Money Deutsche Bank with billions win
In Lebanon, the Justice Detached against the Untouchable Banking Secret
The Associate Prosecutor at the Court of Cassation, which investigates the boss of the Bank of Lebanon, Riad Salamé, was interrupted in full search. © supplied by the world Riad Salamé, boss of the Bank of Lebanon, to Beirut, November 11, 2019. in Lebanon, country in full economic debacle, where the currency has lost more than 90% of its value, the " Party of banks "does not go back to anything to preserve its secrets.
again black figures in a full year, this time even a billions surplus - Deutsche Bank boss Christian Sewing is likely to present the balance sheet of the largest German cash building for the year 2021 for the coming Thursday with pride.
But the German industry prime has long not achieved all self-stuck goals and the environment for banks remains difficult.A good 1.6 billion euros profit
analysts expect around 3.5 billion euros in pre-tax profit for the full year 2021 at Deutsche Bank. Increased profit of just under 2.1 billion euros need to be deducted to pay interest payments to the holders of certain bonds, so that the market estimates published by the Bank are about 1.6 billion euros in profit. The Bank may also have benefited that it had to cover significantly less money for possible loan losses than in the Corona year 2020.
because of Corona Infringement: Credit-Suisse-Chief Guards must go
The Chairman of the Board of Directors of the Swiss Bank Credit Suisse has lost his job after a breach of the country's quarantine rules. © Walter Bieri / Keystone / dpa The logo of the Swiss Bank Credit Suisse above the entrance to the company headquarters in Zurich. Chief Guard António Horta-Osório had been replaced after an investigation of the Board of Directors with immediate effect by the Swiss Axel Lehmann, the financial institution announced in the night of Monday.
In the final quarter of 2021, the Deutsche Bank has slipped according to analysts under the stroke, however, in the red figures - among other things Costs for the consolidated conversion. Previously, the institute had successfully completed five quarters in a row. In the full year 2020, after five loss years, Deutsche Bank had achieved profit for five loss years in a row with € 113 million under the stroke.
Sewing was moved to the Bank's boss in April 2018 and had prescribed a fundamental reorganization to the Institute - including the degradation of thousands. He supported the investment banking, from which worldwide stock trading, Deutsche Bank retreated.
Video: Cerberus lowers involvement in German major banks (DPA AFX)
has not risen so far the plan to make the institute less depending on the fluctuating capital market business. In the event of analysts, the investment bank should have exceeded the only division of Deutsche Bank in the pre-tax profit last year with a good 3.8 billion euros. For comparison: In the private customer business, experts on average expect just 600 million euros profit before taxes.
Exchange Trading On Wednesday: 10 Important Facts
These 10 facts are likely to ensure movement in the markets today. © Provided by finanzen.net Daniel Roland / AFP / Getty Images Keep an eye on the complete current trading day here. 1. DAX with duties Expected The DAX lies about one hour before the start of the starting bell 0.45 percent on 15,706.00 points. 2. Exchanges in Far East Partially deep red In Japan, Nikkei crashed by 2.80 percent to 27,467.23 points. At the Chinese mainland, the Shanghai Composite loses 0.33 percent to 3,558.18 met
Financial Officer James of Moltke had said the "Handelsblatt" at the beginning of January, in investment banking "in the current year in investment banking" with normalization, ie with slightly lower income ». The Executive Board assumes that business and private customer business "will" take a greater role as growth driver. "hopes for better credit rating
tailwind hopes the money house hopes again improved credit rating notes. "We estimate that the rating downgrades in the past cost us revenues in the three-digit million area," said by Moltke. "According to the upgrades last year, we see that customers will make more business with us again."
The consolidated conversion, which was ultimately more expensive than planned, sees corporate boss Sewing on the destination straight, as the manager emphasized at the end of October: "Overall, we have already shouldered 90 percent of the expected burdens through the transformation and are the best way, the conversion costs to the end of the Year almost completely digested. "
There would be 40,000,000,000,000,000 black holes in the
© Universe provided by Numerama based on the estimates of a team of scientists, there would be 40 billion billions of black holes in the universe observable. 40 000 000 000 000 000,000. It's a lot of zeros (19). According to the estimates of a team of scientists, there would be 40 billion billions of black holes in the observable universe. 40 000 000 000 000 000,000. It's a lot of zeros (19). How many black holes are there in the observable universe? 40 billion billions.
remedy remunerated, costs lowered - Sewing and his team have fulfilled some of their core promises. Now the management needs to convince the investors that the bank also earns permanently enough money. "The return target of eight percent is our northern star, the central orientation for the entire bank and the entire conversion», insured by Moltke's financial boss at the beginning of January. He was "very confident" that the bank will fulfill its self-set specifications in the current year.
Already at the end of October, Council of Experts had reaffirmed Sewing, the bank is "on a very good way to reach a return on the material equity of 8 percent after taxes we made for 2022». On March 10, the Executive Board wants to explain the investors, as Germany's largest cash office in the coming years could further increase profitability.
A first bright spot for shareholders: Sewings previous balance is hoping that Deutsche Bank pays a dividend after two zero rounds for the 2021 financial year. Analysts go on average of 30 cents per share.
German guided EM Final .
The final of the Handball EM will take place with German participation. The referee Robert Schulze and Tobias Tönnies lead the final. © Provided by sport1.de German guided EM Final The final of the Handball EM will take place with German participation. As the European Handball Federation (EHF) announced on Thursday, the German referee team Robert Schulze and Tobias Tönnies will lead the final on Sunday in Budapest / Hungary from 18.00.