Posts tagged "Josef Ackermann"
12 Questions for Deutsche Bank in 2012

12 Questions for Deutsche Bank in 2012

On February 2, 2012, Deutsche Bank CEO Josef Ackermann will discuss the bank’s preliminary results for FY 2011. Ackermann will leave the bank in 2012—a year in which the World Bank projects a recession in the EU, an anemic recovery in the US, and reduced growth in emerging markets.  Against the backdrop of a projected global economic slowdown, and in preparation for Dr. Ackermann’s comments, we have posed 12 questions that may continue to haunt Deutsche Bank in 2012. {read more}
Ackermann Promises Review of Deutsche Bank’s Commodities Trading

Ackermann Promises Review of Deutsche Bank’s Commodities Trading

Deutsche Bank’s commodities trading set record numbers in the third quarter of 2011. According to Reuters, Deutsche’s record numbers in commodities trading “helped offset an otherwise mixed performance in sales and trading.”  Deutsche Bank did not disclose revenues for commodities trading.  Net revenues from corporate banking and securities fell 38% year-on-year to €2.6 billion. {read more}
Deutsche’s “sky-high” leverage ratio, PIIGS exposure and US regulatory uncertainty

Deutsche’s “sky-high” leverage ratio, PIIGS exposure and US regulatory uncertainty

Earlier this year, Morningstar analysts commented that “Even by its own measures, which strip out accounting differences between the U.S. and Europe, Deutsche Bank is leveraged about 23/1, compared with about 15/1 at U.S. investment banks.” {read more}