The Latest Breaking News from Deutsche Bank

German bank becomes latest global lender to target staff in post-pandemic cost reductions

Deutsche said it plans to cut around 3,500 jobs over the next two years, "mainly in non-client-facing areas".

Forecasters at three leading institutions suggest inflation rate will halve to 2% by April

Wells Fargo & Company (WFC) will release its fourth-quarter earnings on January 12. The bank is expected to report growth in revenue over the prior-year quarter, but its EPS is expected to decline. With the Fed expected to cut rates this year, will it be wise to invest in WFC…

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.19%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.22%. Stocks this morning are slightly higher as the markets...

Morning Markets March E-Mini S&P 500 futures (ESH24 ) are up +0.02%, and March Nasdaq 100 E-Mini futures (NQH24 ) are up +0.03%. Stock index futures this morning are slightly higher as they await Thursday's U.S. Dec consumer price report for direction. The consensus is for U.S. Dec CPI to...

JPMorgan Chase CEO says government money is going to run out in 2024 and could prompt a recession.

Epstein, a convicted sex trafficker who took his own life in 2019, has been linked to some of the world's most powerful men. Names included in the court documents aren't evidence of wrongdoing.

Fintech stocks struggled in 2023 amid the Nasdaq composite's big gains, But Deutsche Bank is bullish on fintechs in 2024, including SQ, MQ and BILL.