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  Deutsche Bank to cut 3,500 jobs even as it records USD 4.5 billion profit last year

  Business | February 01, 2024 23:03 IST

  Deutsche Bank said the reduction in the number of positions would mostly be for jobs that don't involve directly dealing with customers.

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  RBI likely to slow down pace of rate hikes, may raise rates by 0.25 pc in Sept: Deutsche Bank

  Business | August 22, 2022 21:30 IST

  RBI rate hike: In a report, the Germany-based bank said the RBI will respond with a slower pace of rate hikes from here, basing the expectation on the recently released minutes of the last meeting of the Monetary Policy Committee (MPC).

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  Former Deutsche Bank Co-CEO Anshu Jain dies after battle with duodenal cancer

  World | August 14, 2022 6:59 IST

  Anshu Jain began his career as an analyst in derivatives research at Kidder, Peabody & Co., then moved to Merrill Lynch, where he spent seven years.

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  Deutsche bank suffers $3.5 billion loss in second quarter

  Business | July 25, 2019 15:48 IST

  Deutsche Bank says it lost 3.1 billion euros ($3.45 billion) in the second quarter as it booked heavy charges for its sweeping restructuring that will lead to the loss of 18,000 jobs by 2022.

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  Deutsche Bank layoffs: From New York to Bengaluru, jobs to be hit globally

  Business | July 10, 2019 17:05 IST

  Deutsche Bank India said the decision of the German parent to lay off as many as 18,000 employees globally will have an impact here as well but declined to quantify the number of employees who will be hit.

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  Deutsche Bank fined $41 mn for money laundering violations in US

  May 31, 2017 8:21 IST

  The US Federal Reserve has imposed a penalty of $41 million on Deutsche Bank for failure to maintain controls against money laundering in its U.S. operations.

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  Deutsche Bank extends maternity leave for women employees from 16 weeks to 26 weeks

  India | June 30, 2016 15:00 IST

  New Delhi: Women employees at Deutsche Bank India will now have a reason to feel good as they will now get paid maternity leave of 26 weeks similar to that of Tata Group which offers

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  Deutsche Bank Asia Pacific CEO, Gunit Chadha, resigns

  June 14, 2016 18:53 IST

  New Delhi: German lender Deutsche Bank said in a statement that Asia Pacific chief executive and former head of Indian operations Gunit Chadha has decide to put down his papers. Deutsche Bank has posted on

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  Deutsche Bank to cut 35,000 jobs after $6.6 billion loss

  World | October 29, 2015 17:27 IST

  Frankfurt, Germany (AP):  Deutsche Bank says it is cutting 35,000 jobs through redundancies and the sale of businesses as new CEO John Cryan seeks to make Germany's biggest lender more manageable and profitable.The bank will

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  Anshu Jain resigns as Co-CEO of Deutsche Bank

  June 08, 2015 12:07 IST

  Berlin: In a surprise move, India-born Anshu Jain today resigned as the Co-CEO of Germany's biggest bank - Deutsche Bank - loosing the top spot to former UBS banker John Cryan, who will serve as

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  'Buy' rating to Just Dial,target price Rs 1,800: Deutsche Bank

  June 05, 2014 16:56 IST

  New Delhi: Deutsche Bank has given a "buy" rating to Just Dial with a target of Rs 1,800, citing expectations of "high" growth in the online classifieds and digital advertisements market. The bank also sees

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  Won't fund Adani's coal port expansion in Aus: Deutsche Bank

  May 24, 2014 19:13 IST

  Melbourne: Deutsche Bank has refused to fund the expansion of one of the world's biggest coal ports by India's Adani Group near the ecologically sensitive Great Barrier Reef in Australia after protests by green activists. 

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  Chidambaram to woo investors in Frankfurt

  January 28, 2013 6:24 IST

  Frankfurt, Jan 28: Union Finance Minister P Chidambaram will launch a new promotion campaign here today to woo European investors to India as the government struggles to reverse an economic slowdown, rein in fiscal deficit

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  Deutsche Bank increases domestic, NRE deposit rates

  June 27, 2012 22:55 IST

  Mumbai, Jun 27: At a time when Indian lenders are reducing their deposit pricing, Deutsche Bank today revised upwards its deposit rates for domestic and NRE depositors in the range of 1.10-1.40 per cent for

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  Banking sector to consolidate globally, says Anshu Jain

  June 03, 2012 12:08 IST

  Berlin, Jun 3: Banking sector is set to consolidate globally with only five or six lenders emerging as major players and Deutsche Bank should be among them, co-CEO of Germany's largest lender Anshu Jain said

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  Deutsche Bank Pumps Rs 455 Cr Into India Arm

  March 18, 2012 13:47 IST

  Mumbai, Mar 18: The German banking leader Deutsche Bank has increased the capital base in its franchise here by Rs 455 crore to fund growth plans.“This Rs 455 crore capital infusion will take Deutsche Bank

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  Deutsche Bank Appoints Anjali Mohanty As Head Of Global Transaction Banking

  September 20, 2011 18:57 IST

  Mumbai, Sept 20: Deutsche Bank on Tuesday said it has appointed Anjali Mohanty as Head of Global Transaction Banking (GTB), India. She was earlier associated with Citi Bank. Mohanty will report to Deutsche Bank India