Deutsche Bank elects not to exercise call option on 3.875% 2004/2014 subordinated bond

Deutsche Bank has decided not to exercise its early redemption option to call the Notes at par because replacement costs would be more expensive than the existing EURIBOR +88 bps step-up coupon. Accordingly, the Notes' early redemption provision at the option of the issuer is not in-the-money.
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Deutsche Bank's alternative investment management business, RREEF, completes acquisition of Rosen Real Estate Securities stake

RREEF Alternative Investments, the global alternatives asset management business of Deutsche Bank’s Asset Management business (DeAM), today announced that it finalized an agreement to acquire a significant minority interest in Rosen Real Estate Securities LLC (RRES), a Berkeley, CA-based, long/short real estate investment advisor.  ... [mehr]

Deutsche Bank treasury stock inventory below 3 per cent

Deutsche Bank today announced in the form of a compulsory notification pursuant to the German Securities Trading Act that on 10 November 2008 the holdings of its own shares fell below the threshold of 3 per cent and is now 2.9 per cent.... [mehr]

Deutsche Bank reports third quarter 2008 net income of EUR 414 million

Deutsche Bank today reported net income of EUR 414 million, versus EUR 1.6 billion in the third quarter 2007. Earnings per share on a diluted basis were EUR 0.83 for the third quarter 2008, versus EUR 3.31 per share in the prior year quarter. Income before income taxes was EUR 93 million, versus EUR 1.4 billion in the prior year quarter. Mark-downs of EUR 1.2 billion were recorded on leveraged loans and loan commitments, residential mortgage-backed securities, monoline insurers, commercial real estate and on available for sale positions. ... [mehr]

Deutsche Bank's alternative investment management business, RREEF, acquires minority interest in Rosen Real Estate business

Deutsche Bank on behalf of RREEF Alternative Investments, the global alternatives asset management business of Deutsche Bank’s Asset Management business (DeAM), today announced that it has signed an agreement to acquire a significant minority interest in Rosen Real
Estate Securities LLC (RRES). ... [mehr]

Qualification of Contingent Capital as Tier 1

Deutsche Bank has elected to qualify the following Contingent Capital transactions as Tier 1 capital:
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Deutsche Bank launches substantial growth programme in its Private & Business Clients division

With a substantial growth programme in its Private & Business Clients division, Deutsche Bank will continue its successful course of the past years, strengthen its market leadership in the German home market and enhance its strong position in Europe.... [mehr]

Deutsche Bank provides update on capital position

Deutsche Bank today affirmed that it anticipates a Tier I capital ratio, under Basel II, of approximately 10% by the end of the third quarter 2008, and consequently that no capital-raising measures are planned.... [mehr]

Deutsche Bank successfully completes capital increase

Today, Deutsche Bank AG placed 40 million new registered shares without par value with institutional investors by way of an accelerated bookbuilt offering. ... [mehr]

Deutsche Bank resolves on capital increase

The management board of Deutsche Bank AG resolved today, with the approval of the supervisory board, to execute a capital increase, which is intended to raise gross proceeds of approximately Euro 2.0 billion. ... [mehr]

Deutsche Post sells 29.75 per cent stake in Postbank to Deutsche Bank in growth-focused transaction

Deutsche Post has sold a minority stake of 29.75 per cent in Postbank to Deutsche Bank for Euro 2.79 billion or Euro 57.25 per share. ... [mehr]

Deutsche Bank and UFG Asset Management enter into a strategic partnership in Russia

Deutsche Bank and UFG Asset Management (UFG AM) today announced that they have signed an agreement to create a strategic partnership and business cooperation in Russia.... [mehr]

Deutsche Bank confirms advanced discussions with Deutsche Post on Postbank

Deutsche Bank confirms that it is in advanced discussions with Deutsche Post regarding a potential acquisition of a stake in Deutsche Postbank. The outcome of these discussions is not yet finalized.... [mehr]

Deutsche Bank reports second quarter 2008 net income of EUR 645 million

Deutsche Bank today reported net income of EUR 645 million, and diluted earnings of EUR 1.27 per share, for the second quarter 2008, versus EUR 1.8 billion, and diluted earnings of EUR 3.60 per share, in the second quarter 2007.... [mehr]

Fortis, ABN AMRO and Deutsche Bank agree on sale of parts of ABN AMRO business unit Netherlands

 Fortis, ABN AMRO and Deutsche Bank announced today that they have signed an agreement by which Deutsche Bank will acquire from ABN AMRO parts of its commercial banking activities in the Netherlands for EUR 709 million in cash.... [mehr]

Deutsche Bank provides update on second quarter 2008

Deutsche Bank announced today that, based on its current expectations, it anticipates reporting a profitable second quarter 2008 when it announces quarterly earnings as scheduled on 31 July.... [mehr]

Deutsche Bank's Annual General Meeting approves all management proposals by large majorities

At Deutsche Bank's Annual General Meeting in Frankfurt am Main today, shareholders approved a 2007 dividend of EUR 4.50 per share (2006: EUR 4.00). This corresponds to a dividend appropriation of EUR 2.3 billion. The dividend will be distributed on 30 May 2008.... [mehr]

Dr. Johannes Teyssen is to be elected on to the Supervisory Board in place of Prof. Dr. Heinrich von Pierer

Prof. Dr. Heinrich von Pierer has informed Deutsche Bank AG that he is no longer available for re-election on to the company’s Supervisory Board to be elected at the Annual General Meeting of Deutsche Bank AG on May 29, 2008. ... [mehr]

Deutsche Bank treasury stock inventory below 5%

Deutsche Bank today announced in the form of a compulsory notification pursuant to the German Securities Trading Act that on 7 May 2008 the holdings of its own shares fell below the threshold of 5 per cent and is now 4.7 per cent.... [mehr]

Deutsche Bank reports first quarter 2008 net loss of EUR 141 million

Deutsche Bank reported a net loss of EUR 141 million, or 27 cents per share, for the first quarter of 2008, and a loss before income taxes of EUR 254 million. ... [mehr]

Deutsche Bank anticipates first-quarter 2008 mark-downs in the region of EUR 2.5 billion in key areas

Josef Ackermann, Chairman of the Management Board of Deutsche Bank will today address an investor conference in London. In his remarks, he will comment on the operating environment during the first quarter of 2008, Deutsche Bank’s positions in key areas, and the financial impact of these positions... [mehr]

Deutsche Bank publishes 2007 Annual Report

Deutsche Bank today published its Annual Report for the financial year 2007.... [mehr]

Stefan Krause appointed member of Deutsche Bank's Management Board

Stefan Krause (45), until recently member of the Management Board of BMW AG, will join the Management Board of Deutsche Bank AG on 1 April 2008. ... [mehr]

Deutsche Bank increases equity stake in Hua Xia Bank

Deutsche Bank today announced that it had signed a binding agreement to subscribe to approx. 265.6 million newly issued shares in Hua Xia Bank for a total subscription price of RMB 3,909 million (approx. EUR 349 million). ... [mehr]

New member of Deutsche Bank's Management Board

Stefan Krause (45) is to be appointed member of the Management Board of Deutsche Bank AG, effective from 1 April 2008.... [mehr]

Deutsche Bank reports net income of EUR 6.5 billion, up 7%, for the year 2007

Deutsche Bank today reported unaudited figures for the fourth quarter and full year 2007... [mehr]

Deutsche Bank acquires Hedgeworks, LLC

Deutsche Bank today announced that on January 31, 2008 it acquired HedgeWorks, LLC, a hedge fund administrator with more than USD 10 billion in assets under administration.... [mehr]

Deutsche Bank increases stake in China's Harvest Fund Management

Deutsche Bank today announced that its Asset Management division has increased its stake in leading China funds management company, Harvest Fund Management Co. Ltd, to 30% ownership, for an undisclosed price.... [mehr]