U.S. consumer sentiment stays steady
Shoppers are seen at Whole Foods Market on October 14, 2022, in Atlanta, Georgia. Elijah Nouvelage | Afp | Getty Images This report is from today’s CNBC Daily Open, our …
Deutsche Bank AG
Fed rate meet in focus
Jerome Powell, chairman of the US Federal Reserve, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Thursday, March 7, 2024. Al Drago | …
Wall Street focus turns to the Fed
A trader works, as a screen displays a news conference by Federal Reserve Board Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock …
Europe is having its worst earnings season since the onset of Covid
Arc of Triomphe Paris, Champs-Elysees France at night vichie81 / iStock / Getty Images Plus LONDON — Around a half of European companies missed earnings expectations in the latest reporting …
Magnificent 7 profits now exceed almost every country in the world. Should we be worried?
Traders work on the floor of the New York Stock Exchange during morning trading on January 31, 2024 in New York City. Michael M. Santiago | Getty Images The so-called …
High rates help Germany’s Commerzbank post best results in 15 years
The Commerzbank building (second from right) in Frankfurt am Main, western Germany, on Sept. 25, 2023. Kirill Kudryavtsev | Afp | Getty Images Commerzbank on Thursday reported a 55% hike …
Deutsche Bank smashes profit estimates and boosts shareholder returns
The reflection of a Deutsche Bank AG logo outside a bank branch in Berlin, Germany, on Monday, March 27, 2023. Krisztian Bocsi | Bloomberg | Getty Images Deutsche Bank on …
A change to this one clause could be the most important part of the Fed meeting
U.S. Federal Reserve Chair Jerome Powell attends a press conference in Washington, D.C., the United States, on Dec. 13, 2023. Liu Jie | Xinhua News Agency | Getty Images Immediately …
German regulator urges banks to set aside bumper profits for bad news
The headquarters of German banks Deutsche Bank (L) and Commerzbank in Frankfurt, Germany. FRANK RUMPENHORST | DPA | Getty Images Banks should be setting aside recent bumper profits to provision …
Deutsche Bank CEO says acquisitions not a ‘priority’ as Commerzbank rumors swirl
Christian Sewing, Chief Executive Officer of Deutsche Bank, has acknowledged that a recession in Germany is inevitable, and urged leaders to accelerate its decoupling from China. Denis Balibouse | Reuters …