Deutsche Bank : Higher distributions likely
>Deutsche Bank reported Q3 2023 ahead of expectations - Deutsche Bank’s adjusted operating profit came to € 1,916m and stood ahead of the € 1,761m consensus estimate. The result was helped by the low cost of risk which came to € 245m and compares with the € 353m consensus estimate. Furthermore, Corporates & Others reported a loss of € 195m (positive impact from valuation & timing differences) which came in below the € 300m consensus loss expectation. Normalising for ...Deutsche Bank is a holding company acting as an international financial service provider. Co. offers a wide variety of investment, financial and related products and services to private individuals, corporate entities and institutional clients around the world. Co. has operations or dealings with existing or potential customers in most countries in the world. Co. is organized into the following six corporate divisions: Global Markets (GM); Corporate & Investment Banking (CIB); Private, Wealth & Commercial Clients (PW&CC); Deutsche Asset Management (Deutsche AM); Postbank (PB); and Non-core Operations Unit (NCOU).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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