The Banking and Strategy Initiative

Chillin' out till it needs to be funded

Bank results: Deutsche Bank covers ground in 2009

Deutsche Bank had a Tier I Capital Ratio of 7% even in 2008 and was among the last to record the failed investments and their write downs to report huge 2008 losses. The bank however swung back the whole way reposing investors’ confidence in its scrip which has since doubled to close at EUR 45 or USD 64 on the NYSE  It is paying payroll taxes of USD 225 million in London while its trading division in London has been one of the stronger divisions this year. Compensation ratios at other banks favor average bonuses of $400 K, ( Morgan Stanley?) and the London Bankers can’t complain guessing from the significant place of the tax payment in all bank communications.

Equities fared worse than American majors, down 60% while Debt remained subdued  like everyone else, no surprises there for EUR 1.28 billion from the erstwhile Global Markets unit.  the final profit reporting a big chunk of EUR 790 million from deferred tax assets as profit for the year. However, 2010 would expect a lot from the bank’s new crop pre selected from the innumerable 2009 exits at Lehman’s, Merrill and Goldman Sachs

One comment on “Bank results: Deutsche Bank covers ground in 2009

  1. Cheap Pandora Bracelet
    November 23, 2011

    I have been exploring for a little bit for any high quality articles or weblog posts in this sort of space . Exploring in Yahoo I finally stumbled upon this site. Reading this info So i’m satisfied to exhibit that I have an incredibly excellent uncanny feeling I discovered exactly what I needed. I most certainly will make certain to don?t omit this website and give it a glance on a continuing basis.

    Like

Comments are closed.

Information

This entry was posted on February 4, 2010 by in Financial Markets and tagged , , , .

Archives

%d bloggers like this: