Warburg Research Maintains Deutsche Bank(DB.US) With Buy Rating, Raises Target Price to $22.48
PRESS RELEASE: Eqs-Adhoc: Deutsche Bank To Issue Additional Tier 1 Capital Instruments
UBS Maintains Deutsche Bank(DB.US) With Buy Rating, Cuts Target Price to $20.58
Trump's victory lowers the expectations for interest rates at the European Central Bank. Some speculate that zero interest rates may make a comeback.
Dutch banks expect significant hits to economic growth and inflation, as policymakers prepare for the final interest rate meeting of the year. Trump's election as President of the United States has led some observers to speculate on whether the European Central Bank will need to bring borrowing costs back to highly stimulating levels if his trade tariff threats become reality. Dutch bank economists adjusted their forecasts for eurozone monetary policy on Wednesday, expecting the current 3.25% key deposit rate to fall to 1% by early 2026, down from the bank's previous forecast of 1.5%. In their report, they wrote that Trump's trade policy will severely impact the economic growth of the eurozone's 20 countries.
Deutsche Bank (DB.US) CFO: Strong momentum in business growth in Q4, fixed income, underwriting, and advisory departments performing well.
Deutsche Bank's chief financial officer James von Moltke stated to investors that halfway through the fourth quarter, the business's growth momentum is "very encouraging".
Castle Investment warns headhunters: Do not recommend fictitious positions.
Castle Investment has warned external recruiters not to promote non-existent positions. Previously, there were allegations that a top headhunting company misled some global banks' traders, leading them to share confidential information. According to insiders, Ken Griffin's investment firm has recently emailed headhunters, reminding them not to disclose confidential information about Castle Investment or request such information from its employees. Due to the sensitivity of the matter, insiders have requested anonymity. Castle Investment, with approximately 3,000 employees, has instructed headhunters not to share any confidential information about other companies in the industry or distort it.
