Quarterly earnings difficult to solve the performance of the huge amount of compensation is still th doat

Quarterly earnings difficult to solve the performance of the huge amount of compensation is still the biggest silver heart you heart We want! The first 2016 China Potter Rockefeller award officially started! Funds, insurance, brokerage and other financial institutions, information management capabilities which is better? Please click [vote], select the strongest institutions in your heart! Reporter Zhang Zhenhe – Deutsche Bank announced on 27 quarter earnings, the group quarter net profit achieved unexpectedly 278 million euros, which is mainly due to the surge in bond trading. However, Deutsche Bank also stressed that the settlement agreement with the U.S. Department of justice is still in progress, the future will face the pressure of huge compensation. In fact, in addition to Deutsche Bank, in the environment under the background of recession, European banks are facing more or less pressure. Deutsche Bank last season the unexpected earnings Deutsche Bank announced 27 earnings to the market surprise. In the third quarter of this year to achieve net profit of 278 million euros, thanks to the surge in bond trading. In addition, the bank’s third quarter net revenues of 7 billion 490 million euros, pre tax profit of 619 million euros, the litigation cost is 501 million euro, corporate and investment banking pre tax profit of 640 million euros. Increase the bank loan loss provision in the third quarter of 2016 58% year-on-year to 327 million euros. Deutsche Bank and Deutsche Bank stressed that the investigation before the financial crisis MBS business negotiations are still in the United States Department of justice. Deutsche Bank CEO Klein said the same day, the bank continued to make good progress in restructuring. But in the past few weeks these positive developments were all covered on the Deutsche Bank in the United States on the MBS negotiation matters concerned, which had a bad effect. The bank adds to compensate for past failures to bear the legal costs of the provision of funds, litigation reserves at the end of June from 5 billion 500 million euros to 5 billion 900 million euros. Deutsche Bank market this year has fallen 41%, fourth difference in the 38 stocks Bloomberg Europe banks and financial services index, the index fell 17% over the same period. Another European banking giant, Credit Suisse Group, has fallen 36% since 2016, and it is restructuring its business to focus on wealth management. Will continue to reduce the cost of Deutsche Bank chief financial officer Marcus · said in the executive meeting; on the day before to Schenck, reduce operating costs, the bank may also need to cut 10 thousand jobs. He did not talk about the specific departments need to lay off. Deutsche Bank Supervisory Board also has yet to make the layoffs on schedule. Deutsche Bank said in September 15th, has been with the United States Department of Justice issued in 2005 to 2007 between Deutsche Bank and underwriting mortgage-backed securities have civil claim negotiations, the United States proposed a $14 billion compensation to settle the case. But Deutsche Bank believes that the U.S. price is too high to be acceptable. The $14 billion compensation equal to about 1/5 of the net assets of Deutsche Bank, Deutsche Bank investors fear unable to bear. In September 16th, Deutsche Bank shares fell about 9% a day. After more than half a month, Deutsche Bank price volatility down, September 26th and 29 days two days more than 7% one-day decline. Theory of division相关的主题文章: