|Bid||11.45 x 555100|
|Ask||11.45 x 230000|
|Day's range||11.43 - 11.64|
|52-week range||7.51 - 12.56|
|Beta (5Y monthly)||1.37|
|PE ratio (TTM)||13.43|
|Earnings date||27 Oct 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||24 May 2019|
|1y target est||11.39|
FRANKFURT (Reuters) -Deutsche Bank said on Wednesday it would vigorously defend itself against a lawsuit by a Spanish hotel group claiming 500 million euros ($578.3 million) in losses on derivatives products. The suit is the latest development in an issue that first came to light earlier this year, and is a setback for the bank which has been working to restore its public image. The Ibiza-based company, Palladium Hotel Group, said in court documents dated Sept. 30 that Deutsche's bankers sold products knowing that the hotel executives "did not have any (or any significant) experience in dealing with complex financial derivative transactions".
Brian Sozzi gives his latest take on Deutsche Bank’s latest survey, which anticipates a correction by year-end and provides an in-depth look at inflation. Watch as the panel discusses what this survey means in terms of determining the trajectory of the market.
Deutsche Bank's (DB) ratings have been upgraded by Fitch Ratings on success of its restructuring plans, sound business model, strong asset quality and sufficient capitalization.