loss

Restructuring costs drives loss at Deutsche Bank

Transformation and severance costs hit Deutsche Bank in 2019, affecting its performance both at a group level and at its…

GAM appoints new CEO from BlackRock amid large H1 losses

Swiss asset manager GAM has reported an IFRS net loss of CHF13.6m for the first half of 2019, versus a profit…

Deutsche Bank Wealth Management reports 9% drop in Q2

The wealth management arm of German lender Deutsche Bank has reported a fall in revenues of 9% to €429m from €470m. Overall,…

GAM reports loss in 2018; sacks star bond manager

Swiss money manager GAM has reported IFRS net loss of CHF929.1m for the year ended 31 December 2018, versus a…

Deutsche Bank reports €735m loss in 2017

German banking major Deutsche Bank has reported a net loss of €735m for 2017 in its audited results, significantly higher…