" that the bank will not reduce employee numbers after sharp cuts from investment banking rivals in recent months.
18.11 / 11:55
CEO
Deutsche Bank CEO calls on regulators to loosen rules that ‘structurally disadvantage’ European banks
Deutsche Bank chief executive Christian Sewing has called on politicians and regulators to overhaul rules that "structurally disadvantage" European banks against their US rivals.
27.07 / 08:35
Progressive
CEO
Deutsche Bank beats expectations to post eighth straight quarter of profit
Deutsche Bank beat market expectations to post an eighth straight quarter of profit on Wednesday, recording a second-quarter net income of 1.046 billion euros ($1.06 billion).
21.06 / 09:17
CEO
Fighting
Continental
global economy
Inflation is the 'biggest poison' for the global economy as recession risk rises, Deutsche Bank CEO says
Europe and the U.S. face a high likelihood of recession as central banks are forced to aggressively tighten monetary policy to combat inflation, according to Deutsche Bank CEO Christian Sewing.
28.01 / 16:01
Deutsche Bank’s Sewing ‘very concerned’ about spiralling banker pay
Deutsche Bank is “very concerned” about the war for talent in banking, but has hiked compensation so it remains competitive, its chief executive Christian Sewing said.
27.01 / 23:51
UPS
Deutsche Bank’s dealmakers shine as profit hits 10-year high
Deutsche Bank capped its most profitable year in a decade as revenues within its investment bank surged and its hulking fixed-income trading unit held up better than Wall Street rivals.
27.01 / 12:55
Deutsche Bank’s Sewing ‘very concerned’ about spiralling banker pay
Deutsche Bank is “very concerned” about the war for talent in banking, but has hiked compensation so it remains competitive, its chief executive Christian Sewing said.
27.01 / 11:23
UPS
Deutsche Bank’s dealmakers shine as profit hits 10-year high
Deutsche Bank capped its most profitable year in a decade as revenues within its investment bank surged and its hulking fixed-income trading unit held up better than Wall Street rivals.
27.01 / 09:49
COST
UPS
Progressive
Deutsche Bank posts a surprise profit on strong investment bank performance
LONDON — Deutsche Bank on Thursday defied market expectations to post a profit for the fourth quarter of 2021, as investment bank revenues rose.
facts about Christian Sewing
Who is Christian Sewing?
Christian Sewing is a media figure featured in various news reviews related to current events.
Why is Christian Sewing attracting attention?
Christian Sewing frequently draws public interest due to widely discussed behavior, which raises concern among experts and the public.
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