Deutsche Bank


mergers and acquisitions

European banks: Countdown to the M&A ballet

It is only a question of time and the markets are waiting: there will be more consolidation operations in the European banking sector in the next few years, some of them cross-border.


NPLs BIG

Spanish banks: less Tier1, no skeletons in the closet

Spanish banks are last in Eurozone in Tier 1 and penultimate in regulatory capital. But they have an unquestionable competitive advantage: they are the only transparent ones in the Eurozone for the ECB and for the other investors being the only audited ones. There are no skeletons in the closet even if there is less capital to compensate.


What lies behind the entry of Hudson into the capital of Deutsche Bank?

What Lies Behind The Entry Of Hudson Into The Capital Of Deutsche Bank?

The share price of Deutsche Bank has risen + 9% since 26 October. This reaction is explained by the entry of Hudson since the results for Q32018 were unconvincing and the reaction to the stress tests did call attention. The US hedge fund Hudson Executive Capital has invested 550 M€ to take control of 3.1% of the capital – equivalent to 8.6€/share. Hudson thus becomes the fourth largest shareholder behind the Chinese group HNA (7.6%), a Qatari fund (6.1%) and Blackrock (5%).


DeutscheBank3

Are Deutsche Bank´s optimistic results expectations misleading?

German main bank expects to report pre-tax profits of around €700 M and a net profit of €400 M for the second quarter of 2018. However, some analists do not agree with Deutsche Bank´s optimism. For example Alphavalue points out that the bank has shown sleight of hand in selling results that appear better than they are.



Caixabank's eyes DB's subsidiary

Caixabank eyeing Deutsche Bank’s Spanish business

Caixabank has informed Deutsche Bank’s management team of its interest in the German bank’s Spanish subsidiary in the event of a sale. The approach was made in 2016, before Deutsche Bank reached an agreement with the US Department of Justice to reduce the fine for selling “subprime” mortgages to $7.2 billion


What lies behind the entry of Hudson into the capital of Deutsche Bank?

Deutsche Bank: Wait (sell, 16% Downside)

The company is a great business that can raise €8bn to essentially hand over the proceeds to the US courts without destroying its market cap (c.-10% on the news). “Hats off then to Mr Cryan, the CEO of Deutsche Bank, for keeping the benefits of the doubt for more than a year into the job”, says Carax- Alphavalue’s analysts.



The Spanish bank warns The SEC about the effects of Brexit

Santander, Deutsche Bank subsidiaries once again fail Fed stress tests

Out of the 33 banks subjected to the Federal Reserve’s stress tests, 31 have passed this year, which means they will be able to increase their dividends and share buybacks. On the other hand, Deutsche Bank and Banco Santander failed the tests due to the Fed’s doubts about their capacity to measure risk.