Deutsche Bank reports first annual profit in four years

But revenues fell four percent, to 25.3 billion euros, with Deutsche blaming a fourth quarter marked by "challenging financial markets" and "negative" headlines, including a November raid by prosecutors on the bank's Frankfurt hea


SocGen Plans Investment Bank Job Cuts After Trading Slump

The CEO is among the longest-serving leaders in European banking, having been at the helm for about a decade, and took his third set of financial targets to investors in 2017 after missing earlier multi-year goals.


A Truly Terrible Idea for Deutsche Bank

A Commerzbank merger would make a mockery of the EU’s hopes to avoid lenders that are “too big to fail” – and the bloc's plans for a banking union.