Deutsche Bank's topsy-turvy history with Postbank Deutsche Bank has said it could be on the hook for up to 1.3 billion euros ($1.39 billion) in claims from a long-running lawsuit alleging it underpaid shareholders for its purchase of retail banking ... 05/1/2024 - 10:40 pm | View Link
Explainer-The trio of problems dogging Deutsche Bank's Postbank arm FRANKFURT (Reuters) - Deutsche Bank has warned a protracted lawsuit claiming it underpaid for Postbank could cost Germany's largest lender up to 1.3 billion euros ($1.39 billion). Deutsche ... 04/28/2024 - 4:04 pm | View Link
BNP Paribas beats estimates as lower costs offset trading slump BNP Paribas beat first-quarter profit forecasts on Thursday as lower costs and a robust performance in global banking helped to offset a steep fall in its fixed income trading. 04/25/2024 - 1:20 am | View Link
Barclays shares surge as bank beats forecasts despite drop in profits Barclays posted a 13% drop in its first quarter profits as lower fee income and a drop in the value of its loans and deposits caused its income to slump ... 04/25/2024 - 12:54 am | View Link
Tesla Accelerates Plans for a More Affordable EV Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for a more affordable EV. 04/24/2024 - 1:07 am | View Link
Former Starbucks CEO Howard Schultz says the company’s leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales.
In a LinkedIn post published over the weekend, Schultz said many people had reached out to him after Starbucks reported weaker-than-expected quarterly sales and earnings last week.
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The Seattle coffee giant said revenue dropped 2% in the January-March period as store traffic slowed around the world.
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